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PPI shows the economy isn’t getting a fairytale ending
The recent Producer Price Index data indicates increased economic challenges, suggesting that expectations for September rate reductions may need to be reconsidered based on curren...
Read Full Article →Fed rates are going nowhere fast
The current economic indicators do not provide sufficient reason for the central bank to reduce interest rates, suggesting that borrowing costs are expected to remain stable in the...
Read Full Article →Microsoft laying off about 9,000 employees in latest round of cuts
Despite exceeding revenue and profit forecasts, Microsoft is reducing its workforce by approximately 9,000 positions to optimize operations and respond to shifting business priorit...
Read Full Article →Microsoft to lay off 9,000 workers in second major wave of cuts this year
Despite experiencing strong revenue growth, the company is reducing its workforce by approximately 15,000 employees this year, reflecting a significant adjustment in operational ex...
Read Full Article →Plans to help benefits recipients into work 'a mess', say DWP officials
Officials have expressed concerns that the current approach to supporting individuals impacted by benefits reductions into employment may lack sufficient planning, potentially affe...
Read Full Article →Bank of England expected to hold interest rates at 4.25%
Market observers anticipate that the central bank will maintain the current borrowing cost level temporarily, which could influence lending rates and economic activity before any p...
Read Full Article →PBS, NPR funding on the line as House nears final vote on $9.4 billion in DOGE-backed cuts
The upcoming House vote on a proposal involving $9.4 billion in reductions supported by DOGE-related measures could impact funding for public media organizations amid mixed reactio...
Read Full Article →The $23 billion question: Can our banks sustain their rivers of gold?
Investors value the steady income from bank dividends, yet analysts warn that sustaining these payouts may become increasingly difficult as financial pressures mount within the ind...
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