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US Unemployment Claims Rise as Layoffs Increase, Indicating Weak Labor Market

Initial jobless claims in the US have surged to their highest level since August 2023, indicating potential challenges in the strong labor market. Employers are increasing layoffs despite recent positive hiring trends.


Google Employees Grill Executives Over Pay Raises and Morale Issues

Google employees express concerns over management decisions and treatment, citing issues such as stagnant compensation, lack of transparency in cost-cutting measures, and job security worries despite ..

Donald Trump's Estate Tax Cut Renewal Spells $4.6 Trillion Price Tag, Congressional Estimates Reveal

The Congressional Budget Office disclosed that extending the measure would result in an additional cost of $1.1 trillion compared to initial estimates...

Joe Biden Mocks Donald Trump Over Failed Foxconn Project in Wisconsin as He Lauds New Microsoft Center on Same Site

President Joe Biden has touted Microsoft's $3.3 billion investment plan to build a new AI data center in Wisconsin, contrasting it with the unfulfilled Foxconn deal negotiated during Donald Trump's pr..


Latest News

Joe Biden's Capital Gains Tax Increase Proposal Could Significantly Harm the US Economy, Experts Say
The plan of President Joe Biden to increase the top capital gains tax rate to a historic level has drawn sharp criticism from economic experts.
Federal Student Aid Chief Richard Cordray Steps Down Amid Escalating FAFSA Fiasco
FAFSA processing delays have disrupted admissions timelines at colleges, leaving students and families in limbo about their upcoming financial aid status.
Businessman Attacks Parish Councilor Over Bird Nest Dispute, Dragging Him By His Hair!
The businessman was identified as 65-year-old Chris Makin. The one he attacked is a 63-year-old local resident and parish councilor named Andrew Mason,
Elon Musk Vs. Australia: X Opposes Demand To Remove Bishop Attack Video Globally
Elon Musk's X said that no government should possess such authority.
Is Sundar Pichai the Right General for Google's AI Battle? Experts Say Yes After 2024 Q1 Earnings Blowout
Experts said that Sundar Pichai is the right general for Google's AI battle. Here's why.
Maryland Athletic Director Uses AI-Generated Recording to Frame up Principal as Revenge Over Fraud Investigation Against Him
An ex-athletic director from a high school has been arrested for fabricating an AI-generated voice recording to falsely implicate the school's principal in making racist comments.
HYBE Files Police Report Against NewJeans Label CEO Min Hee-Jin Amid ADOR Exec's Emotional Press Conference
According to HYBE's statement, they have substantial evidence supporting their claims against Min Hee-Jin.
Businessman Who Shot His Wife to Death Thinking She Was an Intruder Gets Only 12 Years in Prison
A South African businessman was sentenced to 12 years in prison for shooting his wife to death after he mistook her for an intruder in their home.
US Secretary of State Antony Blinken Calls on China to Treat American Companies Fairly During Visit to Shanghai
US Secretary of State Antony Blinken has emphasized the importance of fair treatment for American businesses during his visit to China.
Walmart Founder's Son Rob Walton to Step Down From Board
Walmart announced on Thursday that Rob Walton, the longest-serving member of its board, will step down from his position.
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