Microsoft Lays Off 9,000 Employees, Reducing Layers of Management for Agility
Microsoft lays off 9,000 employees to streamline management and boost efficiency across teams.
Jul 03, 2025 9:37 AM EDT
The Job Market Just Blinked — And It's Time To Pay Attention
A sharp drop in private-sector hiring sends a warning shot about the labor market. Tariffs and big policy shifts may be catching up.
Trump's Spending Bill Targets Electric Car Subsidies, Ends $7,500 Tax Credit
Trump's new spending bill could end the $7,500 electric vehicle tax credit by September 30, impacting car buyers and climate efforts.
Elon Musk Declares War on Donald Trump's Tax Bill, Calls for New Political Party
Elon Musk blasts Trump's $5T tax bill and calls for a new political party to fight government overspending.
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Oracle Stock Sees Promising Result Following Eye-Watering $30 Billion Cloud Services Deal
It is worth noting that Oracle has made significant inroads in the competitive cloud computing services market.
Jun 30, 2025 1:28 PM EDT
What The $3.3 Trillion Bill Means For Your Wallet And The Country
The legislation would cut taxes sharply for businesses while also offering new credits to companies that manufacture in the U.S. It would restructure income tax brackets, delivering the biggest gains to top earners.
Jun 30, 2025 9:05 AM EDT
Warren Buffett's $6 Billion Charity Gift Marks Largest Single-Year Donation of His Philanthropy
Warren Buffett donates $6 billion in Berkshire Hathaway stock to five foundations, marking his largest single-year charitable gift.
Jun 30, 2025 8:17 AM EDT
Why Is Coinbase Stock Soaring—Could COIN Stock's Lofty Target Signal a Crypto Boom?
Coinbase (COIN) soars with a £408 ($510) price target, fueled by stablecoin revenue and the GENIUS Act. Could this signal a £1.6 trillion crypto surge?
Jun 26, 2025 8:21 AM EDT
Social Security Trust Funds to Run Dry 1 Year Earlier Than Projected; Benefits to Drop by 19%
The Social Security Board of Trustees said in an annual report that Social Security Trust Funds, comprising Old-Age and Survivors Insurance and Disability Insurance, will have revenue to pay all scheduled benefits only until 2034, which is one year earlier than previous projections.
Jun 25, 2025 11:57 AM EDT
NBA Unanimously Approves Sale of Timberwolves and Lynx for $1.5 Billion
The NBA has approved the $1.5 billion sale of the Timberwolves and Lynx to Marc Lore and Alex Rodriguez, marking a new era for Minnesota basketball.
Jun 25, 2025 9:27 AM EDT
Financial Technologies: The Most Lucrative Segments Within the Industry
Over the past 10–15 years, fintech has grown from a niche industry to a powerful transformative driver in the global economy. Financial technologies have penetrated into many areas of human activity, and now they are all around us.
Jun 25, 2025 8:33 AM EDT
Amazon Unveils $54 Billion UK Investment Plan, Resulting in Thousands of Jobs Coming
Amazon announces a $54 billion UK investment plan, creating thousands of jobs and expanding its operations nationwide.
Jun 24, 2025 7:30 AM EDT
$1000 Monthly Stimulus Cheque Planned for the US in 2025? Who Qualifies and What's the Mechanism?
California's Abundant Birth Project offers £800 ($1000) monthly to pregnant women, tackling financial stress and improving birth outcomes. Learn who qualifies and how it works
Jun 20, 2025 12:23 PM EDT
Elon Musk's X Under EU Scrutiny Following $33 Billion xAI Deal
The EU is investigating Elon Musk's $33B xAI-X deal under the Digital Services Act, possibly leading to major fines.
Jun 20, 2025 9:09 AM EDT
Marjorie Taylor Greene Buys Stocks Focusing on Tech, Energy, and a Biotech Firm That Recently Received FDA Approval for HIV Drug
US Congress member Marjorie Taylor Greene purchased shares of Adobe, Netflix, Snowflake, ServiceNow, NextEra Energy, and Gilead Sciences on 6th June.
Jun 20, 2025 9:08 AM EDT
JPMorgan's Europe Boss Ditches London for New York as 4,400 Finance Chiefs Flee Labour's 'Punishing' Tax Blitz
Over 4,400 finance leaders are abandoning London for New York and beyond, with JPMorgan's Filippo Gori leading the charge. Is Labour's tax blitz killing the UK's financial hub?
Jun 18, 2025 10:17 AM EDT
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