UPenn’s $79K H-1B data analyst filing sparks online backlash, reigniting debate over foreign hiring, universities, and American jobs.
Browsing: Economy
The U.S. market’s resilience amid Middle East turmoil, AI-driven cost cutting and global capital flight may reflect not economic strength, but the absence of viable alternatives elsewhere.
Cloudflare cuts 1,100 jobs globally as CEO defends AI-driven restructuring despite strong earnings and sharp stock market decline.
US lawmakers pressure Apple over Towson store closure, questioning rationale, job losses, and economic effects in Baltimore region.
Delta Air Lines cuts food service on short flights under 349 miles, sparking passenger backlash while citing cost efficiency and consistency.
Cognizant may cut up to 15,000 jobs globally, with India most affected as restructuring, AI adoption, and cost pressures reshape workforce.
AI is giving workers greater confidence to rethink career mobility. As employees build AI literacy, first-generation and international students may gain an edge in an uncertain U.S. job market.
A new report reveals which jobs are most and least at risk from AI, highlighting why human-driven roles like healthcare and skilled trades remain hard to automate.
Sergey Brin may leave California as proposed wealth tax sparks billionaire backlash, relocation fears, and revenue debate.
The new $15 billion hub in Visakhapatnam to provide the foundational infrastructure for India’s growing digital economy.
Federal Trade Commission says Americans lost $2.1 billion to social media scams in 2025, led by shopping and investment fraud.
Rising California living costs drive residents out of state, boosting affordability, savings, and homeownership chances elsewhere
Microsoft plans buyouts for 9,000 US employees as AI spending and soaring data center costs pressure margins.
In contrast 7 in 10 Indians are more optimistic about the next generation’s financial prospects.
Trump considers US UAE currency swap amid war tensions raising political risks and market implications for global stability
Shoppers accelerated their spending in March from February, but they spent most of their money at the gas pump
Jayapal introduces Ultra Millionaire Tax Act targeting wealth above fifty million to reduce inequality and fund public programs
Geopolitical uncertainty drives volatile markets creating trading opportunities through hedging strategies liquidity flows
Mamdani backs NYC tax on luxury second homes targeting wealthy absentee owners to fund housing and childcare programs
Nissan cuts 20000 jobs amid profit slump pivots to AI vehicles autonomous strategy and reduced model lineup for recovery
BBC chief frustrated after leak reveals 2000 job cuts plan sparking staff anger and undermining internal communication trust
NYC proposes tax on luxury second homes as officials target wealthy owners to address budget gaps and inequality
H-1B hiring slows as major companies cut filings job seekers report fewer opportunities and stricter experience requirements
US furniture retailers struggle as frozen housing market mortgage rates and tariffs drive bankruptcies closures and declining sales
USPS pauses pension contributions amid severe financial crisis declining mail volumes and Amazon deal strain agency survival