STOCK MARKET NEWS: Bed Bath & Beyond’s grave warning, Amazon job cuts, Walgreen’s earnings

Amazon said Wednesday that it will be cutting about 18,000 positions, the largest amount of layoffs in the company’s history.Amazon's global workforce has 1.5 million employees.A busy morning of economic data coming up Thursday with jobs being a major focus over the next two days.

That 150,000 forecast is less than the 200,000 nonfarm jobs that the Labor Department is expected to say the economy added in December. That comes out Friday morning. Continuing claims, which track the total number of workers collecting unemployment benefits, are expected to slip to 1.708 million, down slightly from a more-than 10-month high the prior week.for November. The monthly deficit in goods and services is expected to narrow to $73.0 billion.The S&P Global’s final services PMI for December will be released. The preliminary reading of 44.

Households still have to buy Utilities.

Thank you uncle Joe 😒

Being destroyed by Unions!They force contracts with GM, Chrysler, Ford that you can not lay off a Union Thug! They have supply issues! Solution - keep manufacturing incomplete vehicles! Ford has 40,000 vehicles parked and just lost $1,009,000,000! No Layoffs? No Dimm Bailouts!

Yeah! Why don’t you call out King Biden! On his own, with massive bribes, gifted mobster(Teamster) pension plan $36,000,000,000!

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