Kevin Warsh comes into the Fed facing a big ‘family fight’ over cutting interest rates
Kevin Warsh, nominee for US Federal Reserve Chair, testifies during a Senate Banking Committee hearing on his nomination on Capitol ...
Tag: cutting
Cisco’s stock pops 17% on surging AI orders, as company says it’s cutting almost 4,000 jobs
Cisco CEO Chuck Robbins speaks at the Semafor World Economy summit in Washington on April 15, 2026.Alex Wong | Getty ...
GM cutting hundreds of salaried IT workers as it trims costs, evaluates needs
The General Motors global headquarters in Detroit, Jan. 12, 2026.Jeff Kowalsky | Bloomberg | Getty ImagesDETROIT – General Motors is ...
Musk’s Starlink rival Eutelsat shares plummet 7% after report of SoftBank cutting its stake
French satellite group Eutelsat, often seen as Europe's answer to Elon Musk's Starlink, saw its share price plummet Wednesday following ...
The FAA is set to start cutting flights to contend with delays and staffing shortages
The Federal Aviation Administration will begin cutting the number of flights in the "high traffic" parts of the country as ...
IBM cutting thousands of jobs in the fourth quarter
Arvind Krishna, CEO of IBM, arrives for the Inaugural AI Insight Forum in Russell Building on Capitol Hill, on Wednesday, ...
Behind the wave of white-collar layoffs: Old-school cost cutting, tariffs and, yes, AI
Corporate America is getting rocked by historic rounds of white-collar layoffs, leading some to wonder: Has AI finally come for ...
Chicago Fed President Goolsbee ‘a little wary’ about cutting interest rates too quickly
Chicago Federal Reserve President Austan Goolsbee said Friday he's leery of cutting interest rates too quickly as threats increase both ...
Waller, in the running for chair, says Fed should start cutting this month and can adjust pace
Federal Reserve Governor Christopher Waller speaks during The Clearing House Annual Conference in New York City on Nov. 12, 2024.Brendan ...
GM cutting jobs, idling Canadian electric van plant due to ‘market demand’
Brightdrop EV600 vanSource: BrightdropDETROIT — General Motors is cutting production of its all-electric BrightDrop delivery vans at a plant in ...
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