IBM, SAP layoffs: Thousands of job cuts as Q4 earnings announced
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%.
Source: usatoday.com
Page 3 - Nada Eissa News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Nada Eissa. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Nada Eissa Today - Breaking & Trending Today
Are we heading into a recession? Experts say yes, despite market rally
Despite the market rally, most economists still forecast a mild recession next year as the Fed continues to raise interest rates to curb inflation.
Source: usatoday.com
Inflation is still high but some prices are coming down
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
Source: usatoday.com
Alabama Power raising rates on residential customers
Residential bills for Alabama Power customers will increase with the hike going toward “the higher cost of fuel used to generate electricity.”
Source: gadsdentimes.com
Fed announces another rate hike. But inflation is even more painful.
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.
Source: usatoday.com