One concern: While AI might not be in a bubble that’s about to burst, there is genuine uncertainty about just how profitable every company with enormous aspirations is going to be — and whether the ...
The Federal Reserve on Wednesday announced its third interest rate cut of the year as policymakers moved forward with the cut to support the labor market despite elevated inflation. Fed policymakers ...
Employers have cut more than 1.1 million jobs through November, the most since 2020, when companies laid off 2.2 million workers as the pandemic was slamming the U.S. economy, according to a new ...
After a record-setting volume of job cuts in October, employers in November posted fewer layoffs. But reductions were 24% higher than a year ago and the highest since the COVID-19 pandemic – another ...
One move from JPMorgan has traders rethinking what comes next. JPMorgan just shifted gears on its Fed rate prediction. December rate-cut expectations have fluctuated, recently rising. A December cut ...
The Centers for Medicare and Medicaid Services on Tuesday announced lower prices on 15 costly prescription drugs under Medicare, including Ozempic and Wegovy. The price cuts come through the Medicare ...
A study found that NIH grant cuts under the Trump administration in 2025 have already led to the termination of 118 trials studying cancer, 97 studying infectious diseases and 140 testing new ...
Flight cuts are now in effect at 40 of the nation’s busiest airports. Major airlines have said international flights will not be reduced, but that doesn’t mean those travelers are off scot free. Many ...
The path for the U.S. stock market, which is trading near all-time highs, is probably higher after the Federal Reserve last week decided to lower its benchmark interest rate, according to LPL ...
Amazon will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence while cutting costs elsewhere. Teams and individuals impacted by the job cuts will ...
The layoffs do not affect Meta’s newest A.I. hires, who are in some cases being paid up to hundreds of millions of dollars. The cuts were focused on correcting an earlier hiring spree. By Mike Isaac ...
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