The unexpected rise in the unemployment rate in the United States has left economists divided: Is the US on the brink of a recession or not? The unemployment rate jumped to a nearly three-year high of 4.3 percent in July, as per data released Friday. The increase – up from…
US chip maker to cut 15 percent of workforce as part of efforts to cut costs by $10bn in 2025. Chipmaker Intel has announced plans to slash more than 15 percent of its workforce as it tries to make up ground on rivals such as Nvidia and AMD. Under the…
CEO Mark Zuckerberg says Meta AI is on track to be the most used AI assistant worldwide by the year’s end. Meta, the parent company of Facebook and Instagram, has reported a higher-than-expected profit of $13.5bn for the most recent quarter, sending its shares nearly 7 percent higher. Revenue in…
“Life has been hard for years now. It’s true that food prices have come down recently, but they’re still so high,” says Rodrigo, a private security guard working in Caracas, Venezuela’s capital. He did not want to give his last name. Amid a decades-long economic crisis, Rodrigo thinks that “people…
The collapse at Delta is stunning for an outfit that was widely viewed as the best big US airline. United States regulators are investigating how Delta Air Lines is treating passengers affected by cancelled and delayed flights as the airline struggles to recover from a global technology outage. Transportation Secretary…
India’s government has assigned billions of dollars for job creation and regions run by key coalition partners in a budget aimed at cementing the coalition and winning back voters after Prime Minister Narendra Modi’s election setback. Tax changes unveiled in the budget on Tuesday included a higher levy on equity…
Passengers around the world have faced flight delays, cancellations and problems checking in as airports and airlines are caught up in a significant IT outage that also has affected industries ranging from banks to media companies. Some airlines and airports have since said they were back online, with the United…
Fears of new trade tensions with China drive main indexes lower. Wall Street’s top indices fell as a rebound in tech shares tumbled, adding to losses triggered by fears of new trade tensions. After a mixed day on European equity markets, losses on Wall Street were broad-based on Thursday, with…
Crypto stocks, gun stocks and shares of other companies that could benefit from a Donald Trump presidency are up after an assassination attempt on the Republican candidate boosted expectations he would win the November election. Trump’s survival after he was shot in the ear during a rally in Pennsylvania on…
The data of nearly all customers of the telecommunications giant AT&T was downloaded to a third-party platform in a security breach, the company has said, as cyberattacks against businesses, schools and health systems continue to spread globally. The breach, which was announced by the company on Friday, took place largely over five months in…
| Cookie | Duration | Description |
|---|---|---|
| cookielawinfo-checkbox-analytics | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". |
| cookielawinfo-checkbox-functional | 11 months | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". |
| cookielawinfo-checkbox-necessary | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". |
| cookielawinfo-checkbox-others | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. |
| cookielawinfo-checkbox-performance | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". |
| viewed_cookie_policy | 11 months | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data. |