Reading, Writing, Writing, Rhythmicic, and Personal Finance.

I'm David Brancatrio in New York.

First, there's news Macy's will close 30% of its stores, 150 of them, with employees starting to get the word today.

Bloomingdale's and Blue Mercury Beauty products have the same corporate parent, and they

will add some stores, a new Macy's boss is trying new strategies.

Meanwhile, the travel site Expedia is cutting 1,500 positions, about 9%, as late pandemic

travel surge tapers down.

The corporate profits and revenue reports were getting this time of year also address hiring.

Economist Julia Coronado was founder and president of macro policy perspectives.

They do talk about what they're planning on doing with their workforce and what we're seeing

in this earning season is that there are a few more companies that are reporting that they're

going to lay off some workers across industries, but fewer companies are planning on hiring.

So they talk about their hiring intentions for the year, and even though the data data the official data haven't shown it

we have seen a slowdown in plans to add new workers companies are optimistic about

their profit prospects but part of that is being cautious and conservative on the hiring front.

And the Supreme Court heard arguments yesterday about challenges to laws in Texas and Florida that ban social media companies from curbing certain

points of view. The cases pit those states against the tech industry in the form of the lobby group

Net Choice. The states argue the laws are needed to stop social media platforms from discriminating against conservatives

but net choice says that barring discrimination based on political views would make the platforms

less attractive not just to users but to advertisers too.

Many of them have fled X the site formerly known as Twitter for its hands-off approach to hate speech under

Elon Musk who purchased the site two years ago. The tech lobby says it is a slippery

...