Culture
Oil falls US$2 a barrel on worries about Opec+ supply, US jobs data
Oil prices US$2 a barrel on Friday (Aug 1) because of jitters about a possible increase in production by Organization of the Petroleum…
Tag
Jobs
Culture
US: Stocks tumble as weak jobs report adds to doubts on economy
Wall Street stocks finished sharply lower Friday (Aug 1) following a weak July jobs report that raised concerns about US economic health.…
News
JD Vance Praised Jobs Report That Trump Now Says Was a Hoax
“This case’s underlying question, then, asks whether parolees who escaped oppression will have the chance to plead their case within a…
News
Trump Fires BLS Chief After Jobs Report Reveals How Bad Economy Is
Trump on Friday proved that fears about the president manipulating official data in his favor are founded, as he fired Erika McEntarfer,…
News
Even Fox Business Can’t Spin Trump’s Terrible Jobs Numbers
Donald Trump’s brutal July jobs report appeared to genuinely rattle the hosts at Fox Business. Several hosts and guests sat in stunned…
Culture
Tata Consultancy Services to cut workforce by 2%, affecting more than 12,000 jobs
— India’s largest IT services provider Tata Consultancy Services (TCS) will reduce its workforce by 2 per cent in its 2026 financial year,…
Culture
Citi joins Goldman in asking junior bankers to reveal if they accepted other jobs
Citigroup’s move echoes steps by other investment banks to dissuade analysts from leaving after short stints Citigroup is asking its new…
Culture
Amazon’s AWS cloud computing unit cuts jobs
Amazon cut jobs in its Amazon Web Services cloud computing unit on Thursday (Jul 17), a spokesperson confirmed following a Reuters…
Culture
Indeed, Glassdoor to cut 1,300 jobs amid AI integration: memo
Recruit Holdings, the Japanese parent of Indeed and Glassdoor, will reduce headcount by around 1,300 across the two job sites amid a shift…
Culture
Intel cuts over 500 jobs in Oregon as part of layoff plan
Hillsboro, a suburb of Portland, is home to some of Intel’s biggest factories and research centres Intel is cutting more than 500…
Business
Wage growth in Europe: Which jobs have seen the biggest increases?
Wages in the UK, the Netherlands, Germany, and France grew year-on-year by 5.5%, 5.3%, 3.8%, and 1.9%, respectively, in May 2025. That's…
Culture
Europe: Shares advance as markets take US jobs data in stride
EUROPEAN shares closed higher on Thursday as investors took in stride a stronger-than-expected US jobs report, with bank stocks leading…
Culture
US: S&P 500, Nasdaq end at fresh records after solid jobs data
Wall Street stocks surged higher on Thursday following US jobs data that topped estimates as President Donald Trump’s massive tax cut…
News
Trump Overlooks Crucial Detail in Bragging About Jobs Report
On Wednesday night, a Fox News guest falsely accused Kilmar Abrego Garcia, the Maryland resident who was wrongfully deported by the Trump…
News
Fox Host Stumbles After Seeing Terrible Jobs Report Live on Air
Fox Business’s Maria Bartiromo seemed shocked as she received the tumbling job numbers live on her show, as the impacts of President…
Culture
Microsoft to cut about 9000 jobs amid hefty AI bets
Microsoft will lay off nearly 4 per cent of its workforce, or about 9000 people, the company said on Wednesday (Jul 2), in the latest job…
Culture
US: Wall Street opens slightly lower after weak jobs data; Tesla rises
STOCKS opened lower on Wednesday (Jul 2) as surprisingly weak US private jobs data raised concerns about the labour market, while Tesla…
Culture
ING to cut 230 jobs as it has ‘too many’ managing directors
The lender says the cuts were prompted by a combination of “market circumstances” and the goal of “re-balancing” staff Groep announced a…
Culture
Stellantis shares fall as new CEO avoids big shake-up of top jobs
Stellantis new CEO Antonio Filosa started his tenure on Monday (Jun 23) by retaining his previous role as head of the key North American…
Culture
Bank of England keeps rates steady, sees further loosening as jobs market weakens
The Bank of England held interest rates at 4.25 per cent as expected on Thursday (Jun 19) but said it was focused on risks from a weaker…
Culture
Barclays cuts more than 200 investment bank jobs to reduce costs
Barclays is preparing to cut more than 200 jobs in its investment bank in the coming days as part of chief executive officer CS…
Culture
Gold falls on strong US jobs data and improved trade outlook
Gold prices fell on Monday (Jun 9) as a stronger-than-expected US jobs report cooled expectations of interest rate cuts from the Federal…
Culture
Crude climbs on US jobs report, China talks
Crude rose more than US$1 a barrel on Friday, posting its first weekly gain in three weeks after a favourable US jobs report and resumed…
Culture
Europe: Equities gain for second week on jobs data and trade hopes
EUROPEAN shares rose for a second straight week, buoyed by robust US employment figures and diminishing concerns over trade friction that…