Business

Recruit Holdings is eliminating about 1,300 jobs at Indeed and Glassdoor through layoffs.The Japan-based parent company announced the layoffs at the two websites Thursday, saying the move will trim the workforce of its HR technology segment by roughly 6%.Recruit Holdings and Indeed CEO Hisayuki Idekoba said in an email to employees that the company "must adapt by ensuring our product delivers truly great experiences for jobseekers and employers" as artificial […]

There are any number of rumors that Jay Powell is being forced to resign. President Donald Trump, of course, is on his case daily for not dropping interest rates in line with low inflation.Just a few moments ago, William Pulte, head of the Federal Housing Finance Agency that regulates Fannie Mae and Freddie Mac and oversees the eleven federal home loan banks, issued a statement, saying: "I'm encouraged by reports […]

Real estate agents are reporting a surge in wealthy New Yorkers heading south after Zohran Mamdani's historic win in the city's mayoral primary. Mamdani, a far-left assembly member from Queens, ran on a campaign pushing progressive policies like a citywide rent freeze, taxpayer-funded childcare and "fast and free" public buses. It garnered him 565,639 votes. However, the city's wealthy, including business owners, are concerned about the financial effects of some of […]

President Donald Trump is slated to meet energy and tech titans in Pennsylvania next week as the state seeks to leverage growing national demand for energy and artificial intelligence.Pennsylvania Republican Sen. Dave McCormick's inaugural Energy and Innovation Summit in Pittsburgh will convene on Tuesday. Carnegie Mellon University — a bellwether in computer science, artificial intelligence and robotics engineering — will host the forum.Trump has made energy dominance and the race […]

A Trump administration official is demanding answers from Federal Reserve Chair Jerome Powell over the central bank's renovations project amid the president's pressure on the Fed chair to cut interest rates.Office of Management and Budget (OMB) Director Russell Vought sent a letter to Powell on Thursday saying that President Donald Trump is "extremely troubled by your management of the Federal Reserve System."Vought wrote that the Fed has "plowed ahead with an ostentatious […]

About 850,000 water bottles sold at Walmart are being recalled after customers reported being struck in the face with the lid, causing some to permanently lose their vision.  The lid of the Ozark Trail 64 oz. Stainless Steel Insulated Water Bottles can forcefully eject, causing "serious impact and laceration hazards," according to the Consumer Product Safety Commission (CPSC). The regulatory agency said this occurs when people attempt to open the capped […]

President Donald Trump signed Republicans' signature tax cut and spending package into law last week, which includes several key policies aimed at expanding domestic energy development.Trump campaigned on reversing Biden administration policies he viewed as constraining American energy development, and the One Big Beautiful Bill Act (OBBBA) contains several key provisions that will aim to boost domestic production. Here's a look at some of the notable provisions.TRUMP'S ENERGY DEPARTMENT WARNS AMERICANS COULD FACE […]

Artificial Intelligence and automation are often used interchangeably. While the technologies are similar, the concepts are different. Automation is often used to reduce human labor for routine or predictable tasks, while A.I. simulates human intelligence that can eventually act independently."Artificial intelligence is a way of making workers more productive, and whether or not that enhanced productivity leads to more jobs or less jobs really depends on a field-by-field basis," said […]

Phoenix Suns star Devin Booker signed a contract that will reportedly make him the highest-paid player in NBA history.Booker, 28, signed a two-year, $145 million maximum contract extension with the Suns through the 2029-2030 season, according to ESPN. Booker’s annual salary of $72.5 million after the extension is the richest annual average for a contract in NBA history. Booker’s contract is now for five years and $316 million. CLICK HERE FOR MORE […]