Baker McKenzie cuts up to 1,000 support roles amid AI-driven restructuring, sparking debate over automation and job losses.
Browsing: Economy
Nonfarm payrolls increased by 130,000 for January, above the Dow Jones consensus estimate for 55,000
Trump-backed World Liberty Financial launches World Swap forex remittance platform amid UAE investment conflict scrutiny.
US House rejects GOP bid to block challenges to Trump’s Canada tariffs, opening door for Democratic votes.
New studies show Trump-era tariffs are raising prices for U.S. households, with Americans paying most of the cost through higher consumer prices.
The White House announced a major step forward in United States-India economic relations, announcing the trade deal through join statement
Tech layoffs remain a major issue in early 2026 following a difficult 2025. Here are the major companies cutting jobs this year.
Bitcoin neared a break below $70,000 on Thursday, extending its decline as selling pressure showed little sign of slowing.
Boeing plans to move around 300 engineering jobs to South Carolina as it consolidates 787 production, raising union and workforce concerns
Amazon plans 2,200 job cuts in Washington, adding to massive layoffs as leadership restructures amid technology shifts.
IMF data shows India and China driving global growth in 2026, while the US ranks third amid shifting economic power.
The Indian finance minister’s latest budget favors continuity at a moment that calls for bold economic reinvention.
President Trump is expected to nominate former Fed governor Kevin Warsh, a familiar figure to lead the central bank.
Federal troop deployments ordered by President Trump in U.S. cities cost taxpayers nearly $500 million in 2025, raising questions.
Zohran Mamdani proposes higher taxes on NYC’s wealthy to address a $12B budget deficit and improve public services.
Trump urges families to open Trump accounts, government-backed child investment plans offering $1,000 seed and long-term wealth building.
India is set to sharply reduce tariffs on European car imports as it moves closer to sealing a free trade pact with the EU, sources say.
Reimagining national economies by blending entrepreneurial mysticism with economics to unlock imagination, innovation, and SME-led growth.
President Trump’s plan to form a new global “Board of Peace” is gaining some international support as well as concerns.
Some of California’s wealthiest residents are relocating to Florida because of the wealth tax affecting their lifestyle and finances.
Taiwan seeks deeper AI partnership with the United States through tariff cuts, tech investment, and strategic semiconductor cooperation.
US-educated FAANG professional struggles to find jobs in India, highlighting competition, layoffs, resume gaps and tough job market.
Oil prices dip as Trump signals delay on Iran military action, easing market fears amid ongoing U.S.–Iran tensions.
President Donald Trump’s feud with Federal Reserve Chair Jerome Powell is causing the market quite a bit of trouble
Banks and financial services stocks slid Monday after US Trump called for a one-year cap on credit card interest rates at 10%.