(Reuters) – Google parent Alphabet is laying off employees from its global recruiting team as the tech giant continues to slow hiring, it said on Wednesday. The company’s decision to let g[...]
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September 13, 2023
Dollar climbs as Fed expectations remain intact after CPI
By Chuck Mikolajczak NEW YORK (Reuters) – The dollar index was higher on Wednesday, after U.S. economic data showed inflation increased for August but did little to alter market expectations for[...]
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Oil dips as surprise US crude stockbuild faces supply cuts
By Stephanie Kelly NEW YORK (Reuters) -Oil prices edged lower on Wednesday, after earlier hitting a 10-month high, as a surprise build in U.S. crude inventories offset expectations of tight crude supp[...]
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3M warns of ‘slow growth environment’ in 2024, shares drop
(Reuters) -U.S. industrial conglomerate 3M Co on Wednesday warned of “a slow growth environment” in 2024 and forecast weakness in its electronics and consumer segments for the current and[...]
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US Senate’s Schumer: AI regulations needed but should not be rushed
By Kanishka Singh WASHINGTON (Reuters) – U.S. Senate Majority Leader Chuck Schumer on Wednesday said that while regulations on artificial intelligence were certainly needed, they should not be m[...]
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‘Higher for longer’ rates remain a threat to U.S. stocks after inflation data
By David Randall NEW YORK (Reuters) – The latest U.S. inflation data is unlikely to ease worries over persistently high Treasury yields that have gnawed on stocks over the last few weeks, invest[...]
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Recession risk “coin flip” over the next year – PIMCO
By Dhara Ranasinghe and Chiara Elisei LONDON (Reuters) – The risk of a global recession over the next 12 to 18 months is close to a “coin flip” and financial markets are underestimat[...]
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Deloitte UK to cut over 800 jobs – source
(Reuters) -Deloitte is planning to cut more than 800 jobs in the United Kingdom, a source told Reuters on Wednesday. The company is proposing some targeted restructuring that would result in the reduc[...]
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Factbox-Citigroup’s business heads in revamped structure
(Reuters) – Citigroup announced a major reorganization on Wednesday that trims management layers, giving CEO Jane Fraser more direct oversight over its businesses as she aims to boost its profit[...]
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