Author: Daniel snow
The president has struck another trade deal, though it remains unclear when the new tariffs will kick in. Source link
Thursday’s employment report could result in a Trump tantrum about interest rates if it comes in weak. Source link
Microsoft on Wednesday announced its biggest round of layoffs this year — aimed at driving efficiencies and taking advantage of new technologies. Jim Cramer is not ready to blame AI for the job cuts. The software giant said it plans to reduce its global workforce by less than 4%, which translates to about 9,000 positions. It announced hundreds of job cuts in June and more than 6,000 in May . Roughly 1% of its workforce was eliminated in January based on performance. “The typical interview we have is how much of these layoffs are AI?” Jim noted on ” Squawk…
How I went beyond waiting for chance opportunities to designing the life I dreamed of. Source link
The Senate narrowly passed its spending megabill on Tuesday night. The House is aiming to vote on the bill and send it to President Donald Trump by July 4, but it’s unclear whether Republicans have the votes to pass the bill in its current form.Among numerous provisions aimed at reducing federal spending and increasing tax revenue, the bill lays out some major changes for federal student loan borrowers.Most of the changes to student borrowing, such as lower limits on graduate loans, won’t impact borrowers who are out of school and currently in repayment. But those taking out loans next summer and…
Readers criticize several aspects of the Trump policy bill. Also: In praise of U.S.A.I.D. Source link
From ‘unsexy’ industries to live experiences, these are the spaces where young founders are poised to make an impact. Source link
Goldman Sachs and Wells Fargo shares hit record highs Wednesday after the Wall Street banks announced dividend hikes following Tuesday’s close. Both join the laundry list of Club holdings to hike their payouts to investors in 2025. After the financial firms passed the Federal Reserve’s annual stress test on Friday night, Goldman said Tuesday that it is raising its quarterly dividend payout to $4 a share from $3. That’s a 33% increase and the largest among the 15 portfolio names that boosted their dividends so far this year. Meanwhile, Wells Fargo hiked its quarterly payout by 12.5% to 45 cents…
The 139-year-old company saw steep sales slides as consumers shift to cheaper or healthier food options. Source link
Despite everything, it is still possible to achieve a just end to the war in Ukraine. Source link