Microsoft Braces for January Layoffs: Reports Suggest Up to 22,000 Jobs at Risk
Anonymous reports indicate Microsoft is preparing for significant workforce reductions starting January 18, potentially affecting 5-10% of its global workforce.
1371 articles found for "investing"
Fifth Third-Comerica $11 Billion Merger Clears Final Hurdle, Creating America's 9th Largest Bank
Fifth Third Bancorp received Federal Reserve approval for its $10.9 billion acquisition of Comerica, creating a regional banking powerhouse with $290 billion in assets.
Riot Platforms Secures $311 Million AMD Data Center Deal as Bitcoin Miner Pivots to AI Infrastructure
Riot Platforms stock surged 16% after announcing a landmark $311 million data center lease with AMD at its Rockdale facility, signaling a major pivot from cryptocurrency mining to AI infrastructure.
China's Economic Crossroads: Why Monday's Q4 GDP Data Could Reshape Global Investor Sentiment
With economists expecting China's Q4 growth to slow to 4.4%, the weakest pace in three years, Monday's GDP release could trigger market reassessments of the global economic outlook.
Amazon's $100 Billion AI Bet Comes with a Human Cost: 14,000 Jobs on the Chopping Block
Amazon announced plans to eliminate up to 14,000 corporate jobs as it redirects resources toward a $100 billion AI infrastructure investment over the next decade.
US Bancorp's $1 Billion BTIG Acquisition: The Regional Bank Making a Play for Wall Street
US Bancorp announced a definitive agreement to acquire boutique investment bank BTIG for up to $1 billion, signaling regional banks' renewed ambitions in capital markets.
Jamie Dimon Leads Wall Street's Defense of Jerome Powell as DOJ Investigation Threatens Fed Independence
JPMorgan's CEO joins former Fed chairs and Treasury secretaries in defending Powell against the DOJ criminal probe, warning that undermining Fed independence could backfire.
Congress Races Against January 30 Deadline as Nine Spending Bills Remain Unfunded
With only two weeks until a potential government shutdown, Congress has passed just three of twelve appropriations bills. Here's what investors need to know about the funding fight.
Treasury Yields Retreat from 4-Month Highs as Markets Digest Mixed Economic Signals
The 10-year Treasury yield pulled back from 4.2% to 4.17% as investors weigh softer-than-expected inflation data against persistent economic uncertainty.
The Week Ahead: 35 S&P 500 Companies Report as Markets Eye Critical Economic Data
Markets face a packed week with 35 S&P 500 earnings reports, key economic data including PCE inflation, and all of it compressed into four trading days.
Natural Gas Plunges to 13-Week Low After Storage Draw Misses Expectations by Wide Margin
Natural gas futures dropped below $3.10 per MMBtu, the weakest level in 13 weeks, after storage data showed a withdrawal far below market expectations.
Trump's Friday Bombshell: Hassett Stays at White House as Warsh Becomes Fed Chair Frontrunner
President Trump's Friday remarks upend the Fed chair race, with the president saying he'd rather keep Kevin Hassett at the White House. Kevin Warsh now leads prediction markets.