Headlines
Financial TimesVW to shift from cars to missile defence in deal with Israel’s Iron Dome makerFinancial TimesArm launches own AI chip in high-stakes strategy shiftBloomberg MarketsSix Dubai Real Estate Bonds Fall Into Distress as War Rolls OnBloomberg MarketsEnbridge CEO on Oil Demand, Infrastructure and Iran War ImpactBloomberg MarketsEstée Lauder in Talks to Buy Puig to Create Beauty GiantBloomberg MarketsAres, Apollo Cap Private Credit Fund Withdrawals as Exodus GrowsBloomberg MarketsCanada Pushes Shipping More Gas to US for Gulf Coast LNG ExportsBloomberg MarketsShell Boss Warns Europe Is Next After Asia Suffers Fuel SqueezeBloomberg MarketsFrench Inflation to Accelerate to 2% Next Month, Insee SaysBloomberg MarketsChevron Plans to Buy Oil From Sable for California RefineryBloomberg MarketsSoftware Stocks Drop on Report Amazon Is Developing New AI ToolsBloomberg MarketsUnited CEO Warns Fares May Have to Rise 20% to Cope With OilBloomberg MarketsTrump Says Talks With Iran Are Underway, as Airstrikes ContinueBloomberg MarketsKimmeridge’s Viviano on Iran War, LNG and Price VolatilityBloomberg MarketsConocoPhillips CEO Expects Crude Market to Flip Into ContangoFinancial TimesVW to shift from cars to missile defence in deal with Israel’s Iron Dome makerFinancial TimesArm launches own AI chip in high-stakes strategy shiftBloomberg MarketsSix Dubai Real Estate Bonds Fall Into Distress as War Rolls OnBloomberg MarketsEnbridge CEO on Oil Demand, Infrastructure and Iran War ImpactBloomberg MarketsEstée Lauder in Talks to Buy Puig to Create Beauty GiantBloomberg MarketsAres, Apollo Cap Private Credit Fund Withdrawals as Exodus GrowsBloomberg MarketsCanada Pushes Shipping More Gas to US for Gulf Coast LNG ExportsBloomberg MarketsShell Boss Warns Europe Is Next After Asia Suffers Fuel SqueezeBloomberg MarketsFrench Inflation to Accelerate to 2% Next Month, Insee SaysBloomberg MarketsChevron Plans to Buy Oil From Sable for California RefineryBloomberg MarketsSoftware Stocks Drop on Report Amazon Is Developing New AI ToolsBloomberg MarketsUnited CEO Warns Fares May Have to Rise 20% to Cope With OilBloomberg MarketsTrump Says Talks With Iran Are Underway, as Airstrikes ContinueBloomberg MarketsKimmeridge’s Viviano on Iran War, LNG and Price VolatilityBloomberg MarketsConocoPhillips CEO Expects Crude Market to Flip Into Contango
Home/CNBC Top News
Back
MARKETS:
SPY+0.26%
DIA+0.23%
QQQ-0.14%
IWM+0.29%
GLD-0.40%
USO+1.64%
CNBC Top Newsmarkets

Epic Games to cut more than 1,000 jobs as Fortnite usage falls

CNBC Top News
Tuesday, March 24, 2026 at 3:51 PM
~4 min read
Labor Market

Original Report

Epic Games said it would lay ​off ​more ​than 1,000 employees as it cuts ⁠costs ‌after a sharp fall ⁠in usage of its flagship game, Fortnite.

Glass House Analysis

Inflation is the silent tax that erodes purchasing power, hitting hardest those who can least afford it. When grocery bills rise faster than wages, families face impossible choices between food, medicine, and rent. Unlike market volatility that mainly affects investors, inflation touches everyone who buys groceries, fills a gas tank, or pays rent.

The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.

Enjoyed this analysis?

Get the Glass House Briefing every morning—market news that actually makes sense, delivered free to your inbox.

No spam. Unsubscribe anytime.

More Stories

Economic Context

S&P 500
+0.26%
Dow Jones
+0.23%
NASDAQ 100
-0.14%
Russell 2000
+0.29%