Existing home sales fall in December at slowest pace since 2010

Existing home sales fall in December at slowest pace since 2010

Homes in Rocklin, California, U.S., Tuesday, Dec. 6, 2022. A record number of homes are being delisted as sellers face a sharp drop in demand, according to real estate broker Redfin. David Paul Morris | Bloomberg | Getty Images Used home sales fell 1.5% in December from the previous month, according to the National Association … Read more

Google to lay off 12,000 people, says memo from CEO Sundar Pichai

Google to lay off 12,000 people, says memo from CEO Sundar Pichai

Google said on Friday it would lay off 12,000 of its workforce, adding to a slew of major US tech companies shedding jobs amid fears of a looming recession. Google CEO Sundar Pichai said in an email to company staff on Friday that the company would begin layoffs in the United States immediately. In other … Read more