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Amazon slashes another 16,000 jobs

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Amazon said Wednesday it was slashing another 16,000 jobs across the company in an ongoing bid to restructure the sprawling trillion-dollar firm. ‘The reductions...

Warner Bros. Discovery rejects Paramount’s amended takeover offer

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Warner Bros. Discovery on Wednesday rejected Paramount Skydance’s amended takeover offer, the latest in a series of rejections in David Ellison’s pursuit of the...

U.S. Jobs Report: Nonfarm Payrolls Fall By 92k, Bitcoin Falls

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The February U.S. jobs report signals that the labor market remains weak, with nonfarm payrolls falling short of estimates by a wide margin while...

U.S. PCE Inflation Rises to 3-Year High, Bitcoin Slides

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U.S. PCE inflation has risen to a three-year high as the U.S.-Iran war continues to drive up prices. Bitcoin fell on the back of...

Trump administration cites forced labor concerns as grounds for new tariffs

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The Trump administration has proposed new tariffs of up to 12.5% on imports from 60 economies after determining they had failed to curb trade...