GDP Grew at 2.4% Rate in Q2 as US Economy Stayed on Track
Posted inBuilding (Construction) Commerce Department Consumer Behavior Factories and Manufacturing Federal Reserve System Gross Domestic Product Inflation (Economics) Interest Rates Real Estate and Housing (Residential) Recession and Depression United States Economy

GDP Grew at 2.4% Rate in Q2 as US Economy Stayed on Track

The reading on gross domestic product was bolstered by consumer spending, showing that recession forecasts early in the year were premature, at least.
Tech Firms Once Powered New York’s Economy. Now They’re Scaling Back.
Posted inComputers and the Internet Coronavirus (2019-nCoV) Google Inc Labor and Jobs Landlords Layoffs and Job Reductions Meta Platforms Inc Microsoft Corp New York City Real Estate (Commercial) Real Estate and Housing (Residential) Salesforce.com Inc Shutdowns (Institutional) Silicon Valley (Calif) Spotify Telecommuting Union Square Ventures Wilson, Fred (1961- )

Tech Firms Once Powered New York’s Economy. Now They’re Scaling Back.

After years of steady growth, many technology companies are laying off workers and giving up millions of square feet of office space in the city.