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US Jobs Report Slams Door on a Fed Jul. Rate Cut

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.

The New York Times · 1d

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.

New York Post on MSN · 1d

June jobs report comes in stronger than expected — tanking hopes that the Fed will cut rates this month

The Labor Department reported Thursday that the US economy added 147,000 jobs in June, beating the 110,000 gain forecast by economists.

Microsoft to cut up to 9,000 more jobs

Fortune on MSN · 2d

Microsoft lays off 9,000 in AI drive, bringing total job cuts to 15,000 this year

I think that AI and generative AI specifically is the most transformative technology of our lifetime, which is saying a lot, given that we have had the internet,” he told CNBC.

Bloomberg on MSN · 2d

Microsoft Makes Deep Job Cuts Across Xbox Division, Cancels Games

News of further job cuts trickled out slowly as other units of Microsoft Gaming, such as Call of Duty studios Raven Software and Sledgehammer Games as well as Halo Studios and Forza Motorsport developer Turn 10 Studios, also announced workforce reductions, according to the people familiar.

BBC on MSN · 1d

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

Microsoft has confirmed that it will lay off as many as 9,000 workers, in the technology 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.

33mon MSN

Tech Layoffs 2025: Over 1 lakh jobs cut as Microsoft, Google, Amazon lead mass firings; is AI to blame

The tech industry is experiencing significant job cuts in 2025, with over 100,000 positions eliminated across major companies ...

18h

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 ...

11hon 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 ...

1d

Uniper to cut 400 jobs over 'challenging' market environment

German state-owned utility Uniper on Thursday said it was planning to cut 400 jobs, or around 5% of its staff, citing a ...

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 ...

4don MSN

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 ...

2don MSN

Some Colorado space jobs and research funding in jeopardy with federal budget cuts under consideration

Cuts to NASA funding are included in proposed federal budget cuts, and that might have a big impact for some researchers at ...

3d

Michigan State University job cuts amid financial uncertainty

Ryan Wach said his son Zane Wach, 14, experienced altitude sickness while climbing California's Mount Whitney and seemed to ...

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