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Layoff announcements soar to the highest since 2020 as DOGE slashes federal staff
U.S. employers announced 172,017 layoffs for the month, up 245% from January and the highest monthly count since July 2020CNBC - 8h -
Layoffs soar to highest level since 2020, led by Musk's DOGE cuts
Job cuts spiked in February, marking their highest point since July 2020, due to firings of government workers directed by DOGE.CBS News - 8h -
UK asylum claims hit highest level since 1979
More than 108,000 people claimed asylum in the UK in 2024, according to new statistics.BBC News - Feb. 27 -
Copper waiting to leave warehouses hits highest level since 2021
Traders prepare to deliver metal to US before imposition of tariffs as Trump’s plans distort mineral marketsFinancial Times - 5d -
DOGE onslaught pushed layoff announcements to highest point since 2020
An unofficial but closely watched gauge of the labor market found February had the most layoff announcements since early in the pandemic, led by massive federal workforce cuts.NBC News - 8h -
German borrowing costs soar by most since 1997 on ‘historic’ debt deal
Investors bet on big boost to growth after agreement to increase funding for military and infrastructureFinancial Times - 1d -
Is Europe about to soar?
The future of the world might depend on its successFinancial Times - Feb. 24 -
Why are coffee prices soaring in the U.S.?
Consumers still coping with high food costs face scalding hot coffee prices, with retail costs up 75% in recent years.CBS News - Feb. 27 -
Unemployment claims rise to 242,000, the highest in 3 months
Figures do not include layoffs ordered by the Department of Government Efficiency. Analysts expect those to show up in coming weeks.CBS News - Feb. 27 -
Chinese Hospital Bankruptcies Soar Amid Financial Strains
Still recovering from heavy spending during the pandemic, hospitals are squeezed by a slumping economy and government efforts to curb health care spending.The New York Times - Feb. 20 -
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Consumers turn to renting chickens as egg prices soar
As the bird flu outbreak impacts egg shortages and prices, some people are turning to renting or buying backyard chickens.CBS News - Feb. 21 -
Coffee Prices Are Soaring, but Growers Aren’t Celebrating
Climate change is behind the windfall gains, and growers are worried about whether they can adapt.The New York Times - Feb. 22 -
Is Bird Flu the Only Reason Egg Prices Are Soaring?
The nation’s biggest egg producer has seen rising revenues and profits. Now some Democrats are calling for an investigation into pricing practices in the industry.The New York Times - Feb. 26 -
Number of Americans filing for unemployment rises to 242,000, highest in 3 months
Applications for U.S. jobless benefits rose to a three-month high last week but remained within the same healthy range of the past three yearsABC News - Feb. 27 -
Raiders make Crosby NFL's highest-paid non-QB
DE Maxx Crosby has agreed to a three-year, $106.5 million extension with the Raiders that makes him the highest-paid non-QB in NFL history, sources told ESPN.ESPN - 15h -
Gold may soar past $3,000 — but at these prices you’re overpaying
Why you can expect below-average returns from gold in coming years.MarketWatch - Feb. 22 -
Anthropic closes in on $3.5 billion funding round as investor interest soars
AI startup Anthropic is in talks to raise a new round of capital that would roughly triple its valuation to $61.5 billion, CNBC has confirmed.CNBC - Feb. 24 -
As Egg Prices Soar, U.S. Looks to Import From Other Countries
The United States is in talks with several countries in an effort to immediately secure new supplies.The New York Times - Feb. 26 -
Snowflake’s stock soars as revenue and guidance cheer up investors
Snowflake shares soared in after-hours trade Wednesday, after the company’s fiscal fourth-quarter revenue topped estimates and it offered upbeat guidance for fiscal 2026.MarketWatch - Feb. 27 -
China’s $1 bubble tea chain soars 43% in Hong Kong debut
Mixue’s IPO, city’s biggest in year to date, highlights investor focus on China’s price-conscious consumersFinancial Times - 3d -
European markets soar as Germany lifts ‘debt brake’ to raise defence spending
Berlin’s ‘big bazooka’ move sends industrial stocks surging but fiscal sea change also hikes borrowing costs. Business live – German debt ‘bazooka’ rallies stocks and euro European financial ...The Guardian - 1d -
Bosnian officials challenge separatist laws before top court as tensions soar
Bosnian officials are challenging a set of laws barring the state judiciary and police from operating in the part of the country controlled by the Bosnian Serbs, legislation that has fueled ...ABC News - 10h -
BJ’s Wholesale stands out by not warning on sales due to tariffs. Stock soars.
