Verizon will cut about 15,000 jobs after new CEO says ‘cost reductions will be a way of life for us here’
Job cuts are expected to hit one of the world’s largest telecommunications companies just over a month after crowning its...
Finance
Is China about to win the AI race?
Hello and welcome to Eye on AI…In this edition: Is China about to win the AI race?…AI reasoning risks...Anthropic is...
Trump signals no shutdown compromise on the Affordable Care Act, calling it ‘the worst Healthcare anywhere in the world’
As Saturday’s session got underway, it was uncertain whether Republicans and Democrats could make any headway toward reopening the government...
Zohran Mamdani’s signature housing policy is widely loathed by economists. Here’s why
New York City mayor-elect Zohran Mamdani swept to victory Tuesday evening on a platform of affordability, anchored by a plan...
Trump says China’s Xi has assured him that he won’t take action on Taiwan during Republican’s term
President Donald Trump says that Chinese President Xi Jinping has given him assurances that Beijing would take no action toward its long-stated goal of...
Michael Saylor’s Strategy returns to profitability in third quarter
Bitcoin accumulator Strategy Inc. returned to profitability in the third quarter, with results bolstered by an unrealized gain tied to...
The FOMO-fueled gold bubble may now be turning into a ‘mini-bust,’ analysts say
Gold prices continued to decline Monday while stocks galloped to fresh record territory, stirring doubts about the precious metal’s massive...
Ontario quickly caves to Trump and promises to pull the offending Reagan ad that killed Canada trade talks
President Donald Trump announced he’s ending “all trade negotiations” with Canada because of a television ad sponsored by one of its provinces...
‘If there’s no bottom rung on the ladder, it’s really hard to leap up’: Nonprofits focused on Gen Z employment get $25m Citi Foundation windfall
Young jobseekers, challenged by a rapidly changing labor market, are having a tough time. The U.S. unemployment rate for 22-...
Here’s how Trump can hit China where it really hurts as Beijing’s rare earths gamble could backfire
The Trump administration insists it holds the upper hand as trade friction with Beijing has reignited over its sweeping rare-earths...
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