Finance

Demand for AI skills on freelance services website Fiverr skyrockets

Amid the rapid rise of artificial intelligence technology, search queries on Fiverr, a freelance gig hub, have “skyrocketed,” according to the website.  Fiverr’s Spring 2023 Business Trends Index shows that

First Republic collapse adds to credit crunch woes for Americans

The implosion of a third U.S. bank this week threatens to worsen a credit crunch for American households and businesses, further taking a toll on economic growth that is already

Startups in the U.S. boom

The Commerce Department kicked off SelectUSA today for the annual event that brings investors, startups, and local leaders together as startups in America hit an all-time high. Secretary Gina Raimondo opened

Ernst & Young to lay off about 3000 US-based employees

Ernst & Young’s U.S. arm said on Monday it was shedding 5% of its workforce, less than a week after the unit’s objection torpedoed the global accounting giant’s plan to

Sega agrees to buy Rovio Entertainment, creator of Angry Birds, for $775 million

Japanese video game developer Sega Sammy Holdings Inc. is purchasing Rovio Entertainment, the Finish-based video game developer that created Angry Birds, for about $776 million. Sega offered $10.17, per share

CVS ‘gender transition’ guide says employees must use preferred pronouns, can use bathroom reflecting identity

EXCLUSIVE: CVS Health’s “gender transition guidelines” for employees requires workers to address people by their preferred pronouns and names and that they may use whichever restroom or locker room they

Former Home Depot CEO issues grim warning over US bankruptcies: ‘It’s different than anything I’ve

Former Home Depot CEO Bob Nardelli issued a grim warning over the U.S.’s “very complex” economy, cautioning consumers that middle market companies are under “tremendous pressure.” “I think we’re going

Small Businesses Hit Hard by Credit Crunch

Small businesses are feeling the pinch as lenders, particularly small and midsize banks that serve small businesses, tighten credit due to outflows of deposits and uncertainty about the economy. The

Stuart Varney: Biden wants to transform the US economy to ‘all government all the time’

During his “My Take” on Friday, “Varney & Co.” host Stuart Varney offered an alternative view of the U.S. economy pushing back against the perception it’s a “problem” in need

Elon Musk warns of ‘tough sledding’ for US economy until next year

Billionaire Elon Musk warned of a difficult slog for the U.S. economy over the next year after recent turmoil within the banking system reignited fears over an imminent recession. “Tough