Stellantis uses ‘mandatory remote work day’ to cut 400 white-collar jobs
White-collar workers at Chrysler-parent Stellantis have reason to be nervous if they ever receive a company notice telling them it’s ...
Tag: Cut
Fed raises GDP and inflation outlook, while keeping rate cut forecast
Federal Reserve Chairman Jerome Powell testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled "The Semiannual Monetary ...
Citadel’s Ken Griffin says the Fed shouldn’t cut too quickly, citing big tailwinds supporting inflation
Ken Griffin, Citadel at CNBC's Delivering Alpha, Sept. 28, 2022.Scott Mlyn | CNBCKen Griffin, Citadel founder and CEO, thinks the Federal ...
Elon Musk is letting Tesla loyalists cut the line and buy Cybertrucks before everyone else
Musk first unveiled the Cybertruck back in 2019, but the production timeline has been lethargic ever since. The first vehicles ...
Americans have never been more concerned about their finances. But that doesn’t mean they plan to cut back
Inflation, high interest rates, a rocky job market, and the COVID-19 pandemic—they all have American adults feeling more anxious about ...
China’s central bank governor says there’s room to cut banks’ reserve requirements
China's central bank governor said there was room to further cut banks' reserve requirements, and pledged to utilize monetary policy ...
Major airlines raised fees for checked bags. Here are 7 ways to cut costs
Brandon Bell | Getty Images News | Getty ImagesA handful of airlines — Alaska Airlines, American Airlines, JetBlue Airways and ...
US stocks open higher as inflation data fuels rate cut hopes
Wall Street's main indexes opened higher on Thursday as a key inflation metric came in line with estimates, raising hopes ...
Beyond Meat climbs 60% to 6-month high on short squeeze after price hikes, cost cut plans
Beyond Meat shares soared 60% to a six-month high on Wednesday after the plant-based meat maker placed its bets on ...
Sony plunged $10 billion after its PS5 sales cut. But a bigger issue is its near decade low games margin
The PlayStation DualSense controller and PlayStation 5 console.Jakub Porzycki | Nurphoto | Getty ImagesAround $10 billion of value was wiped ...
