Economic News
-
New York City apartment building workers authorize a possible strike as contract talks stall
Thousands of New York City apartment building doorpersons, superintendents and other workers have approved a potential strike in the coming days
-
BBC will cut up to 2,000 jobs to reduce costs by about 10%
The BBC plans to cut up to 2,000 jobs to save 10% of its annual budget
-
BofA's trading desk avoided a single daily loss in Q1 amid market turmoil
Recent market volatility, partly due to the War in Iran, continues to boost Wall Street profits
-
Snapchat owner cuts 16% of global staff in latest round of job cuts
Snap Inc., the owner of Snapchat, is cutting about 16% of its global workforce, which means around 1,000 jobs
-
Carney suspends Canada's fuel tax in first act after securing a majority government
Canadian Prime Minister Mark Carney has suspended the fuel tax in response to the Iran war
-
Wall Street rallies to the edge of its all-time high as oil prices ease
U.S. stocks rallied to the edge of their all-time high, and crude oil prices eased as hopes climbed that the United States and Iran may try again on talks to end their war
-
The Walt Disney Co. begins laying off 1,000 employees
The Walt Disney Co. has begun layoffs expected to lead to 1,000 job cuts across the company
-
7-Eleven expects to close hundreds of its stores in North America this year
7-Eleven expects to close hundreds of its convenience stores this year
-
Banks see a 'resilient' US economy but warn of negative impacts from rising energy prices
The nation’s biggest banks posted strong profits in the first quarter, driven by a resilient economy and increased dealmaking in investment banking
-
US wholesale prices surged 4% last month after the war in Iran sent energy prices flying
U.S. wholesale prices surged last month as the Iran war drove up the cost of energy
- More Economic News »
