DISCOVER FINANCE

You may have heard that over the past few years, some of the world’s largest tech giants have laid off tens of thousands of employees. Meta alone has eliminated almost 40,000 positions through multiple rounds of cuts. Other big names like Google, Amazon, and Microsoft have all announced major layoffs of their own. However, despite cuts, these companies still employ almost the same number of people as they did before the layoffs. So what’s the point? Originally, companies arg

Over the past several months, oil prices have been fluctuating wildly. Some days, reports of peace talks between Iran and the US send prices lower. Later, new attacks in the Strait of Hormuz push them right back up. This cycle has repeated itself so many times that investors are wondering why the market continues to react so strongly to new headlines. Part of the reason is that oil futures are not just investments; they are critical to the global economy. Shipping companies,

One of the most common places people learn about investing today is social media. A FINRA survey found that 61% of adults between 18 and 34 have made an investment decision based on advice that they received from a social media post. With financial content continuing to grow online, many regulators are becoming concerned about how investments are being promoted. A rising concern deals with influencers being paid to promote publicly traded companies without properly explainin

Last year, private equity had one of its biggest years ever, with many firms completing hundreds of billions of dollars in acquisitions and sales. At first glance, this looks like one of the most successful years for the industry. However, recent events reveal that the market may not be as healthy as the numbers suggest. Over the past few weeks, many warning signs have appeared. BlackRock, one of the largest asset managers, limited withdrawals from its private credit funds. A

Although vehicle sales have remained exceptionally strong, this year has been one of the roughest in decades for the world’s largest automakers. The most famous automakers like Toyota, General Motors, Ford, Volkswagen, Nissan, and Stellantis have all reported major profit declines. Furthermore, Honda posted its first annual loss in almost a century, and Porsche and Jaguar both had profits fall by about 99%. These losses come as a surprise, since global vehicle sales have grea