Oracle laying off thousands of workers to cut costs amid AI push: report
Oracle on Tuesday reportedly began notifying employees that it is moving forward with a round of layoffs as the company looks to reduce costs. The...
Category : Business
US gas tops $4 a gallon as Iran conflict drives sharp rise in fuel costs
U.S. gasoline prices on Monday topped $4 a gallon nationwide, adding pressure to household budgets as oil markets surge in response to the lingering Iran...
Einstein Bagels cream cheese spread recalled over almonds that could cause life-threatening allergic reaction
Nearly 150 cases of an Einstein Bros. Bagels’ cream cheese flavor have been recalled over the potential presence of undeclared almonds that could pose a...
Powell warns of new energy supply shock as gas prices surge: ‘No one knows how big it will be’
Federal Reserve Chair Jerome Powell said that the U.S. economy is facing a supply shock from the disruption of Middle East oil supplies after previous shocks...
Air Canada CEO announces his retirement 1 week after deadly crash
Air Canada said Monday that President and CEO Michael Rousseau will retire by the end of the third quarter of 2026, capping nearly two decades...
America 250: BlackRock’s Larry Fink says long-term investing can perform a kind of ‘civic miracle’
BlackRock CEO Larry Fink recently published his annual chairman’s letter and noted the significance of America’s 250th anniversary this year, drawing a parallel to a...
Oil has surged since the Iran conflict – but gas prices may not be done rising
Oil prices have surged more than 40% since the start of the Iran conflict, rattling global energy markets and raising concerns that U.S. drivers could...
Larry Fink calls for Social Security reform, says investing a portion of funds could strengthen the program
BlackRock CEO Larry Fink discussed possible Social Security reforms that would allow more Americans to benefit from the growth in the stock market while also...
IRS refund tracker explained: What you need to know before this year’s tax filing deadline
Tax season is in full force as the deadline to file or request an extension is less than three weeks away, and some Americans who...
Iran war could push inflation higher this year, Goldman Sachs says
The impact of the Iran war on global oil prices could push the rate of inflation facing U.S. consumers higher, which would leave Federal Reserve policymakers...