Sacramento Employment

Business

From Paycheck to Portfolio: The Financial and Emotional Leap to Full-Time Real Estate Investing

A wave of experienced investors on Reddit are sharing the pivotal financial and psychological benchmarks that convinced them to leave their W2 jobs behind. The consensus? It's less about net worth and more about sustainable cash flow, strategic planning, and navigating hidden hurdles like financing and healthcare.

Feb 2, 2026

Business

Amazon's Latest Workforce Reduction Hits Seattle Hard: Over 2,000 Local Jobs Cut

Amazon's ongoing corporate restructuring has resulted in significant layoffs across its Seattle-area headquarters, with software engineers among the most affected roles, as the tech giant continues to streamline operations and invest in AI.

Feb 2, 2026

Business

U.S. Manufacturing Roars Back: ISM Index Signals First Expansion in a Year, Price Pressures Linger

The U.S. manufacturing sector snapped a year-long contraction in January, with two key surveys pointing to a sharp rebound in production and new orders. However, the recovery comes alongside heightened input costs and lingering concerns over tariffs and inventory build-up.

Feb 2, 2026

World

Costa Rica Elects Laura Fernandez in First-Round Presidential Victory, Securing Continuity

Political scientist Laura Fernandez Delgado has won Costa Rica's presidency outright in the first round, becoming the nation's second female leader and pledging to deepen the economic policies of the outgoing administration amid challenges of crime and a divided legislature.

Feb 2, 2026

Business

Warsh's Fed Dilemma: Navigating Growth, Inflation, and a Faltering Labor Market

If confirmed, incoming Fed Chair Kevin Warsh will inherit a booming yet bifurcated economy. Despite strong GDP growth and a surging stock market, stagnant hiring and sinking consumer confidence present a policy puzzle where interest rate cuts may offer no easy fix.

Feb 2, 2026

Business

Grant Cardone Dismisses Credit Scores as a 'Debt Trap,' Advocates for Asset-Based Wealth Building

Real estate mogul Grant Cardone has ignited a fierce debate by labeling credit scores a system designed to perpetuate debt, arguing true wealth is built on assets that bypass traditional credit checks. The controversial claim has drawn both support from anti-debt figures and sharp criticism from those who see it as out-of-touch advice for the average earner.

Feb 2, 2026

Business

France Slaps Uber with $2 Billion Tax Bill in Landmark Gig Economy Clash

French authorities have demanded 1.7 billion euros from Uber for unpaid payroll taxes, alleging the ride-hailing giant misclassified drivers as independent contractors to avoid employer obligations, a report reveals.

Feb 2, 2026

Home Depot Faces Class-Action Probe Over Georgia Layoffs, Alleged WARN Act Violations

An Atlanta law firm is investigating Home Depot's planned layoff of nearly 800 Georgia workers, exploring a potential class-action lawsuit over whether the company violated federal notification laws.

Feb 2, 2026

Business

Wells Fargo CEO's Pay Soars to $40 Million as Bank Emerges from Regulatory Shadow

Wells Fargo's board has approved a 28% compensation increase for CEO Charlie Scharf, bringing his total package to $40 million for the past year. The move comes as the bank marks a pivotal turnaround, with major federal penalties lifted and its transformation under Scharf's leadership cited as justification for the raise.

Feb 2, 2026

Business

Sweetgreen Sees Price Target Boost Amid Broader Restaurant Sector Optimism

Goldman Sachs raises Sweetgreen's price target to $5.60, citing policy tailwinds for consumer spending, even as it maintains a Sell rating. The salad chain's expansion and strong revenue growth continue to draw investor attention.

Feb 2, 2026

Business

Markets Weigh Warsh's Fed Nomination: A Mix of Praise, Skepticism, and Political Scrutiny

President Trump's nomination of former Fed Governor Kevin Warsh to lead the central bank has drawn swift and varied reactions from economists and Wall Street figures, highlighting debates over his policy views, independence, and the future of monetary policy.

Feb 2, 2026

Business

Fed Chair Contender Kevin Warsh Faces Defining Test: Preserving Central Bank Independence Amid Political Pressure

As speculation mounts over the next Federal Reserve leadership, top economists point to Kevin Warsh's crisis-era experience as a strength, but warn his legacy will hinge on a single, monumental challenge: shielding interest-rate policy from political influence.

Feb 2, 2026

Business

Tax Traps: The Common and Costly Errors Plaguing Middle-Class Filers

Tax professionals warn that routine oversights in retirement planning, side income reporting, and credit claims are eroding the financial health of middle-income households, with new rules making a review more urgent than ever.

Feb 2, 2026

Business

The IRS's New Digital Dragnet: Why Your Side Hustle Income Is Now on Its Radar

Fueled by new funding and AI-powered tools, the Internal Revenue Service is intensifying its scrutiny of gig economy and freelance income, making even small earnings reportable. Here’s what you need to know to stay compliant.

Feb 2, 2026

Business

Markets Edge Lower Ahead of Key Labor Data, Earnings Deluge

U.S. stock futures pointed to a lower open Monday as investors braced for a flood of corporate earnings and crucial labor market reports that could sway Federal Reserve policy expectations.

Feb 2, 2026

Business

London's Historic Ibex House to Become Art Deco Hotel After Planning Nod

A Dominus and Cheyne Capital partnership wins City of London approval to convert the Grade II-listed Ibex House into a 382-room hotel, slated for a late 2028 opening, complete with a hospitality academy and restored pub.

Feb 2, 2026

Business

Amazon's Latest Layoffs Signal a New Corporate Era: From Distress to Strategic Discipline

Amazon's recent workforce reductions, bringing total corporate cuts to 30,000, reflect a broader shift in how layoffs are perceived. No longer framed as a sign of failure, they are increasingly presented as a strategic, forward-looking move to streamline operations and focus on priorities like AI, a narrative that resonates with investors despite the human impact.

Feb 2, 2026

Business

Insider Confidence: Three High-Growth Stocks Where Leadership Has Skin in the Game

Amid a resilient but mixed market, companies with significant insider ownership are drawing investor attention. We examine three firms—spanning crypto, consumer staples, and finance—where management's substantial equity stakes align with ambitious earnings growth forecasts of up to 124%.

Feb 2, 2026

Business

Bloomberg Strategist Warns of 2008-Style Market Unwind, Sees Bitcoin Plunging to $10,000

A hawkish Fed nominee and geopolitical tensions trigger a broad market sell-off, with one analyst forecasting an 87% collapse in Bitcoin from current levels.

Feb 2, 2026

Business

The High Cost of Low Scores: Homebuyers in These 5 States Face Steeper Mortgage Payments

A new analysis reveals a stark geographic divide in credit health, with residents in several Southern states facing higher long-term mortgage costs due to lower average credit scores, while Northern states benefit from more favorable rates.

Feb 2, 2026