While Wall Street may question the real value of social media companies like Facebook, there is no denying that social sites are driving major growth in social commerce, said Kevin Hartz, the Eventbrite co-Founder and CEO.
Despite the disappointing March jobs report and an expected slowdown in growth, the overall data have been encouraging, Goldman Sachs economist Jan Hatzius told CNBC.
Mirroring the broader economy, small-business owners' plans to hire are taking a "dive" as owners remain pessimistic and see little reason for new jobs.