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17.03 - 03:19
Cuts at Amazon, Other Tech Companies Don’t Spell Recession Yet
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wsj.comAmazon . com Inc.’s halt to construction of a new headquarters, on top of a parade of high-profile tech layoffs, looks ominous for the economy. But the damage will need to spread much further to signal full-blown recession.
When the U.S. has entered recession in the past, weakness has often started in one sector and then spread like brushfire, pulling down a widening array of industries and the people who work in them.
Read more on wsj.comAbout this in other media
Tories must restore economic credibility to win election as Hunt rejects calls for tax cuts theguardian.com /1 year ago
Goldman Sachs cuts GDP forecast because of stress on small banks, which are key to U.S. economy cnbc.com /1 year ago
HSBC cuts some senior dealmaker salaries by 25% fnlondon.com /1 year ago
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