layoffs

Why The U.S. Economy May Have A ‘Delayed’ Recession: Gary Shilling

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The U.S. economy may still face a “delayed” recession, says investment analyst Gary Shilling. “We’ve had more strength in employment than probably is commensurate with the state of enterprise,” Shilling told CNBC. In this episode of “The Bottom Line,” Shilling talks about what may be next for the economy — from key indicators and AI … Read more

Why Widespread Tech Layoffs Keep Happening Despite A Strong U.S. Economy

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The tech sector is having a big 2024. Nvidia just crushed earnings expectations. The AI boom remains in full swing. The tech-heavy Nasdaq index is up more than 8 percent year-to-date. The U.S. economy is also doing surprisingly well, adding 353,000 jobs in January, well ahead of economists’ forecasts. Hotter-than-expected inflation data may also keep … Read more