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The AI data-labeling company is laying off 200 full-time employees and will stop working with 500 contractors.
Early trading on Wall Street was quietly mixed as markets shift their attention toward a deluge of corporate earnings reports while monitoring ever-changing developments on U.S. trade policy. Futures ...
Top News Why the June CPI Isn't a Gamechanger for the Fed The June inflation data is likely to keep Federal Reserve officials cautious , open to cutting interest rates later this year without ...
Thyssenkrupp and trade union IG Metall on Saturday said they had agreed on reduced working hours, lower bonus payments and ...
President Trump has many qualities. Patience isn’t one of them. After Wednesday’s ADP employment report surprised economists with just one-third as many private-sector jobs created as forecast ...
Investors continued piling into risk assets while shrugging off worries around the latest in trade developments.
Indeed is cutting 6% of its global workforce as part of an artificial intelligence-driven consolidation, becoming the latest big tech company to reduce jobs due to advancements in AI. The impact in ...
Dow will start seeing a boost to profitability from the shutdowns in 2026. The stock has dropped 32.4% in 2025, making it the Materials Select Sector SPDR ETF's XLB worst performing component over ...
The strong jobs report also spurred a spike in Treasury yields and reduced expectations for the Federal Reserve to cut ...
Microsoft initiates its largest layoff since 2023, cutting 9,100 jobs (4% of workforce) to fund its massive strategic pivot to artificial intelligence.
"One of the reasons the Fed has been able to be patient before cutting rates was because the job market was holding up so well, so if that were to change then the Fed may be forced to move earlier ...
Reports and rumors of massive layoffs at Xbox have been building since late last month, and the first blood has now been spilled. Bloomberg reports that Candy Crush maker King is cutting 200 ...
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