'A tale of two economies.' Labor market continues to show signs of weakness as stock market climbs

It is time for money, power, politics, and the labor market is showing more signs of weakness. Consulting firm Challenger says layoff announcements have officially topped more than 1 million this year. That is the most since the 2020 pandemic, which was when we shut the economy off basically.But while millions of Americans are struggling to make ends meet, the ultra wealthy are doing better than ever. According to UBS, 2900 billionaires now control nearly 16 trillion dollars thanks to soaring tech valuation ...