'It was devastating': Inside the 'bloodbath' at 7-Eleven, where nearly 900 corporate jobs were just cut "People were crying and shocked — people who were total superstars last year," one employee said. "Stellar people were getting laid off." READ MORE Premium Home prices may be sliding, but 2 real estate experts with 35 years of collective experience explain why now is a 'very opportune time' for investors to purchase properties "This could be a very opportune time for you to not only buy a property, but to negotiate on your terms," said real estate expert Krystle Moore. READ MORE I toured a private jet for the first time — it had 7 beds and 2 bathrooms but didn't seem worth the $65 million price tag I got the opportunity to tour a private jet during Britain's hottest day on record. See inside the Qatar Executive Gulfstream G650ER. READ MORE Premium Inside the frenzy for private jets as the rich flock to European charters to avoid airline chaos Private jet supply is being squeezed as the wealthy are willing to pay skyrocketing prices for access in order to go abroad without losing their luggage. READ MORE An internal Facebook memo calls for managers to cut workers who fall short of Meta's 'increased intensity' Facebook's HR chief is the latest executive to lay out increasing expectations for employees and call for job cuts to workers who don't meet them. READ MORE Premium A portfolio manager who's crushing the S&P 500 breaks down why renewable energy stocks are poised to defy the bear market and win in the long run — and shares his 8 top picks Low costs, strong pricing power, resilient demand, and a structural shift toward clean energy have made renewable stocks very attractive, said Ecofin. READ MORE Mortgages, car loans, and credit card debt are about to get more expensive The Federal Reserve raised interest rates by another 0.75 percentage points on Wednesday. That's set to boost borrowing costs throughout the economy. READ MORE Premium Facebook faces a reckoning as advertisers slash spending and abandon the platform for the first time ever Digital ad sellers are having a bad year. But for Facebook parent Meta Platforms, the problem is worse — and it may be one it doesn't recover from. READ MORE Premium Leaked Walmart memo tells store managers to 'immediately' drop prices on summer items on the same day it slashed its profit outlook. Analysts and managers say it's not enough to combat bloated inventory. On the same day Walmart announced it expects profits to fall for the year due to inflation, it planned a new strategy to mitigate bloated inventories. READ MORE Premium 'The damage is likely to have already been done': A former IMF official says that substantial home price declines are coming in the US housing market as demand-crushing dynamics continue to put buyers on the sidelines The Fed is likely to "keep monetary policy tight, even if inflation peaks," says Desmond Lachman. This will continue to weigh on housing demand. READ MORE