However, it may be the last rate cut for a while. In a post-meeting news conference, Chair Jerome Powell said additional rate cuts will be tougher to justify, frequently stressing that central bankers ...

MUNICH, Nov 26 (Reuters) - German insurance group Allianz plans to cut up to 1,800 jobs in its travel insurance division, mainly in call centres, as artificial intelligence increasingly replaces ...

HP announced Tuesday that it plans to cut between 4,000 and 6,000 employees by the end of 2028 as part of its push to adopt artificial intelligence. The potential layoffs at the Palo Alto, ...

HP Inc said on Tuesday it expects to cut between 4,000 and 6,000 jobs globally by fiscal 2028 as part of a plan to streamline operations and adopt artificial intelligence to speed up product ...

Verizon is set to cut at least 15,000 jobs and convert 180 stores into franchises, marking its largest downsizing ever, according to reports from Reuters, the Wall Street Journal and Bloomberg on ...

Federal Reserve rate cut odds for December have fallen to near coin toss levels, signaling rising uncertainty among investors ahead of the Dec. 10 meeting, according to data source CME's FedWatch tool ...

The Federal Aviation Administration will begin cutting the number of flights in the "high traffic" parts of the country as the government shutdown grinds on and local airports have reported staffing ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Sabrina Karl has over two decades of experience writing about savings, CDs, and ...

(NEXSTAR) – Unless something changes dramatically in the next couple days, more than 40 million Americans are preparing to have federal food assistance cut off starting Saturday. The Supplemental ...

“What we need to remember is that the world is changing quickly." Amazon has announced that it will cut an estimated 14,000 jobs from its corporate workforce as it focuses on “reducing bureaucracy, ...

Amazon plans sweeping job cuts of up to 30,000 across its logistics, payments, video games, and cloud computing divisions. It would be the tech giant’s largest workforce reduction since 2022-2023, ...