Why tech companies are laying off thousands of workers
Major technology companies have cut thousands of jobs since the start of 2024 as the rise of artificial intelligence (AI) and interest rates upend the tech sector. While the U.S. …
Major technology companies have cut thousands of jobs since the start of 2024 as the rise of artificial intelligence (AI) and interest rates upend the tech sector. While the U.S. …
Thursday will see a slew of earnings reports from companies including: Philip Morris International (PM), ConocoPhillips (COP), AstraZeneca (AZN), Take-Two Interactive (TTWO), Kellanova (K), and Pinterest (PINS). Richmond Federal Reserve …
In his 20 years in mortgage banking, no year has compared to 2023 in terms of difficulty, said Ben Cohen, Guaranteed Rate’s managing director and a top-producing loan officer. “This …
Federal Reserve Chair Jerome Powell urged the central bank’s forecasters Wednesday to remain flexible and “think outside” traditional economic models as they continue to offer projections for a post-pandemic economy …
The Federal Reserve is facing questions about its ability to tame one of the largest drivers of inflation: the cost of housing. Housing costs, measured as both rental costs within …
Applications for US unemployment benefits fell to their lowest level in eight months last week as businesses continue to retain workers despite elevated interest rates meant to cool the economy …
The top Federal Reserve official declined to say Thursday whether the central bank would raise interest rates again before the end of the year, but he said he was encouraged …
NEW DELHI: The United States mark the second Monday of October with a dual celebration — Indigenous Peoples’ Day and Columbus Day. Indigenous Peoples’ Day.Indigenous People’s Day is meant to …
The Federal Reserve can now be followed on Instagram and Threads. In a news release, the federal agency said it was creating accounts on the two Meta-owned social media platforms …
The Supreme Court agreed Friday to take up a case asking the Federal Reserve to lower the cap on debit card “swipe fees.” An amendment by Sen. Dick Durbin (D-Ill.) …