Business

Latest Business News: Economy, Finance, Markets, Money, Personal finance, insurance, Jobs, Law, Crypto

Jobs

Microsoft to Cut 4,800 Jobs as Xbox Restructure Signals a Bigger AI Shift

Rogers Bill
Microsoft is cutting 4,800 jobs, or about 2.1% of its global workforce, in a restructuring that hits Xbox especially hard and underscores how aggressively the...
Business

Oil Prices After Hormuz Reopening: Why the Market Is Falling and What Comes Next

Rogers Bill
The reopening of the Strait of Hormuz is pulling oil prices lower fast, as traders price in a surge of Gulf supply, thinner geopolitical risk...
Business

Inside OpenAI’s Proposal to Give the U.S. Government a 5% Slice of the AI Boom

Rogers Bill
OpenAI has reportedly floated giving the U.S. government a 5% stake in the company as part of a broader plan to share the gains of...
Economy

Nigeria Secures $1.25bn World Bank Facility Under New 2026–2032 Partnership as Debt Crosses $51bn

Adeyemi Daniel Adedayo
The World Bank has approved a fresh $1.25 billion loan for Nigeria, greenlighting a development policy financing operation that supporters say will accelerate jobs and...
Markets

Wall Street Today: S&P 500 and Nasdaq Hover Near Highs While Bubble Fears Swirl Around AI and Chip Stocks

Rogers Bill
U.S. stocks are poised to open slightly higher today, extending a powerful quarter‑end rally that has pushed the Dow Jones Industrial Average to fresh record...
Business

Powerball Winning Numbers for Saturday, June 27, 2026: Jackpot Climbs After No Grand Prize Winner

Rogers Bill
The winning numbers for Saturday night’s Powerball drawing on June 27, 2026 were 3, 16, 28, 30, 59 and the red Powerball 11, with a...
Business

Elon Musk Loses Trillionaire Status as SpaceX and Tesla Shares Tumble in Global Tech Sell‑Off

Rogers Bill
Elon Musk has fallen back below the trillion‑dollar mark less than two weeks after becoming the world’s first individual to reach it, as a sharp...
Markets

Wall Street Today: AI Giants Rebound After Sell‑Off, Dow Futures Mixed Ahead of Key Inflation Data

Rogers Bill
U.S. stock index futures edged higher early Wednesday, hinting at a rebound for Wall Street after a sharp two‑day tech sell‑off wiped more than $1...
Markets

Bitcoin, Ethereum Slip as Global Crypto Market Cap Falls Below $2.2T and ETF Demand Stays Weak

Rogers Bill
Crypto markets traded lower on Wednesday, with Bitcoin hovering around the mid‑$62,000s and Ethereum under $1,700, as persistent ETF outflows, weak institutional demand and a...
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