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CNN to cut about 100 jobs, launch first subscription product this year: WSJ
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BBC News - Top stories
'Important moment' as interest rates cut to 5%
The Bank of England cuts borrowing costs from 5.25% to 5% in the first drop for more than four years.20 min ago -
The Hill - Politics
Stacey Abrams cuts off CNN's Kaitlan Collins: 'You're repeating disinformation'
Former Georgia gubernatorial candidate Stacey Abrams challenged CNN’s Kaitlan Collins on Tuesday, accusing the host of spreading “disinformation” after she challenged the Democrat on her refusal to concede the 2018 election. Abrams narrowly lost ...34 min ago -
CNBC - Business
The first Fed interest rate cut in years is on the horizon. Here's what homeowners, buyers need to know
The Fed rate cut is becoming more certain, and interest rates are expected to decline throughout the year. Read more on what owners and buyers should know.2 days ago - Federal Reserve -
NBC News - Top stories
The first Fed interest rate cut in years is on the horizon. Here's what you need to know.
The Federal Reserve is poised to make the first interest rate cut in years this fall, which can influence mortgage rates to go down.2 days ago - Federal Reserve -
ABC News - World
Bank of England lowers its main interest rate by 0.25%, to 5%, its first cut since for over 4 years
The Bank of England is cutting interest rates for the first time since the onset of the COVID-19 pandemic in early 20205 hr ago -
The Wall Street Journal - World
The Buzzer-Beating Miracle That Broke a 100-Year American Medal Drought
The long wait for a U.S. medal in rugby looked set to continue in Tuesday’s bronze medal match. Then Spiff Sedrick picked up the ball in the dying seconds and became a national hero.17 hr ago -
Inc. - Business
AI Fears Are Fueling Gen-Z's Doubts About Office Jobs
A new report shows young people are worrying about getting replaced by AI as they enter the white-collar workforce.3 days ago - Artificial Intelligence -
VentureBeat - Tech
Game job layoff forecast is getting better, with job cuts slowing dramatically in July
Amir Satvat, a jobs quant, said he sees an improved outlook when it comes to layoffs in the game industry.22 hr ago -
BBC News - Top stories
Tinder parent company cuts jobs as subscriber numbers slump
The number of people paying for the world's most popular dating app has continued to slide.6 hr ago -
MarketWatch - Business
Spirit Airlines’ stock falls after disappointing earnings, plans to cut jobs
Spirit Airlines’ stock slipped Thursday, after the discount air carrier reported a wider-than-expected second-quarter loss, while also detailing some cost cutting measures including pilot furloughs and capacity cuts.7 hr ago
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MarketWatch - Business
Here’s when the next Fed rate cut could hit your savings account and credit-card bill
The Fed stayed put for now, but many see a rate cut coming in September.16 min ago -
MarketWatch - Business
As Arm’s stock slides, these analysts say to keep the faith
One analyst says that “assuming Arm will be part of whoever comes out on top of AI seems like less of a risk than almost anything else.”26 min ago -
MarketWatch - Business
Echoes of the dot-com bubble haunt U.S. stocks in 2024. Why investors shouldn’t worry too much about it.
Jeremy Grantham’s GMO said it doesn’t make sense to draw a parallel between today’s so-called Magnificent Seven and their equivalents during the boom-and-bust cycle in the late-1990s.29 min ago -
MarketWatch - Business
Shake Shack’s stock rallies despite market swoon as profit jumps
Burger chain beats Wall Street revenue target and stock rallies 17% despite broad market sell-off.35 min ago -
MarketWatch - Business
Gold keeps hitting fresh record highs. Here’s what could lift it closer to $3,000.
Gold prices have rallied to fresh record highs three times in less than three weeks, topping $2,500 an ounce at their peak, with the potential to rise even further as the precious metal’s distinction as a “protective asset” continues to take hold.37 min ago