June 17, 2024

May 2023

Meta begins third round of layoffs: reports
Market Watch

Meta begins third round of layoffs: reports

Meta Platforms Inc. has started to execute on its latest round of layoffs, according to reports. The third round of cuts is part of a plan that Meta META Chief Executive Mark Zuckerberg announced in March in an effort to further slash costs at the social-media company. He said at…

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Dow ends lower as debt-ceiling deal goes to Congress
Market Watch

Dow ends lower as debt-ceiling deal goes to Congress

U.S. stocks ended mixed Tuesday, as investors weighed news of a debt ceiling deal that needs to quickly pass in Congress, technology stock gains driven by the promise of artificial intelligence software, and the ongoing question of whether more interest rate hikes are coming from the Federal Reserve. How stocks…

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