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Elon Musk reduces his federal budget cut target from $2 trillion to $1 trillion, highlighting challenges in government spending and efficiency.
The Bank of Mexico may implement larger interest rate cuts as inflation eases, according to recent minutes from its monetary policy meeting.
A new survey indicates that 41% of companies plan to reduce their workforce due to advances in AI technology over the next five years.
Elon Musk admits the goal of cutting $2 trillion from the federal budget under Trump is challenging, but aims for $1 trillion.
Job cuts reached a 15-year peak in 2024, with major declines in technology, healthcare, and automotive sectors amid economic uncertainties.
UK firms anticipate raising prices and cutting jobs following increased social security contributions, as indicated by a recent Bank of England survey.
Boston Fed President Susan Collins supports fewer rate cuts in 2025 due to positive employment figures and persistent inflation.
Global banks may reduce up to 200,000 jobs in the coming years as AI increasingly automates tasks traditionally performed by humans.
L.A. Mayor Karen Bass under scrutiny for fire response after awkward airport moment amidst ongoing wildfires threatening the city.
Sanjiv Puri from CII proposes tax cuts and increased government spending to enhance consumption and stimulate economic growth amid challenges.
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