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Traders pare bets on Fed rate cuts

The New York Times · 22h

Solid Jobs Report Keeps Fed Rate Cuts at Bay

The latest labor market data reinforces the central bank’s wait-and-see approach to lowering borrowing costs, despite pressure from President Trump.

Insider on MSN · 1d

The jobs report has dashed hopes of a rate cut this summer

The June jobs report cratered the odds for a July rate cut. Stocks cheered the strong data but dimmer rate-cut views prevented bigger gains.

Bloomberg on MSN · 22h

Jobs Report Takes Pressure Off Fed to Cut Rates

Headline numbers from the June jobs report took pressure off the Federal Reserve to consider an interest-rate cut later this month, likely leaving the central bank on hold at least until the fall.

Microsoft to cut up to 9,000 jobs

Microsoft to cut about 4% of jobs amid hefty AI bets

Microsoft will lay off nearly 4% of its workforce, the company said on Wednesday, in the latest job cuts as the tech giant looks to rein in costs amid hefty investments in artificial intelligence infrastructure.

UPI on MSN · 1d

Microsoft cuts 9K jobs in 4th round of layoffs this year

Software giant Microsoft on Wednesday said that, once again, thousands in its global workforce will be laid off across multiple levels as the company strives for a slimmer operation.

BBC on MSN · 1d

Microsoft to cut up to 9,000 jobs as it invests in AI

Microsoft has confirmed that it will lay-off as many as 9,000 workers, in the tech giant's latest wave of job cuts this year. The company said several divisions would be affected without specifying which ones but reports suggest that its Xbox video gaming unit will be hit.

20hon MSN

Dollar gains after strong US jobs data stretches market hopes of Fed cut

The U.S. dollar rose against major currencies, including the yen, euro and Swiss franc on Thursday, after data showing the ...

1don MSN

The first AI job cuts are already here

The real-world effects that AI will have on the white-collar workforce are starting to come into focus, said Chip Cutter and ...

8hon MSN

Unemployment claims drop as job cuts in US remain low

Fewer Americans applied for unemployment benefits last week as job cuts in the U.S. remain low despite uncertainty about how ...

1don MSN

Microsoft Makes Deep Job Cuts Across Xbox Division, Cancels Games

Microsoft’s Stockholm-based King division, which makes Candy Crush, is cutting 10% of its staff, or about 200 jobs, according ...

2hon MSN

Here’s every game cancelled by Xbox after devastating job cuts

Microsoft's latest round of layoffs has ended development on a number of games, ranging from Everwild to an unannounced ...

4d

IRS job cuts could slow service during 2026 tax season, expert says

National Taxpayer Advocate rings warning bell about how much the IRS will be prepared for 2026 tax season, given job cuts and ...

15h

Nurses protest layoffs at UCSD Health, demand reversal of job cuts

Nurses and healthcare workers at UCSD Health protested on Thursday, demanding the reversal of recent layoffs that left more ...

1don MSN

Family-owned bakers planning to cut up to 250 jobs

Up to 250 job cuts are planned at a family-owned Cheshire bakery firm that was hit by a factory fire two years ago. Roberts ...

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