Page 2 - Nada Eissa News Today

IBM and SAP have joined other tech giants cutting thousands of jobs. IBM is cutting 1.5% of its global workforce, while SAP is downsizing by 2.5%.

Despite the market rally, most economists still forecast a mild recession next year as the Fed continues to raise interest rates to curb inflation.

Inflation is hovering at 7.7%, a slight improvement from September. But some prices are coming down providing a little bit of relief to Americans

Residential bills for Alabama Power customers will increase with the hike going toward “the higher cost of fuel used to generate electricity.”

Inflation is running at more than 8%, home mortgage rates are above 7%, and Jerome Powell and the Federal Reserve just hit us with another rate hike.

Will there be a recession in 2023? Most economists predict yes, but there is a split on how severe it will be.

For the first time in 40 years, inflation is rising faster than medical costs. But employers and health insurers are bracing for that to soon change.

Inflation is a generalized raise in prices. It can be caused by several factors, such as excess spending in comparison to the products availability.

While gas eased, a key measure of prices that excludes food and energy costs posted the biggest gain since 1982, the report showed.

The strength of the dollar, a changing job market, bank health, stocks and the federal debt all could affect your job and your finances.