More layoffs are on the way, survey of business economists finds

For the first time since the early days of the pandemic, most business economists expect their companies to cut payrolls in the coming months, according to a new survey released Monday.

News: What you need to know about the markets     More layoffs are on the way, survey of business economists finds For the first time since the early days of the pandemic, most business economists expect their companies to cut payrolls in the coming months, according to a new survey released Monday. Read more »   Argentina and Brazil are discussing a common currency. Don't hold your breath The two biggest economies in South America are starting talks to create a common currency. Analysts are skeptical. Read more »   The Washington Post is not for sale, owner Jeff Bezos and the newspaper say The Washington Post is not for sale, spokespeople for the newspaper and its owner Jeff Bezos told CNN on Monday. Read more »   Economic barometer warns that a US recession could come soon A key barometer for the health of the economy continues to flash a recession warning sign, indicating a downturn is in store for the US in the near future. Read more »   Salesforce under siege from top activist hedge fund Software giant Salesforce, one of the 30 stocks in the venerable Dow Jones Industrial Average, had a miserable 2022. Now the company is under attack from a big hedge fund that wants to shake things up at the company that owns Slack. Read more »   Greatest trade ever? Citadel's $16 billion haul smashes hedge fund records Citadel is now the most successful hedge fund ever after it made $16 billion last year — the biggest annual windfall on record. Read more »

Dow Nasdaq S&P +254.07   +223.98   +47.20 33,629.56   11,364.41   4,019.81 +0.76%   +2.01%   +1.19% YTD +1.46%   YTD +8.58%   YTD +4.70%

Biggest Winners Generac Holdings Inc +6.97%   Catalent Inc +6.35%   Albemarle Corp +4.89%   Ralph Lauren Corp +4.81% Biggest Losers Xylem Inc -7.95%   Schlumberger NV -2.60%   American Tower Corp -2.59%   FirstEnergy Corp -2.51%

Hottest ETF NYSE Market Volume

Key Market Stats Latest Today's Change Oil $81.60 -0.04 / -0.05% Gold $1,932.60 +4.40 / +0.23% 10-yr 3.52% +0.04 Euro $1.09 +0.00 / +0.07%

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