United States

Job cuts rise in November, forcing employees to focus on career amortization

Job cuts rise in November, forcing employees to focus on career amortization

Holger Scheibe | The image bank | Getty Images The rate of job cut announcements among U.S. employers in November was more than five times higher than a year ago, according to a report by Challenger, Gray & Christmas. Overall, US-based companies announced 76,835 job cuts in November, led by the technology sector. So far …

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Russian oil sanctions are about to come into effect.  And they could significantly disrupt the markets

Russian oil sanctions are about to come into effect. And they could significantly disrupt the markets

European oil sanctions are due to come into force on December 5. The idea is to reduce Russia’s oil revenues given its war in Ukraine. Andrei Rudakov | Bloomberg | Getty Images Upcoming sanctions on Russian oil could be “really disruptive” for energy markets if European countries fail to set a cap on prices, analysts …

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Brexit Britain stuck in the middle as US and EU go to war over trade

Brexit Britain stuck in the middle as US and EU go to war over trade

Press play to listen to this article Expressed by artificial intelligence. LONDON — Three years after leaving the EU to chart its own course, Britain finds itself caught between two economic behemoths in a brewing transatlantic trade war. In one corner is the United States, whose Congress passed the Biden administration’s vaunted $369 billion green …

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Tesla is still dominant, but its market share in the United States is eroding as cheaper electric vehicles arrive

Tesla is still dominant, but its market share in the United States is eroding as cheaper electric vehicles arrive

You’re here is still the best-selling electric vehicle brand in the United States, but its dominance is eroding as competitors offer a growing number of more affordable models, according to a report released Tuesday by S&P Global Mobility. The data company found that Tesla’s market share of new U.S.-registered electric vehicles was 65% in the …

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Amazon workers stage walkouts and protests on Black Friday

Amazon workers stage walkouts and protests on Black Friday

Amazon employees and their supporters have rallied in dozens of countries to protest the retail giant’s labor policies, activists say. From Germany and France to the United States, from India to Japan and the United Kingdom, Amazon workers lowered their tools or joined marches on Friday demanding better working conditions and fair wages. The actions …

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How Congress can make it easier to set aside money for emergency spending

How Congress can make it easier to set aside money for emergency spending

Thomas Barwick | Digital vision | Getty Images Many families struggle to come up with money when faced with an unexpected $400 expense. This lack of emergency savings may force them to borrow money at high interest rates to pay for the surprise expense, putting their financial security at risk. Congress now has a window …

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The chip war between the United States and China spills over into Europe |  CNN Business

The chip war between the United States and China spills over into Europe | CNN Business

hong kong CNN Business — Two European chip deals have run into trouble over their ties to China, a sign of concern spreading in the West about China’s potential control over critical infrastructure. Last week the new owner of Britain’s biggest chipmaker was ordered to reverse its takeover, just days after another chip factory sale …

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Seismic Changes in International Data Markets Require Broadband Internet Policy Update

Seismic Changes in International Data Markets Require Broadband Internet Policy Update

Thanks to parallel internets, the platforms have caused seismic changes in global data flows. Getty The global political movement to improve connectivity and bridge the digital divide has resulted in reports on international data markets and associated regulatory policies. The articles present sometimes confusing terminology: usage, transit, peering and interconnection. Each term has a specific …

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'Betrayed': FTX Collapse Signals End Crypto's 'Wild West' Days

‘Betrayed’: FTX Collapse Signals End Crypto’s ‘Wild West’ Days

Boston, United States – FTX used to be one of the largest cryptocurrency exchanges in the world – until earlier this month it collapsed within days. In the wake of the collapse of Sam Bankman-Fried’s crypto empire, increased government oversight and calls for tougher regulation threaten to spell the end of the freewheeling Wild West …

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