Amazon Cuts 16,000 Jobs As Tech Layoffs Accelerate In 2026
Amazon is laying off about 16,000 more employees as it works to cut bureaucracy and respond to growing competition from AI.
The move follows October’s 14,000 job cuts and the clos…
USD Pops, Yen Drops As TsySec Bessent Says “Absolutely Not Intervening”
US Treasury Secretary Scott Bessent told CNBC Sara Eisen this morning that “the US always has a strong dollar policy”.
This statement comes after President Trump’s ap…
Trump Unveils Mercantilism 101
By Benjamin Picton, Senior Market Strategist at Rabobank
The de-Dollarisation meme rolled on yesterday as the Bloomberg Dollar spot index sank to its lowest reading since February of 2022. The fall became pr…
“Not A Pullback”: Trump Dismisses Bovino Departure As Border Czar Homan Meets With Gov. Walz, Mayor Frey
Authored by Aldgra Fredly via The Epoch Times,
Border czar Tom Homan said on Jan. 27 that he met with Minnesota Gov. Tim Walz and Min…
“America Is Back!!”: President Trump Celebrates S&P Topping 7,000 As ‘Gamma Wall’ Looms
After continuously hitting the ‘Gamma Wall’ discussed by Goldman’s Brian Garrett…
…the S&P 500 index opened higher this morning after strong res…
Rubio Says We Must “Preemptively Prevent” Iran From Attacking US Forces Already In Region
Update(1629ET): One Mideast regional analyst has pointed to a significant contradiction in the current White House stance and rhetoric on Iran, amid …
TikTok Users Report Trouble Posting About Epstein, ICE, Days After Company Finalizes Sale To US Investors
Censorship concerns are back in the spotlight after TikTok users claim to be having trouble posting about Jeffrey Epstein and ICE rai…
US Stocks Set To Open At Record High On Blowout Tech Earnings Ahead Of Fed, Mag 7
US equity futures are rallying into record territory, led by Tech as overnight earnings (ASML, SK Hynix, STX, TXN) boost the group and help fuel the AI trade…
Deutsche Bank Shares Tumble After Offices Raided In Money-Laundering Probe
Deutsche Bank shares are down over 3% in early trading following reports that German police raided their offices in Frankfurt and in Berlin on Wednesday morning, as…
ASML Shares Go Bananas After Bookings Bonanza, Job Cuts
Shares in ASML, Europe’s most valuable company which builds the ‘printing presses’ for modern microchips, exploded higher in Wednesday trade after Q4 orders blew past analyst estimate…
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