Zoom is cutting about 150 jobs, or close to 2% of its workforce
Zoom on Thursday confirmed that it’s cutting about 2% of its workforce, becoming the latest tech company to announce layoffs.
Wall Street has adjusted its expectations for when the Fed starts cutting rates
The market finally seems to have gotten the message that a March rate cut isn’t in the cards.
Amazon reports better-than-expected results as revenue jumps 14%
Amazon reported earnings after the bell. Here are the results.
Apple stock falls after company gives outlook suggesting weak iPhone sales
Apple reported earnings after the bell. Here are the results.
Bank of England chief hints the market could be getting it right on rate cuts
BOE Governor Andrew Bailey signaled markets’ expectations on the future path of rate cuts may be correct, even as he refused to commit to a specific timeline.
Watch CNBC’s full interview with the Bank of England’s Andrew Bailey
Bank of England Governor Andrew Bailey speaks to CNBC’s Steve Sedgwick after the central bank’s rate decision.
Taylor Swift songs removed from TikTok after her label UMG’s spat with the app
Music by artists including Taylor Swift and Drake is no longer available on TikTok after the social video app and Universal Music Group failed to reach a deal.
Formula 1 star Lewis Hamilton to leave Mercedes for Ferrari after 2024 season
Hamilton “activated a release option” in his contract, Mercedes said, following an 11-year partnership with the team.
Divided Bank of England leaves policy unchanged, says interest rates are ‘under review’
The Bank of England held interest rates steady at 5.25% on Thursday.
Tesla upgrades Model Y in China as BYD competition heats up
The Tesla Model Y in China will come with Hardware 4.0 (HW 4.0) — a set of cameras, sensors and computer — free of charge when a customer purchases the car.
