The Bureau of Labor Statistics jobs report released Friday found the U.S. unemployment rate fell to 3.4%, a 53-year low, compared with an estimate of 3.6%.
The EV tax credit change follows Tesla CEO Elon Musk publicly criticizing the former standards as well as GM and Ford lobbying to adjust the guidelines.
Recent layoffs represent a small fraction of the tech workforce — and many tech workers who lost their jobs are finding new roles quickly in a tight job market.
Despite Amazon's mixed fourth-quarter earnings report, analysts were encouraged by the company's potential for long-term growth and efforts to tame expenses.
Inflation and higher interest rates boosted credit card debt to a record $930.6 billion at the end of 2022, a 18.5% jump from a year earlier, TransUnion found.
Shares of India's Adani Enterprises have plummeted over the past week after the publication of an extensive critical report from U.S. short-seller Hindenburg Research.