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Labour Hoarding Era Ends: Amazon, UPS, and Meta Lead Corporate Mass Layoffs as Wall Street Cheers
The latest wave of job cuts sent stocks soaring, marking the end of the 'labour hoarding' era and signalling a new phase of cost-cutting across corporate America.
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PERSONAL FINANCE
Cathie Wood Offloads Millions of Biotech Shares, Ramps Stake in Veracyte Days Before Earnings Beat
Wood's Ark Invest bought over 665,690 shares of Veracyte for $22.8 million.
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BUSINESS
Extreme Fear' Once More Grips The Market As Bitcoin Goes Below $100K, Ethereum Erases All Gains For 2025
Geopolitical tensions and risk-off sentiment trigger massive crypto sell-off.
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PERSONAL FINANCE
Trump Indicates No SNAP Benefits During Shutdown, Contradicting His Own Administration's Court Filing
SNAP benefits help nearly 42 million Americans, making the program's disruption a pressing concern for those who rely on it.
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PERSONAL FINANCE
Mets Owner Steve Cohen Makes $64M Bet on Lionsgate Studios Just Days Before Earnings—Stepping Up Stake by 220%
Baird initiates coverage with 'Outperform' rating as Lionsgate's split from Starz and upcoming film slate boost prospects.
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