Latest in Layoff Rate
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Amazon to face legal action after Quebec warehouse closures trigger mass layoffs
A union that represents some Montreal Amazon workers said it will petition a court to compel the company to reopen the warehouses and reverse the job cuts.CNBC - 1d -
Trump's tariffs could cause US layoffs, experts say. Here are the jobs at risk
President Donald Trump has proposed 25% tariffs on Canada and Mexico, and 10% tariffs on China.ABC News - 1d -
Hiring may finally be matching the layoff rate in games | Amir Satvat
For a solid 30 months -- perhaps the worst in gaming history -- there have been more layoffs than hiring in gaming. That may be ending.VentureBeat - 2d -
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German defence groups turn to car supplier layoffs to meet soaring demand
Air defence radar maker Hensoldt offers to hire laid off engineers from Bosch and Continental as automotive job cuts riseFinancial Times - 5d -
Will the credit rating agencies stand up to Trump?
Debt rankers appear to have been more coy in recent years on risks of developed economies than emerging marketsFinancial Times - 6d -
Jordan Spieth returns from left wrist surgery after longer layoff than expected: 'I'm glad that I've waited'
One of the PGA Tour's biggest stars is back in action this week at the 2025 AT&T Pebble Beach Pro-AmCBS Sports - 6d -
US economy grew at 2.3% rate in fourth quarter
Figure comes after Fed chair Jay Powell said there was no hurry to cut interest ratesFinancial Times - 6d -
Mortgage rates are stuck at 7% as Fed holds steady on interest rates
Bad news for home buyers: Mortgage rates are largely stuck at 7% for the time being.MarketWatch - Jan. 29 -
Is the Fed interest rate pause good for mortgage rates?
The Fed's rate pause is likely to impact borrowing costs — but will it make mortgage loans more affordable?CBS News - Jan. 29 -
How low will UK interest rates go?
There is more room for the Bank of England to loosen monetary policy than the market expectsFinancial Times - Jan. 27 -
Will the Fed respond to Trump’s call on interest rates?
Market Questions is the FT’s guide to the week aheadFinancial Times - Jan. 26 -
Bridgestone announces a tire plant closure in Tennessee with 700 layoffs and other reductions
NASHVILLE, Tenn. — Tire manufacturer Bridgestone Americas is closing its LaVergne, Tennessee, truck and bus radial tire plant and laying off 700 workers there, the company announced in a news release.NBC News - Jan. 25 -
Canada to Review Amazon Contracts After Quebec Layoffs
Canada has warned Amazon.com that it is reviewing business ties with the company’s cloud-computing unit following Amazon’s decision to shut down its warehouses in Quebec, leading to the layoff of ...The Wall Street Journal - Jan. 23 -
Trump says he will 'demand' lower interest rates
Trump made a virtual address to the World Economic Forum in Davos, Switzerland.ABC News - Jan. 23 -
CNN announces about 200 layoffs as it attempts to modernize business
Both CNN and NBC News are planning layoffs this week as newsrooms transition away from linear TV toward digital audiences.CNBC - Jan. 23 -
GDC survey reveals a rocky year of layoffs and AI skepticism for game developers
The 2025 GDC survey revealed the impact of industry-wide layoffs in 2024 where one of every 11 game developers lost a job.VentureBeat - Jan. 21 -
Unknown 9 Deemed A "Failure" As Developer Cancels Future Project And Confirms Layoffs
Unknown 9: Awakening developer Reflector Entertainment has deemed its first game as a failure and has canceled a future project, resulting in layoffs.. "This decision correlates directly with the ...GameSpot - Jan. 21 -
BoJ looks to raise rates in shadow of Trump inauguration
Increase would further entrench officials’ move to normalise monetary policyFinancial Times - Jan. 20 -
When will HELOC interest rates drop again?
HELOC interest rates recently fell to an 18-month low. Here's when they could decline again.CBS News - Jan. 17 -
The Trevor Project to undergo layoffs and restructuring in major ‘transformation’
The Trevor Project, a national LGBTQ youth suicide prevention and crisis intervention organization, announced Friday that it will undergo a “transformation” that will include layoffs and ...NBC News - Jan. 17 -
U.S. sanctions on Russia hit oil freight rates
On Jan. 10, the U.S. Treasury announced fresh measures to deplete Russia's energy revenues, including on 183 vessels, largely oil tankers.CNBC - Jan. 16 -
Trump to inherit 5-month high inflation rate
President-elect Donald Trump is set to inherit inflation at a 5-month high. According to the Labor Department, consumer prices rose 2.9% year-over-year and 0.4% month-over-month in December, the ...CBS News - Jan. 15 -
Inflation Rose in December, Putting Rate Cuts Into Question
The consumer price index rose 2.9 percent in the last month of the year, the Labor Department reports.Inc. - Jan. 15 -
Meta to Cut 5% of Its Workers in New Round of Layoffs
The layoffs come as Mark Zuckerberg pushes to remake his company for the Trump era and prepares to co-host a gala for the president-elect’s inauguration.The New York Times - Jan. 14 -
What's the CD interest rate forecast for 2025?
Planning to open a CD account? It may help to know where experts say CD rates could head this year.CBS News - Jan. 13 -
This is what it could take for the Fed to hike interest rates
Some economists are now contemplating what was previously unthinkable — and they are focused on the personal-consumption expenditures price indexMarketWatch - Jan. 11 -
Mortgage rates are not rising yet but Reeves has to act
Why Rachel Reeves needs a more detailed growth strategy - and soon.BBC News - Jan. 10 -
The Fed Is in No Rush to Cut Rates
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.The New York Times - Jan. 10 -
Meta’s factchecking partners brace for layoffs
Meta has provided over $100m for certified organizations to conduct factchecks on its platforms since 2016. Mark Zuckerberg’s decision to end factchecking on Facebook and Instagram in the US ...The Guardian - Jan. 8 -
Rate-Cut Decision Was Narrow, Fed Minutes Show
Stubborn inflation, and potential tariffs, make future rate cuts uncertain.The New York Times - Jan. 8 -
What's a good CD interest rate in 2025?
CD rates have dropped, but they're still relatively high as 2025 begins. Here's what's considered a good rate now.CBS News - Jan. 8 -
What factors drive mortgage loan interest rates?
The Fed rate decisions aren't the only factor that plays a role in where mortgage rates head next.CBS News - Jan. 8 -
The Secret Sauce to Fixing the N.B.A.’s Ratings Woes
Rivalries spark fireworks, and the league is desperate for a new one, a columnist for The Athletic writes.The New York Times - Jan. 8 -
Here's where mortgage rates could be headed in 2025
Mortgage rates in 2025 are expected to remain above 6%, according to multiple industry forecasts.The Hill - Jan. 8 -
Source: City eye deal for £50m-rated Marmoush
Manchester City are exploring a deal to sign striker Omar Marmoush, a source has told ESPN, but accept that it will be difficult to prise him away from Eintracht Frankfurt.ESPN - Jan. 7 -
Alaba back in Madrid squad after year-long layoff
David Alaba has returned to the Real Madrid squad ahead of the Spanish Supercopa semifinal against Mallorca following a year-long layoff due to injury.ESPN - Jan. 7 -
Trump: ‘Interest rates are far too high’
President-elect Trump on Tuesday declared interest rates are too high even as he decried still-elevated inflation, setting up renewed tensions with the central bank chair who resisted pressure cut ...The Hill - Jan. 7
