Browsing: Business
Amidst a major industry shift, tech giants like Amazon, Google, and Duolingo are initiating large-scale layoffs. Discover the underlying reasons and implications of these workforce reductions.
Stocks see a slight uptick with the start of earnings season, as the Dow drops slightly, S&P 500 and Nasdaq gain, amidst inflation data.
Turkish lira hits record low against U.S. dollar: Exchange rate at 30.005, a 37% yearly decline amidst double-digit inflation in Turkey.
Market focuses on U.S. Treasury yields ahead of key inflation data influencing Federal Reserve’s rate decisions.
In 2023, consumer spending remained robust despite ongoing inflation and rising interest rates, marking a significant trend in the economy.
Unity Software, a gaming technology company, announced the termination of 1,800 jobs, representing 25% of its workforce.
In a major development for India’s energy sector, ONGC has commenced oil production from the Krishna Godavari basin in the Bay of Bengal.
In a report by LendingTree, the economic landscape for 2024 is meticulously analyzed, offering insights into the American economy.
In a significant shift for the financial markets, Dow futures experienced a notable decline, pointing to a potential end to the S&P 500’s nine-week winning streak.
The United States has reached a new fiscal milestone, with its national debt surpassing $34 trillion, as reported by the Treasury Department.