Paramount Slashes 3.5% of US Workforce in Latest Cuts
Paramount Global will lay off 3.5% of its U.S. staff, expanding its workforce reductions as the company contends with shrinking...
Trump and Musk’s Public Feud Reaches New Heights
The former close bond between President Donald Trump and Elon Musk has ended in a spectacular fashion through their public...
Wall Street Rises as Oil Prices Jump and Manufacturing Sags
The stock market in the United States showed positive movement during Monday's trading session because rising oil prices counteracted negative...
Fed’s Waller Open to Rate Cuts if Inflation Slows Despite Tariffs
Federal Reserve Governor Christopher Waller said Monday that interest rate cuts remain possible later this year, even as President Donald...
EOG Resources Expands in Utica with $5.6 Billion Encino Deal
The acquisition of Encino Acquisition Partners by EOG Resources for $5.6 billion enables the company to expand its Utica shale...
IDC Slashes Smartphone Forecast as Tariff Uncertainty Hits Demand
International Data Corp predicts smartphone shipments will expand only 0.6% during 2025 instead of the initially forecasted 2.6% growth because...
Musk: Trump’s Spending Bill Undermines DOGE Cost-Saving Goals
Elon Musk has intensified his criticism of President Trump’s sweeping spending package, arguing the legislation undermines his own work cutting...
KFC Plans 7,000 New Jobs in UK, Ireland Expansion Push
The fried chicken market will witness an increase in KFC operations as the company plans to invest £1.5 billion across...
Stocks End Mixed as Debt Worries Keep Markets on Edge
The S&P 500 slipped 2.60 points, or less than 0.1%, closing at 5,842.01, while the Dow Jones Industrial Average dipped...
Retail Earnings Misses Drag U.S. Stocks Lower Again
U.S. stocks declined on Wednesday because major retailers reported disappointing earnings results which created market instability due to trade policy...
