Treasury Secretary Janet Yellen said Sunday that high inflation would persist for the remainder of 2022 and that, while she expects the U.S. economy...
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After a promising start to morning trading, the major stock indexes turned sharply negative Friday with the S&P 500 tumbling into bear market territory and the Dow Jones Industrial Average setting up for the longest streak of weekly losses since the Great Depression.
Netflix has announced a new round of layoffs, choosing this time to let go of over 150 employees. Many of the laid off employees were involved with “LBGT+ and BIPOC” projects.