in the third quarter. prepandemic. maybe this is the best bad economy i can ever remember. yeah. thanks for having me. you re exactly right. the economy has been shockingly resilient despite all of the headwinds from inflation and i do think we are starting to see growing concerns on the personal finances front with additional consumer debt. there s a lot of sort of i think unaccounted for debt in the buy now pay later space. those are some of the concerns and some of the headwinds i think we re likely to face next year. buy now pay later, that s something we learned in the holiday shopping. more people starting to use. it s really good if you pay it off. if not it s a debt bomb. in the jobs market every morning we re getting a new tech layoff. the feds noted there are 1.7 jobs for every job seeker. the labor market is still very tight. maybe too tight. if we see 200,000 jobs added or
On Thursday, Amazon said it was shutting down the Amazon Academy platform in India that was launched early last year amid a boom in virtual learning during the COVID-19 pandemic.
Financial services technology provider, FIS (Fidelity National Information Services, Inc.) reportedly plans to cut “several thousand” staffers and contractors from a workforce that numbered about 65,000 at the end of last year.
The move comes after FIS shares have fallen 44% this year and after it was revealed that Stephanie Ferris, the company's current president, who wants to cut costs