Yahoo and Bank of America just let go of some top level officials. And while management may not feel layoffs as much as the average worker, hard times mean less job stability for executives too.
Reviewing the week's headlines on Wall Street. This week: the Federal Reserve announces it can do little more for the economy, while consumer confidence continues to drop.
Many experts attributed a good day on Wall Street yesterday to an upcoming speech by Federal Reserve chairman Ben Bernanke. But others say big market swings are harder to explain.