FED to Reveal Pain Coming, GAP 500 LayOffs, Walmart/Others Canceling Billions $ in Orders

2 years ago
25

Federal Reserve officials are about to put numbers on the “pain” they’ve been warning of in recent weeks when they publish new projections for the economy, which could show a substantial rise in interest rates and unemployment ahead as the estimated price tag for reducing inflation.
Link: https://finance.yahoo.com/news/fed-set-reveal-pain-coming-110000931.html
Gap eliminating about 500 corporate jobs as sales fall
Link: https://www.cnbc.com/2022/09/20/gap-eliminating-about-500-corporate-jobs-as-sales-fall.html
Walmart and other retailers are canceling billions of dollars in orders
Link: https://retailwire.com/discussion/walmart-and-other-retailers-are-canceling-billions-of-dollars-in-orders/

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