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Google employees pressure costumed execs at all-hands meeting for clarity on cost cuts
Following comments on Google's earnings call about continuing cuts, employees wanted answers at the company's latest all-hands meeting.Business - CNBC - November 1 -
Moderna posts surprise profit as Covid vaccine sales impress, cost cuts take hold
Moderna said its newest Covid vaccine saw benefits after winning approval in the U.S. three weeks earlier than the last iteration of the shot did in 2023.Business - CNBC - November 7 -
Trump’s plan to cut taxes on Social Security benefits may cost beneficiaries more in the long run
The president-elect’s plan may do more harm than good, experts said.Business - MarketWatch - November 8 -
How much would a $10,000 home equity loan cost monthly now that rates are cut?
Home equity loan interest rates are on the decline. Here's how much a $10,000 loan costs per month right now.Top stories - CBS News - November 12 -
Barcelona mayor defends ban on tourist flats saying ‘drastic’ action needed to cut housing costs
Jaume Collboni determined to follow through with plan that he says will return 10,000 properties to city’s residents. The decision made headlines around the world, sparking surprise and threats of ...World - The Guardian - November 19 -
DOGE Taps Tech Heavyweights Travis Kalanick and Marc Andreessen to Spearhead Federal Cost-Cutting Program
The Department of Government Efficiency is recruiting entrepreneurs to begin attempting to slash government spending.Business - Inc. - 2 days ago -
Republicans gear up for the coming battle over $5 trillion tax cut's costs
Republicans are united on extending the 2017 tax cuts, but at odds on how to offset the cost.Business - CNBC - 2 days ago -
Manchester United spent £8.6m sacking staff in Jim Ratcliffe cost-cutting drive
Club made 250 members of staff redundant in summer Total debt rises to £714m after £200m transfer spend Manchester United spent £8.6m on redundancies in the first quarter of its financial year ...World - The Guardian - Yesterday -
Facing Post-Election Concerns, Federal Reserve Cuts Rate by Quarter-Point
After Donald Trump’s election win, the Federal Reserve cut its benchmark interest rate to about 4.6 percent.Business - Inc. - November 7 -
Met faces service cuts without more cash, says chief
Sir Mark Rowley says he is "deeply troubled" by negotiations so far on the force's funding next year.Top stories - BBC News - November 14 -
Open source vector database vendor targets enterprise AI costs with cloud update
The vendor behind the open source Milvus vector database has a big cloud update designed to improve performance and reduce enterprise AI costs.Tech - VentureBeat - November 19 -
Hollywood unions are facing an uphill battle against Trump, AI and the slowdown
Video game actors, visual effects artists, animation workers and intimacy coordinators are all making big moves in the Hollywood labor space.Entertainment - Los Angeles Times - 2 days ago -
Apple faces ‘difficult’ process to launch its own AI in China
Official at top tech regulator says path to approval easier if iPhone maker finds local partnersBusiness - Financial Times - Yesterday -
Interest rates cut but Bank hints fewer falls to come
Interest rates were cut to 4.75% but the Bank expects inflation to creep higher after last week's Budget.Top stories - BBC News - November 7 -
What a potential Fed rate cut could mean for the economy
As the Fed wraps up its two-day meeting, there's a chance of another interest rate cut. CBS News business analyst Jill Schlesinger joins "CBS Mornings Plus" to talk about the potential impact on ...Top stories - CBS News - November 7 -
Why mortgage rates could be heading to 8%, despite a Fed cut
The 30-year rate inched up for the sixth week in a row ahead of an expected interest-rate cut by the Federal Reserve.Business - MarketWatch - November 8 -
How the Federal Reserve interest rate cut could affect Americans
The Federal Reserve's latest interest rate cut could affect Americans who are borrowing money or are saving money. Jacob Sonenshine, a markets reporter at Barron's, joins CBS News with more on the ...Top stories - CBS News - November 7 -
How the interest rate cut from the Fed could affect you
Federal Reserve Chair Jerome Powell announced an interest rate cut Thursday for the second time in the last three months as inflation continues to decline. CBS News contributor Javier E. David has ...Top stories - CBS News - November 8 -
Restaurant workers' jobs threatened by Budget, bosses warn
Hospitality bosses are calling for changes to what they describe as "unsustainable" tax rises.Top stories - BBC News - November 10 -
The markets could have the final say on Trump’s tax cuts and tariffs
Financial markets could wind up as the final arbiter about whether he has gone too far.Politics - The Hill - November 15 -
How Trump and Republicans could pay for new tax cuts
President-elect Trump and Republican lawmakers are gearing up to push a massive tax-cut bill through Congress next year but will face pressure to find ways to cover the costs. While Trump and many ...Politics - The Hill - November 19 -
How Trump’s Tax Cuts and Tariffs Could Turn Into Law
Republicans are juggling complex political and tactical questions as they plan their congressional agenda next year.Business - The New York Times - November 19 -
Process to replace Matt Gaetz could cut into House GOP's narrow majority
Florida Gov. Ron DeSantis has set dates for a special election to replace Matt Gaetz. The timeline will leave his seat vacant in the incoming Congress for several weeks.Top stories - ABC News - 5 days ago -
The next recruiter to read your LinkedIn profile could be AI. Here’s what it’s looking for.
The professional networking site is debuting a new AI-powered ‘hiring assistant’ for recruiters that can sort, rank and message potential candidatesBusiness - MarketWatch - October 31 -
How Arm could be the unexpected winner of the AI investment boom
Shares in the British chip designer, which is controlled by SoftBank, have trebled in price over the past year. But its ambitions go much furtherBusiness - Financial Times - October 30 -
Trump’s Second Presidency Could Mean AI Chaos, or a Flurry of Innovation
As the AI revolution advances, critics and lawmakers have proposed safety restrictions and guardrails. Trump’s team says some of these barriers will fall.Business - Inc. - November 7 -
A US Ban on Investing in Chinese AI Startups Could Escalate Under Trump
The Biden administration narrowed in on Chinese companies developing frontier AI models, but Donald Trump could take a much broader approach.Tech - Wired - November 18 -
Why an AI Pioneer Worries It Could Turn Against Us
Yoshua Bengio, one of the ‘godfathers of AI,’ has a list of concerns about the rapid, potentially harmful evolution of the technology.Business - Inc. - 6 days ago -
How AI and Cloud Computing Could Stall Global Energy Transition
At the COP29 global climate summit, worries grow that rapidly growing power demand from data providers will increase fossil fuel use.Business - Inc. - 6 days ago -
Microsoft’s AI agents: 4 insights that could reshape the enterprise landscape
We dive into the most significant takeaways from Microsoft Ignite, and Microsoft's emerging leadership in the area of AI agents.Tech - VentureBeat - 6 days ago -
Cop29 live: ministers told to ‘cut theatrics’, ‘move faster’ and ‘get down to business’ amid growing frustration at slow progress
Cop29 president calls for faster action as progress to agree a climate finance deal slows. Climate crisis to blame for dozens of ‘impossible’ heatwaves How usual is it to have G20 happening at ...World - The Guardian - November 18 -
UK business cutting back growth plans after Budget tax rises, warns CBI
Results of survey of lobby group’s members are latest sign of souring relations between government and corporate worldBusiness - Financial Times - 3 days ago