Good evening!

The moment you’ve all been waiting for is almost here (it rhymes with max reason).

Here are the 7 things you missed today:

1. 📉 Dow Dropped Nearly 700 Points Today

The Dow Jones traded nearly 700 points lower today after a new jobs report was released showing surpassed expectations and the Federal Reserve indicated that interest rate cuts may be postponed. Inflation is still a concern and is expected to stay high. (CNBC)

2. 💸 Save Your Company Thousands With This Simple Solution

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3. 💰 IRS Announces 2025 Tax Season Start

The 2025 tax filing season is approaching! January 27, to be exact, is the first day the IRS will accept and process individual tax returns for 2024. Most taxpayers must file and pay returns by April 15, but filers affected by natural disasters may have more time. (CNBC)

5. ❌ Meta is Ending Its DEI Programs

Meta announced to employees today that it plans to “end a number of internal programs designed to increase the company’s hiring of diverse candidates.” Among the changes, Meta’s ending the company’s “Diverse Slate Approach” for hiring as well as putting an end to its diversity supplier program, its equity and inclusion training programs, and disbanding its DEI team. (CNBC)

6. ✌️ Wayfair Cut Over 700 Jobs & Exit Germany

Budget-furniture seller Wayfair is shifting its focus toward physical retail stores and North American markets after cutting roughly 730 jobs and closing its German operations as scaling business in the country has proven too costly. (Quartz)

7. 🏢 Office Vacancies Hit a New High in 2024

Despite the return-to-office push from some of the country’s biggest companies, office spaces are still experiencing record-high vacancies with 20.4% of office space in the nation’s top 50 metro areas sitting empty as of Q4 of last year. (Quartz)

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