Becker Business of Accounting Podcast

Becker Business of Accounting Podcast


14 Stories We Are Following This AM 1-20-23

January 20, 2023

In this episoe Scott Becker discusses:

The markets fell again yesterday. Futures are flat this AM. New jobless claims came in low at 190,000. Google announced job cuts of 12,000 people, 6% of its workforce. Progressive lawmakers in blue states are pushing in a coordinated way to raises taxes on the wealthy. Jamie Dimon the well-regarded CEO of JP Morgan made $34 million last year. Reid Hastings the noted founder of Netflix is moving to the role of Executive Chairman from Co-Ceo. Crypto lender Genesis files for bankruptcy. Bank profits were largely up year over year this past quarter, but investment bank profits were way down.

And more!