U.S. Companies Are Still Slashing Jobs to Reverse Pandemic Hiring Boom – WSJ
The new era of corporate cost-cutting is hitting American workers with full force. Big companies from Amazon.com to UPS are slashing jobs, looking to shrink...
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Bank of Canada Stands Pat on Rates, Warns of Heightened Uncertainty – WSJ
The Bank of Canada on Wednesday kept its policy rate unchanged at 2.25% for the second straight time, and warned that the level of uncertainty...
Elon Musk is betting Tesla’s future isn’t about cars at all – CNN
Tesla dominated the electric vehicle industry by the mid-2010s with sleek, fast cars that helped combat the public perception that EVs were severely limited by...
They’ve outsourced the worst parts of their jobs to tech. How you can do it, too – The Washington Post
Artificial intelligence is supposed to make your work easier. But figuring out how to use it effectively can be a challenge. Over the past several...
Americans Are the Ones Paying for Tariffs, Study Finds – WSJ
Americans, not foreigners, are bearing almost the entire cost of U.S. tariffs, according to new research that contradicts a key claim by President Trump and...
‘The dollar is losing credibility’: why central banks are scrambling for gold – The Guardian
Fifteen minutes after takeoff, the call came for Serbia’s central bank governor: millions of dollars’ worth of gold bars, destined for a high-security Belgrade vault,...
UK Firms Cut Jobs at Fastest Pace in Five Years, Wages Cool – Bloomberg
UK firms cut jobs at the fastest pace since 2020 and wage growth eased to its lowest in 3 1/2 years, more signs of a...
Global Business Leans on AI and M&A for Growth in Pre-Davos Poll – Bloomberg
Global business leaders are relying on new technologies and acquisitions to drive growth against a tense economic backdrop, according to an EY-Parthenon survey. Respondents in...
What a Break With Europe Means for the American Economy – WSJ
President Trump’s bid to annex Greenland and unleash tariffs on several European countries has plunged the trans-Atlantic alliance into crisis. If a trade war breaks...
AI’s impact on jobs is set to become more pronounced – The Financial Times
Ever since the launch of ChatGPT in 2022, doom-mongers have been predicting a jobs apocalypse. So far, the fears have proved premature: despite chief executives’...