GM and Stellantis Lay off Workers as UAW Deadline Nears
In a development that signals increasing tensions between automotive giants and the United Auto Workers (UAW), General Motors (GM) and Stellantis have initiated layoffs amidst
Home
Page 224
Unemployment Benefits Applications at 8-Month Low
Applications for unemployment benefits in the United States have plunged to their lowest point in eight months, underscoring the robustness of the labor market despite
Rupert Murdoch Hands Fox Corp Reigns to Lachlan
Media tycoon Rupert Murdoch has officially relinquished his role as chairman of Fox Corp and News Corp, drawing the curtain on an illustrious career spanning
Cisco Systems Makes Historic $28 Billion Acquisition of Splunk
In a landmark move, Cisco Systems has announced its acquisition of cybersecurity giant Splunk for a staggering $28 billion, marking the largest deal in the
Tough Housing Market Puts Pressure on Homebuyers in August
Homebuyers grappled with an increasingly challenging housing market in August, as revealed by data from the National Association of Realtors (NAR). Existing home sales saw
Instacart Nasdaq Debut: Stock Market Rollercoaster
As of Wednesday’s market close, the stock of Instacart witnessed a nearly 11% decline, with premarket trading on Thursday showing continued strain. However, a modest
Bank of England Holds Key Rate at 5.25% Amidst 15-Year High
The Bank of England announced on Thursday that it would keep its key interest rate unchanged at 5.25%, marking the highest level in 15 years.
Tech Stocks Decline Amid Fed’s Rate Decision
In a turn of events that rattled the stock market, tech stocks experienced a notable decline on Thursday as investors responded unfavorably to the Federal
Stocks Dip on Federal Reserve’s Steady Rates Decision
In a response to the Federal Reserve’s decision to maintain interest rates, stocks experienced a downturn on Wednesday. The Dow Jones Industrial Average concluded the
Klaviyo Shares Surge 23%, Market Valuation Reaches $11.3B
In a remarkable debut on the New York Stock Exchange (NYSE) on Wednesday, Boston-based marketing automation firm Klaviyo witnessed its shares surge by almost 23%,
