The U.S. economy added 151,000 jobs in February, reflecting steady, if moderate, job growth amid economic uncertainty. However, the unemployment rate ticked up to 4.1%, and looming federal layoffs have …
Category:
Business
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Elon Musk’s newly established Department of Government Efficiency (DOGE) has launched a sweeping cost-cutting initiative across multiple federal agencies, aiming to streamline government operations and reduce excessive spending. However, the …
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American manufacturers are grappling with rising supply costs, as fresh tariffs and the potential for further trade restrictions drive up prices for key materials. The uncertainty surrounding U.S. trade policy …
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January 30, 2024 In a bold move to address the escalating costs associated with player salaries, the National Basketball Association (NBA) has announced a series of new salary cap regulations …
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January 27, 2024 The National Football League (NFL) has announced a groundbreaking initiative that will officially integrate sports betting into its regular season starting in 2024. This new move, marking …
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In a landmark decision emphasizing national security and economic protectionism, President Joe Biden has officially blocked Nippon Steel’s $14.9 billion acquisition of U.S. Steel. The move, announced on Friday, comes …
- Business
Capital One to Acquire Discover in Landmark $35.3 Billion Deal, Reshaping Credit Card Industry
In a bold move that could reshape the financial landscape, Capital One has announced its plan to acquire Discover Financial Services in a $35.3 billion all-stock deal, creating what would …
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Tech giant accused of favoring foreign workers over U.S. citizens Apple has agreed to a $25 million settlement with the U.S. Department of Justice (DOJ) following allegations that the company’s …
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Tech Giant Invests Heavily in AI Infrastructure to Strengthen Cloud Capabilities Microsoft is making a monumental $10 billion investment to expand its AI-driven data center infrastructure across the United States. …
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In a strategic shift, Ford and General Motors (GM) are scaling back their electric vehicle (EV) production plans, citing weaker-than-expected consumer demand and persistent supply chain challenges. The move marks …
