Wall St. Braces for Powell, Cashin's Market Wisdom, Meta Layoffs Watch 3/7/23

Published: March 7, 2023, 3:48 p.m.

b'Carl Quintanilla, David Faber and Mike Santoli focused on what\'s at stake for the markets ahead of Tuesday\'s big event: Federal Reserve Chair Jerome Powell beginning the first of two days of testimony on the economy before Capitol Hill lawmakers -- starting with the Senate Banking Committee. Wall Street veteran Art Cashin of UBS offered his perspective on the Fed and the markets. Meta\'s "year of efficiency" in the spotlight: The parent of Facebook reportedly plans to implementanother round of layoffs. Also in focus: The push on\\xa0Capitol Hill for a U.S. ban of TikTok, shares of Dick\'s Sporting Goods jump on earnings, Eaton CEO Craig Arnold joined the anchors at Post 9 to discuss\\xa0the economy, energy and electric vehicle charging as the company celebrated its 100th anniversary of listing\\xa0at the NYSE.'