In other news, the article covers tech layoffs at companies that are financially stable, Gen Z's dissatisfaction with work, and issues with Paramount's Super Bowl livestream. It also mentions a crucial upcoming inflation report and the potential impact of the Russia-Ukraine conflict on the upcoming US presidential election.
Key takeaways:
- Vladimir Putin's recent successes in the geopolitical scene have complicated the US economy's attempts to avoid a recession.
- There are concerns over a potential crisis in commercial real estate due to the sector’s mountain of debt and the government’s “unsustainable fiscal path” when it comes to its lending.
- Tech companies are conducting layoffs despite being financially stable, with Grammarly recently announcing 230 job cuts.
- Gen Z workers are primarily focused on promotions and pay, with a growing dissatisfaction with work compared to other generations.