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| It's Thursday, and we are officially over the hump! But it seems the markets have hit a bump in the road after a surprisingly strong start to the year. |
| Investors are worried, again, that the Federal Reserve will push the economy into a recession to get inflation back down to its target around 2%. Some of the jitters stemmed from earnings reports and layoff news. Amazon's going ahead with its 18,000 job cuts and is even axing its charity program . Software giant Microsoft is laying off 10,000 people. And how depressing is it when the life of the party, Party City, declares bankruptcy? |
| Don't worry, though, some market strategists say. Things will turn back around this year. We'll see. |
📰 More stories you shouldn't miss 📰 |
| Is the market for homebuying ripening again? Relief for homebuyers in 2023? Mortgage rates at lowest levels since September |
| Subsistence is really expensive. Inflation is battering lower-income households most as food, housing costs soar, Fed study says |
| The not-so-egg-cellent news. 'Egg-scuse me, this carton is how much?' Here's why egg prices are soaring across the US |
🍔 Today's Menu 🍔 |
| Can you really drink your vegetables? On a New Year's health kick? What to know before swapping real fruits and veggies for V8 juice. |
About The Daily Money |
| Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: how decisions by the Federal Reserve, government and companies impact you. |
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