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US Job Cuts Rise 38% In April As AI-Driven Layoffs Hit Hiring Plans

by Tanya Rawat | May 8, 2026 | General

U.S.-based employers announced 83,387 job cuts in April, up 38% from March, according to a report released Thursday by Challenger, Gray & Christmas. The April total was down 21% from the 105,441 cuts announced during the same month last year. Still, it marked the...

Boeing’s China Order Hopes Revive As Trump Invites CEO To Beijing Visit: Report

by Badar Shaikh | May 8, 2026 | General

The Donald Trump administration is reportedly inviting several tech and business leaders to accompany the President on his trip to Beijing next week. Trump Invites CEOs To Beijing The planned invitees include Boeing Co. (NYSE:BA) CEO Kelly Ortberg, Nvidia Corp.‘s...

Trump’s 10% Global Tariffs Ruled Illegal By US Trade Court: Here’s What To Know

by Tanya Rawat | May 8, 2026 | General

A panel of judges at the United States Court of International Trade ruled Thursday that Donald Trump’s 10% global tariffs imposed under Section 122 of the Trade Act of 1974 were “unauthorized by law.” In a 2-1 ruling, the court found the...
Paramount Skydance-WBD Merger: $2.9 Billion Loss, Netflix ‘Termination Fee’ And Tech Overhaul

Paramount Skydance-WBD Merger: $2.9 Billion Loss, Netflix ‘Termination Fee’ And Tech Overhaul

by Rishabh Mishra | May 8, 2026 | General

As Paramount Skydance Corp. (NASDAQ:PSKY) prepares its technology infrastructure to absorb Warner Bros. Discovery Inc. (NASDAQ:WBD), the financial realities of the looming mega-merger are coming into sharp focus, highlighted by WBD’s massive $2.9 billion...

Tucker Carlson Says Iran War Exposed ‘Fake’ And ‘Bizarre’ Markets Enriching Elites: ‘It’s Become Too Obvious To Deny…’

by Eva Mathew | May 8, 2026 | General

Public markets are “fake,” some elites are getting rich off the Iran war, and markets are behaving irrationally, according to conservative political commentator Tucker Carlson, who launched a blistering attack on financial markets and political elites in a lengthy...
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