Business
HP to cut about 6,000 jobs by 2028, ramps up AI efforts
HP SAID on Tuesday it expects to cut between 4,000 and 6,000 jobs globally by fiscal 2028 as part of a plan to streamline operations and…
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Cut
Business
US: Wall Street ends higher as Federal Reserve rate cut bets gather momentum
Wall Street extended its rally on Tuesday as a spate of economic data appeared to support the case for the US Federal Reserve to implement…
Business
Europe: Shares jump on Ukraine peace prospects, US rate cut hopes
EUROPEAN shares extended gains on Tuesday, led by materials and financial stocks, as investors continued to draw optimism from prospects…
News
Nearly Half the Country Sues Trump Over Massive Cut to Housing
“In the end I have a commitment to our constituents to fulfill my term,” Bacon told Axios, noting that he “shared anger” with House…
Business
ABN Amro to cut 5,200 jobs by 2028
ABN Amro Bank outlined a plan to cut 5,200 full-time roles by 2028 as new chief executive officer Marguerite Berard unveiled her vision…
Business
Philippines mulls rate cut to spur demand after scandal hit
The Philippine central bank will consider another reduction in the benchmark interest rate next month to help spur demand, its top…
News
Oil prices settle up 1% on bets Fed will cut US rates and doubts about Ukraine peace
Global brokerages remain split on whether the Fed will cut interest rates at its December meeting after last week’s mixed signals on job…
Business
US: Wall Street ends higher on tech rebound, rising rate cut bets
Wall Street stocks closed higher on Monday (Nov 24), extending on Friday’s rally as increased odds that the US Federal Reserve will lower…
Fashion
Telefonica to cut 5,000 jobs to slash costs, union says
The cuts, affecting about a fifth of the carrier’s Spanish workforce, will apply to three Telefónica units Spain’s largest…
Business
Investors eye holiday season turbulence amid AI and rate cut doubts
A crucial uncertainty set to dog markets in coming days is whether the Fed will cut rates at its Dec 9 to Dec 10 meeting Stock market…
Business
Thai central bank sees room for rate cut, wants a weaker baht
THAILAND’S newly-appointed central bank governor says the baht should be weaker to reflect economic fundamentals, and there is room to…
Business
US stocks jump on Fed rate cut bets but lose ground on the week
Wall Street stocks closed sharply higher on Friday (Nov 21) as rising expectations of a December interest rate cut by the Federal Reserve…
Business
Layoffs across sectors are raising worker anxiety. These companies have recently cut jobs
It’s a tough time to be looking for a job. Amid wider economic uncertainty, some analysts have said that businesses are at a “no-hire, no…
Business
US: Wall St opens higher as December rate cut bets strengthen
Wall Street’s main indexes opened higher on Friday (Nov 21) as traders raised bets on an interest rate cut by the Federal Reserve in…
Business
Stock market today: AI bubble fears, rate cut probability whipsaw ‘Mag 7’ tech giants. Here’s the latest
Thursday, November 20, ended up being a bit of a whirlwind for tech investors. The day started off on a positive note, with Nvidia’s…
Lifestyle
Designers Cut It Up on the Spring 2026 Runways
Spring 2026 is all about deconstruction, enhancing a sense of intimacy and romanticism. Seams come undone, linings are flipped inside out,…
Business
Many US Fed members were inclined against December interest rate cut: minutes
Fed Chair Jerome Powell said last month that a further reduction in December was “not a foregone conclusion” MANY US Federal Reserve…
Fashion
Nissan to cut more output at Kyushu plant on chip supply troubles
Japan’s Nissan will cut production by another 1,400 vehicles at its Kyushu plant next week, as the fallout from chip supply disruptions…
Business
US Fed official backs further rate cut due to weak job market
A KEY Federal Reserve official said Monday that he supports a third consecutive interest rate cut by the US central bank in December, as…
Business
Europe: Shares fall as US rate cut expectations wane; UK fiscal worries resurface
EUROPEAN shares fell on Friday (Nov 14), as hawkish commentary from US policymakers dampened expectations of an imminent interest rate…
Business
US: Wall Street tumbles as tech selloff extends, rate cut hopes fade
Wall Street’s main indexes dipped on Friday (Nov 14), driven by a renewed sell-off in technology stocks, while hawkish commentary from…
News
The Shutdown’s Over. Trump May Still Cut Food Stamps.
Trump now appears to see SNAP as a political threat. “We can reform SNAP, and I think we should,” Trump said on Monday night in a Fox News…
Business
Verizon to cut about 15,000 jobs as it restructures under new CEO
Verizon is planning to cut about 15,000 jobs in the telecommunications company’s largest-ever layoffs as part of a restructuring under its…
News
DHS says migrant enforcement surge has cut crime in Chicago
The Department of Homeland Security's surge to arrest and deport illegal immigrants in Chicago has led to a "historic" drop in major…