PepsiCo is eliminating hundreds of jobs in North American workforce, according to the Wall Street Journal.
Fewer Americans, including millionaires, feel confident about their financial standing.
“We need to see the unemployment rate go higher, while wages remain stable and we get meaningful layoffs in some industries,” Cramer said.
The CEO and other senior leaders at Adidas discussed the potential fallout from its relationship with Kanye West as far back as four years ago, one report said.
Donald Trump is under criminal investigation by the DOJ in connection with efforts to remain in the White House after losing to President Joe Biden.
The company said it has identified less than $300,000 of customer funds that were affected by unusual activity.