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

Insider on MSN · 19h

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 · 16h

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.

MarketWatch on MSN · 21h

The June jobs report showed a bigger-than-expected increase in employment. The Fed’s rate cuts are on hold for now.

The U.S. added a decent 147,000 jobs in June that pointed to resilience in the labor market, but the pace of hiring has slowed since last year as businesses grapple with trade wars and an immigration crackdown.

Microsoft to cut about 4% of jobs

BBC on MSN · 22h

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.

Microsoft to cut about 4% of jobs amid hefty AI bets

Microsoft will lay off nearly 4% of its workforce, the company said on Wednesday, in the latest job cuts as the tech giant looks to rein in costs amid hefty investments in artificial intelligence infrastructure.

UPI on MSN · 1d

Microsoft cuts 9K jobs in 4th round of layoffs this year

Software giant Microsoft on Wednesday said that, once again, thousands in its global workforce will be laid off across multiple levels as the company strives for a slimmer operation.

15hon MSN

Dollar gains after strong US jobs data stretches market hopes of Fed cut

The U.S. dollar rose against major currencies, including the yen, euro and Swiss franc on Thursday, after data showing the ...

PCMag on MSN1d

Microsoft Cuts 9,000 Jobs, Cancels Xbox Games Including Perfect Dark Reboot

Microsoft is reducing its global workforce by nearly 4%. Gaming is among the departments affected, and as a result, Xbox has ...

20hon 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 ...

3don 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 ...

2d

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 ...

2don MSN

Intel layoffs: Chipmaker announces dozens more Bay Area job cuts

In the latest round of Bay Area tech layoffs, chipmaker Intel announced dozens of new job cuts. The cuts, according to state ...

3d

Job cuts at Whirlpool's Amana factory reduced but union is still wary

Union leaders representing workers at Whirlpool's Amana factory criticize job cuts and say the move is counter to bolstering U.S. production.

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