It has been a year of layoffs. The year 2025 has been marked by sweeping layoffs across the global technology sector, with companies large and small announcing deep job cuts as they grapple with overexpansion, cost pressures, and the growing shift toward artificial intelligence. At least more than 112,000 employees have been laid off so
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799The conservative movement has found itself in a season of confusion in recent weeks. Former friends quarrel, familiar institutions are in turmoil, and some voices, both new and old, on the right have begun to wonder aloud whether the United States should still stand with Israel. That question deserves a resolute answer, and the answer
637A U.S. citizen jailed in Saudi Arabia for criticizing the royal family online was freed Wednesday by Saudi authorities, ending a four-year ordeal in the country, according to media reports. Saad Almadi’s release came just a day after President Donald Trump met with Crown Prince Mohammed bin Salman in Washington, D.C., per the New York
748JPMorgan strategists issued a stark warning this week: MicroStrategy risks exclusion from major equity indexes, potentially triggering a cascade of forced selling that could drain nearly $9 billion in passive fund holdings. The culprit isn’t business weakness; it’s the company’s extraordinary Bitcoin holdings, which now dominate its balance sheet and have prompted global index providers
829Investing.com – The US dollar has been on a tear since its late-September 2024 lows, and UBS thinks this near-term strength is likely to persist in the first half of the new year, with room to overshoot. At 06:15 ET (11:15 GMT), the Dollar Index, which tracks the greenback against a basket of six other
576A bid by Rep. Nancy Mace, R-S.C., to force a censure of her fellow House Republican and remove his committee assignments failed on Wednesday night. Mace introduced a censure resolution against Rep. Cory Mills, R-Fla., earlier in the day, accusing him of stolen valor among other alleged improprieties. Mills rose in his own defense on
751The House of Representatives unanimously voted against a provision that allows Republican senators whose phone records were seized by former Special Counsel Jack Smith to sue the federal government. The provision was included in the recently passed bill to end the 43-day government shutdown, which President Donald Trump signed into law last week. Despite supporters
750Investing.com — The British pound may see a boost if U.K. Treasury chief Rachel Reeves’ speech about potential new measures to stimulate economic growth is favorably received. This prediction comes from analysts at Monex Europe, who shared their thoughts in a recent note, the Wall Street Journal reported. Reeves is slated to reveal a series
0.9KPresident Donald Trump has given his approval for the CIA to carry out covert operations within Venezuela, The New York Times reported Tuesday. The report comes after the U.S. deployed USS Gerald Ford, America’s largest aircraft carrier, to the Caribbean. Citing multiple people briefed on the matter, the Times reported that the covert operations could
686Investing.com – The US dollar slipped lower Monday, rebounding after recent losses as attention returned to the potential for trade tariffs from the Trump administration at the start of a week in which the Federal Reserve holds a policy-setting meeting. At 04:35 ET (09:35 GMT), the Dollar Index, which tracks the greenback against a basket
