The stock market dipped after a historic Fed rate cut. Here’s what the experts think
The Federal Reserve gave investors exactly what they said they wanted on Wednesday, slashing interest rates by an outsized 50…
Boeing furloughs thousands as no progress made to resolve strike
Boeing said on Wednesday it will temporarily furlough tens of thousands of employees after about 30,000 machinists went on strike…
Amazon Boosts Warehouse Worker Pay by at Least $1.50 an Hour
Amazon.com Inc. is raising the pay of its hourly warehouse workers by at least $1.50 an hour and adding Prime…
Japanese Share Sales Reach 20-Year High Despite Market Rout
Japanese companies have sold the most shares to the public in two decades, highlighting how not even an equity rout…
Cisco’s second layoff of 2024 affects thousands of employees
U.S. tech giant Cisco has let go of thousands of employees following its second layoff of 2024. The technology and…
Stocks Waver in Face of Debate on Size of Fed Cut: Markets Wrap
Stocks struggled for direction as a watchful tone spread across global markets before the Federal Reserve’s interest-rate decision. Traders are…
Intel Confirms $3 Billion Pentagon Chips Grant; Shares Gain
Intel Corp. said on Monday that it’s eligible to receive as much as $3 billion in US government funding to…
Russia’s oil revenue has plunged as global crude prices tumble
Russia’s oil revenue has plummeted as global crude prices fall. Oil sales dropped to $1.44 billion in the week ending…
Oil Steadies as Falling Libyan Exports Offset Weak Chinese Data
Oil steadied after its first weekly gain in a month as a drop in Libyan exports was offset by signs…
A Year Later, Unity Cancels Controversial Runtime Fees Completely
Unity is canceling its controversial Runtime Fee and returning to a more traditional subscription model for its popular video game…