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Amazon to cut 16,000 corporate jobs as AI push deepens, bureaucracy trimmed

Amazon.com Inc. said on Wednesday it plans to cut about 16,000 corporate jobs, marking a second major round of layoffs in three…
Stock

AI-driven job cuts accelerate globally as UK becomes early warning

“I was doing Dry January for the trend and health benefits, but now that I have been laid off, I think this…
Stock

US futures rise as Fed decision looms; Tesla and Meta to announce results 

US stock index futures climbed on Wednesday as investors positioned ahead of the Federal Reserve’s interest rate decision and a closely watched…
Stock

Micron to invest $24B in chip manufacturing plant in Singapore

Micron Technology is expanding its manufacturing base in Singapore as global memory markets come under growing strain from AI-driven demand. The US-based…
Stock

Why Trump’s housing market initiatives won’t help much in the long run

US President Donald Trump has made housing affordability a centrepiece of his economic agenda, recently announcing policies designed to increase homeownership. From…
Stock

EU car sales rise 1.8% in 2025 as EVs gain share; Tesla suffers sharp drop

New car sales in the European Union rose modestly last year, driven by growing demand for electric vehicles, though overall volumes remain…
Stock

India US trade deal talks near finish as tariff tensions linger

A long-awaited trade agreement between India and the United States is moving closer to completion, even as tariff frictions and geopolitical crosscurrents…
Stock

Microsoft Q2 results: Can Azure growth match rising AI spending

Microsoft is set to report its fiscal second-quarter 2026 earnings on January 28, after market close, with investors closely watching whether strong…
Stock

Analysis: gold breaches $5,000, silver tops $100; experts see more gains

For a while now, experts have said that gold and silver prices may experience significant corrections before moving higher. But it seems…
Stock

Synthesia raises $200M at $4B valuation with Nvidia, Alphabet among backers

British artificial intelligence company Synthesia has raised $200 million in a Series E funding round, valuing the business at $4 billion and…
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