The Fed’s aggressive rate hikes to fight inflation has caused deterioration in economic outlook. Atlanta Fed’s GDP gauge now sees the second quarter running at – 2.1%. With the first quarter’s decline of 1.6%, this makes it two quarters in a row with negative GDP. This fits with the technical definition of a recession. As […]
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One of the largest banks in the world has taken an unpopular stance on a controversial workplace policy that has been put on the chopping block in corporate America. Last year, major retailers such as Read more…
If Satya Nadella has his way, there will only be one cloud in the sky and it will be Azure. Nearly five years ago, the Microsoft (MSFT) CEO told tech leaders and developers at a Read more…
Transcript: Conway Gittens: I’m Conway Gittens reporting from the New York Stock Exchange. Here’s what we’re watching on TheStreet today. One day after the Federal Reserve held interest rates steady, data released on Thursday shows the Read more…