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Usa News

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Business•SEP 4, 2024

Wave of Layoffs Hits Major U.S. Companies Amid Economic Uncertainty

A wave of layoffs is sweeping across major U.S. industries, as companies in technology, finance, manufacturing, and retail announce significant workforce reductions. Industry giants like Meta, ExxonMobil, and Boeing are among those cutting jobs, citing economic pressures, restructuring efforts, and the growing influence of artificial intelligence (AI) as key factors behind the downsizing.

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Tech•SEP 2, 2024

Federal Reserve Signals Economic Caution Following Interest Rate Cut

Federal Reserve Chair Jerome Powell has provided an update on the U.S. economic outlook following a recent interest rate cut, emphasizing cautious optimism amid lingering inflation concerns. The Fed’s decision reflects efforts to balance economic growth while managing financial stability.

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