Tariffs will raises prices for Americans, but BJ’s will use it’s ‘muscle’ when negotiating with suppliers to keep inflation down.MarketWatch - 6h -
Consumer confidence plummets in largest drop since 2021
A gauge of consumer confidence registered its largest monthly drop since 2021.ABC News - Feb. 25 -
Consumer confidence has biggest drop since 2021
U.S. consumer confidence plummeted in February, the biggest monthly decline in more than four years. Kelly O'Grady explains.CBS News - Feb. 25 -
Measles claims first U.S. victim since 2015
A school-age child in Texas has died from measles, marking the first U.S. death from the disease since 2015. It is the first death in a measles outbreak that has infected more than 120 people since ...CBS News - Feb. 27 -
Legge to be 1st woman to drive Cup since Danica
Katherine Legge will make her Cup Series debut at Phoenix Raceway, becoming the first woman to compete at NASCAR's highest level since Danica Patrick in 2018.ESPN - 3d -
Bengals to 'reward' Ja'Marr Chase as NFL's highest-paid non-QB, give update on Tee Higgins contract situation
Bengals exec Duke Tobin is pushing to re-sign the trio of Chase, Higgins and Trey HendricksonCBS Sports - Feb. 26 -
ElevenLabs’ new speech-to-text model Scribe is here with highest accuracy rate so far (96.7% for English)
ElevenLab's Scribe pricing makes it competitive for businesses that require high-volume transcription services with API-based integration.VentureBeat - Feb. 26 -
Saquon Barkley, Eagles reportedly agree to $41.2M extension, making him highest paid RB in NFL history
The Philadelphia Eagles have agreed to a two-year, $41.2 million extension with Saquon Barkley, making him the highest-paid running back in NFL history, ESPN reports.Yahoo Sports - 2d -
Eagles reportedly make $41m Saquon Barkley highest-paid running back in history
28-year-old signs two-year contract extension Barkley helped Philly win Super Bowl The Philadelphia Eagles have reportedly made Saquon Barkley the highest-paid running back in NFL history ...The Guardian - 2d -
Saquon Barkley contract extension: Highest-paid RBs in NFL after Eagles star resets market for position
Barkley is the first $20 million a year running backCBS Sports - 2d -
Maxx Crosby extension: 10 highest-paid non-quarterbacks in NFL after Raiders star gets record deal
The Raiders pass rusher made history off the fieldCBS Sports - 6h -
College football's highest-paid coaches: Oregon's Dan Lanning enters top five with amended contract
The Ducks rewarded their coach with a new deal on the heels of a Big Ten title win in the 2024 seasonCBS Sports - 4h -
Eagles make Saquon Barkley NFL's highest-paid RB ever on two-year extension worth over $20M per year
Another big payday for Philly's star ball carrierCBS Sports - 2d -
Maxx Crosby extension: Raiders make All-Pro pass rusher highest-paid non-QB in NFL history, per report
Crosby surpasses Justin Jefferson as the highest-paid non-quarterbackCBS Sports - 1d -
Details on Luigi Mangione's first court appearance since December
The suspect in the murder of UnitedHealthcare CEO Brian Thompson, Luigi Mangione, will be back in a courtroom Friday for the first time since December. CBS News national correspondent Nikki ...CBS News - Feb. 21 -
Archaeologists Find a Pharaoh’s Tomb, the First Since King Tut’s, Egypt Says
The ministry of antiquities said the discovery of the tomb of Thutmose II, whose wife, Hatshepsut, took the throne after his death, was the first excavation of a royal tomb near the Valley of the ...The New York Times - Feb. 22 -
How Ukrainians are reacting to the three-year mark since Russia's invasion
Ukrainians are remembering Russia's invasions that began three years ago. This comes as President Trump's comments on the Ukraine-Russia war continue to reverberate around the world. CBS News' ...CBS News - Feb. 24
