A house price slump is coming. Rising unemployment could make it much worse | CNN Business

London CNN Business  —  Last year, Auckland’s largest real estate company couldn’t sell properties quickly enough…

Unemployment claims rise to 240,000, highest since August

The number of Americans applying for unemployment benefits rose to the highest level since August, although…

Twitter Africa employees accuse Elon Musk of discrimination over severance terms | CNN Business

CNN Business  —  Laid-off employees at Twitter’s Africa headquarters are accusing Twitter of “deliberately and recklessly…

Fed officials crushed investors’ hopes this week | CNN Business

New York CNN Business  —  Investors sleuthing for clues about what the Federal Reserve will decide…

Airbnb CEO on the tech downturn: ‘It’s like we’re all in a nightclub and the lights just came on’ | CNN Business

CNN  —  After years of seemingly unstoppable growth, the tech industry is now facing the “ultimate…

Disney plans to freeze hiring and cut jobs, memo shows | CNN Business

Disney (DIS) is planning to freeze hiring and cut some jobs as it strives to move…

This oil refiner is cutting 1,100 jobs — and giving billions of dollars to its shareholders | CNN Business

New York CNN  —  Phillips 66 is cutting at least 1,100 jobs by the end of…

Layoffs could weaken Twitter in its biggest global growth markets | CNN Business

New Delhi CNN Business  —  It’s less than two weeks since Elon Musk completed his acquisition…

Wall Street Journal: Meta is planning significant layoffs | CNN Business

CNN Business  —  Facebook-parent Meta is planning the first significant layoffs in its history as the…

ILO: Global employment growth will ‘deteriorate significantly’ in Q4 of 2022

On Monday, the International Labour Organisation (ILO) in the 10th edition of its monitoring report on…