The U.S. just unexpectedly lost 92,000 jobs. Here’s how that could affect Fed interest rates, gas prices, and the Iran war

Jennifer Mattson / fastcompany - The latest U.S. jobs report is out and it isn’t pretty. The economy lost 92,000 jobs in February, missing expectations, as unemployment rose to 4.4%, according to data from the Labor Department. Economists had expected 60,000 new jobs in February.“The hea…

Back to Top / Friday, March 6, 2026, 2:21 pm / permalink 20282 / 8 stories in 9 hrs

Amazon May Announce Thousands of Corporate Job Cuts Next Week

Laurent Giret / thurrott - Amazon is reportedly preparing to announce thousands of corporate job cuts next week, with the layoffs mostly affecting AWS, retail, and HR units.The post Amazon May Announce Thousands of Corporate Job Cuts Next Week appeared first on Thurrott.com.

Back to Top / Friday, January 23, 2026, 6:21 pm / permalink 18351 / 4 stories in 6 wks

Oracle (ORCL) Stock Tumbles as Revenue Misses and Guidance Falls Short

Trader Edge / parameter - TLDR Oracle posted Q2 adjusted EPS of $2.26 versus $1.64 consensus, boosted by $2.7 billion Ampere stake sale Quarterly revenue of $16.06 billion fell short of $16.19 billion estimate despite 14% year-over-year increase Cloud infrastructure revenue surged…

Back to Top / Thursday, December 11, 2025, 11:21 am / permalink 16839 / 9 stories in 2 months

Bitcoin Continues Steep Decline, Down 34% Since Early October

Matt Novak / gizmodo - The crypto bros are tired of winning.

Back to Top / Friday, November 21, 2025, 11:21 am / permalink 16178 / 5 stories in 3 months

Bitcoin has sunk to a six-month low amid jitters over the Fed

Alex Daniel / qz - Traders have reacted to renewed uncertainty over whether the central bank will cut interest rates at its next meeting in December

Back to Top / Monday, November 17, 2025, 8:21 am / permalink 16033 / 4 stories in 3 months

Bitcoin Drops Below $95,000 Amid Concerns About Interest Rates and AI Investments

PYMNTS / pymnts - Bitcoin reportedly declined for a fourth day on Friday (Nov. 14), dropping as low as $94,491.22 early in the day. Week to date, the cryptocurrency was down nearly 9%, CNBC reported Friday. The report attributed Bitcoin’s decline in part to investors selli…

Back to Top / Friday, November 14, 2025, 6:21 pm / permalink 15973 / 3 stories in 3 months

Is Wall Street losing faith in AI?

Anthony Ha / techcrunch - A rough week for tech stocks might signal a loss of investor confidence in artificial intelligence.

Back to Top / Saturday, November 8, 2025, 4:20 pm / permalink 15806 / 5 stories in 3 months

Ford Considers Scrapping F-150 EV Truck

BeauHD / slashdot - According to the Wall Street Journal, Ford executives are considering scrapping the electric version of the F-150 pickup truck as losses, supply setbacks, slow sales, and the arrival of a cheaper midsize EV truck undermine the business case for its full-s…

Back to Top / Thursday, November 6, 2025, 7:20 pm / permalink 15751 / 3 stories in 4 months

Michael Burry a.k.a. "Big Short",discloses $1.1B bet against Nvidia&Palantir

sherwood - Comments

Back to Top / Tuesday, November 4, 2025, 12:22 pm / permalink 15651 / 6 stories in 4 months

Milei Wins Mandate for Free-Market Revolution in Argentina's Election

wsj - Comments

Back to Top / Monday, October 27, 2025, 12:20 am / permalink 15432 / 3 stories in 4 months

GM’s EV push will cost it $1.6 billion in Q3 with end of the tax credit

Jonathan M. Gitlin / arstechnica - With EV demand predicted to plummet, GM has rejiggered its production plans.

Back to Top / Tuesday, October 14, 2025, 11:22 am / permalink 15117 / 4 stories in 4 months

JPMorgan CEO Dimon issues stark warning on US economic slowdown

JPMorgan CEO Jamie Dimon cautioned that the US economy is showing signs of slowing down amid unsettling labor market trends. His remarks, delivered in a recent address, highlight growing concerns among investors over a potentially murky economic horizon, leaving many to wonder if the headwinds are just beginning.

Back to Top / Tuesday, September 9, 2025, 8:20 pm / permalink 14207 / 1 stories in 5 months

Samsung second-quarter profit more than halves, missing expectations, weighed by slump in chip business

cnbc - Samsung Electronics reported a second-quarter operating profit that missed expectations and more than halved from the same period last year.

Back to Top / Wednesday, July 30, 2025, 8:20 pm / permalink 11310 / 2 stories in 7 months

Samsung predicts profit slump as its HBM3e apparently continues to underwhelm Nvidia

Tobias Mann / theregister - Markets advised to brace for 45 percent fall from Q1 to Q2 Analysis During the AI gold rush, the next best thing to selling the shovels – that is, the GPUs –is manufacturing the silicon that makes them possible. But while TSMC and SK-Hynix continue to cas…

Back to Top / Monday, July 7, 2025, 8:20 pm / permalink 9576 / 3 stories in 7 months

Warner Bros. Discovery is splitting into two companies

Jess Weatherbed / theverge - Warner Bros. Discovery has announced plans to split itself into two companies, separating its streaming and studios divisions from its linear television businesses. The split is expected to be completed by mid-2026 and is supposed to help “maximize the po…

Back to Top / Monday, June 9, 2025, 8:21 am / permalink 7278 / 13 stories in 8 months

Builder.ai Files for Insolvency Amid Costly Missteps and Financial Turbulence

Once a promising AI-powered software unicorn, Builder.ai has filed for insolvency following worrisome revenue restatements and strategic blunders. The collapse casts a stark, almost ironic light on the perils of rushed innovation in tech startups, proving that even the brightest ideas can fizzle out.

Back to Top / Wednesday, May 21, 2025, 12:21 pm / permalink 5178 / 3 stories in 9 months

Moody’s Drops US Triple-A Rating Amid Fiscal Jitters

Moody’s has finally waved goodbye to the United States’ once-pristine triple-A rating, downgrading it amid escalating fiscal insecurities and market jitters. This decisive move underscores deepening concerns over U.S. economic policies and budget debates, leaving investors to wonder if the nation’s financial cachet can ever fully bounce back.

Back to Top / Friday, May 16, 2025, 5:20 pm / permalink 4917 / 1 stories in 9 months