What to know about severance pay amid high-profile layoffs

(NEW YORK) -- Continued recession fears and a cascade of tech industry layoffs have drawn renewed attention to severance packages, the compensation offered to some departing employees.Severance packages, which range widely in size and duration, offer newly unemployed workers a financial buffer as they... Read More.

US economy grew at end of 2022, defying recession fears

(WASHINGTON) -- The U.S. economy grew robustly at the end of last year, defying recession fears and weathering an aggressive series of interest rate hikes from the Federal Reserve, government data showed.U.S. gross domestic product grew by a 2.9% annualized rate over the three... Read More.

GDP data to show economic health amid recession fears

(WASHINGTON) -- Investors, business leaders and everyday Americans will be keeping a close watch on the release of gross domestic product data on Thursday, as inflation eases but recession fears still loom.The data for the final three months of 2022 will show whether the... Read More.