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Cheap Oil Is Being Blamed For 200,000 Job Cuts
Friday, August 5, 2016 - 11:31am | 307Oil prices staged a brief rebound for part of 2016, but have been in a bearish trend since June. After topping $50 per barrel in June, WTI crude is now flirting with the $40 per barrel mark and were seen trading below its 200-day moving average. Oil bulls aren't the only ones worried about...
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Challenger Sees Job Cuts Slowing In November
Thursday, December 4, 2014 - 1:20pm | 290Outplacement firm Challenger, Gray & Christmas announced Thursday that downsizing activity by U.S.-based employers declined by 30 percent in November, with 35,940 planned job cuts announced. The report comes amid the release of initial jobless claims for the last week of November at 297,000...