Amazon announces layoffs affecting 2,303 employees, primarily impacting software engineers in Washington. The move reflects a shift in tech jobs as AI tools reshape the industry. Are you at risk?
The Federal Reserve's recent decision to lower interest rates below 4% has ignited a fierce debate among officials, highlighting economic challenges and potential risks as the government shutdown looms.
As the Federal Reserve prepares to announce a quarter-point interest rate cut, investors are left wondering about the future of the economy. With inflation rising and job growth slowing, Fed Chair Jerome Powell faces tough decisions ahead.
The job market is undergoing a significant shift as major companies like Amazon and UPS announce thousands of layoffs, raising concerns about job security and economic stability. Experts warn that this could mark the end of the 'no hire, no fire' era.
In a surprising move, Amazon is set to lay off up to 30,000 corporate workers as part of cost-cutting measures. This could be one of the largest layoffs in recent months, following aggressive hiring during the pandemic.
As the government shutdown stretches on, federal workers fear they might not receive retroactive pay. Legal experts weigh in on the implications for furloughed and excepted employees amidst uncertainty.
In a surprising turn of events, Meta has announced the layoff of 600 employees from its AI division, sparking discussions about the future of its AI initiatives. Learn more about this significant workforce reduction and its implications.
As the government shutdown stretches on, federal workers like Summer Kerksick are turning to food banks for help. With no paycheck and bills piling up, the demand for assistance has surged dramatically.
In a surprising turn, the Treasuries market has seen a significant rally, with benchmark yields dropping to their lowest in months due to heightened concerns over regional banks and a delayed US government shutdown.
In a controversial move, the Trump administration has initiated layoffs of federal workers during the ongoing government shutdown, a tactic previously threatened by the President. This decision raises questions about the future of the federal workforce.
