Economy
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BT, the British telecom giant, is set to eliminate as many as 55,000 jobs by the year 2030
BT Group plans to eliminate a substantial number of jobs, with up to 55,000 positions being phased out between 2028…
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Microsoft opts not to grant salary increases to its full-time employees this year
Microsoft has decided to postpone salary increases for full-time employees this year, following the provision of raises to certain employees…
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Vodafone shares plummet by 4% after slashing a record 11,000 jobs, with the CEO stressing the urgent necessity for the telco to adapt and evolve
On Tuesday, Vodafone shares experienced a decline of up to 4% following the announcement made by the British telecommunications company.…
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Despite a decline in mortgage demand, consumer debt has reached an unprecedented milestone, surpassing $17 trillion for the first time
In the first quarter of 2023, the total amount of consumer debt reached a record high, surpassing $17 trillion. During…
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Goldman Sachs has agreed to pay $215 million as a settlement in a discrimination case brought by female employees
Goldman Sachs has agreed to pay $215 million to resolve a lengthy class-action lawsuit alleging sex discrimination. The lawsuit involved…
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Several Hundred Full-Time Contract Workers Have Been Cut by General Motors
Over the weekend, General Motors Co implemented a workforce reduction that affected several hundred full-time contract employees, including those at…
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The Bond Market Is Showing Signs Of Anxiety Regarding The United States’ Debt Of $31.4 Trillion
The ongoing stalemate in Washington is proving to be a financial burden for investors, and it appears that the costs…
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Intel Has Announced Its Biggest-Ever Quarterly Loss
Intel released its first-quarter financial results on Wednesday, which revealed a significant decline of 133% in earnings per share compared…
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Merck’s revenue has declined following a significant drop in sales of their COVID antiviral treatment.
Merck’s revenue for the first quarter dropped by 9% compared to the previous year, primarily due to a significant decline…
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Alaska’s hunger problem worsens as issues with food stamps persist.
The pandemic, inflation, and the aftermath of a typhoon have worsened the hunger crisis in Alaska, especially for those relying…
