AI hiring frenzy to fuel layoffs in other tech segments as firms strive to balance costs
Industry experts said that more layoffs could come in 2024 as tech firms shift investments to focus on AI.
These new ETFs will help investors target a lucrative part of the corporate bond market
New funds from BondBloxx give investors tools to target the BBB-rated bond market.
Tesla shares close down 12% after automaker warns of slowdown
Tesla said vehicle volume growth in 2024 “may be notably lower” than last year’s growth rate.
Stocks making the biggest moves midday: Tesla, American Airlines, Boeing, Humana and more
These are the stocks posting the largest moves midday.
This popular ETF that’s also a barometer for the economy is in danger of breaking down
The homebuilder group can be an important one to follow, as strength in homebuilders implies optimism for the economy based on consumers’ ability to buy new homes.
Spain soccer outcast Rubiales facing trial for unwanted kiss at Women’s World Cup
Based on a sexual consent law passed in 2022, Rubiales could face a fine or a prison sentence of one to four years if found guilty, according to the prosecutors’ office in Madrid.
ECB’s Lagarde responds to scathing staff survey: ‘I’m very proud and honored to lead the institution’
More than half of respondents rated her performance so far as “very poor” or “poor,” and the ECB union said she was characterized as an “autocratic leader.”
French farmers block roads, dump produce as protest edges closer to Paris
Farmers said the protests, now in their second week after breaking out in the southwest, would continue as long as their demands are not met.
Microsoft lays off 1,900 workers, nearly 9% of gaming division, after Activision Blizzard acquisition
The Microsoft layoffs come a little more than three months after the company closed on its acquisition of video game maker Activison Blizzard.
U.S. workers are getting scooped up by international companies hiring remote roles
The number of American workers hired by international companies grew 62% last year.
