Includes Airbnb, Amazon, Apple, Bank of America, Dick’s Sporting Goods, DoorDash, JPMorgan Chase, Levi Strauss, Meta, Microsoft, Netflix, Nike, Patagonia, PayPal, Reddit, Starbucks, Tesla, Walt Disney Company, Yelp.
American consumers have never been this pessimistic about the economy, with the University of Michigan consumer confidence index plunging to a record low, as soaring inflation erodes household purchasing power and threatens a cost-of-living crisis.
Tesla (TSLA.O) CEO Elon Musk has a "super bad feeling" about the economy and needs to cut about 10% of salaried staff at the electric carmaker, he said in emails seen by Reuters.
Woke capital is perhaps the least visible and most dangerous iteration of wokeness that has pervaded the nation’s institutions, and the right has a daring strategy to take it on — do the same thing that has failed time after time against Big Tech.