Economy

Job cuts in October hit highest level for the month in 22 years, Challenger says

Job cuts in October hit highest level for the month in 22 years, Challenger says

Layoff announcements soared in October as companies recalibrated staffing levels during the artificial intelligence boom, a sign of potential trouble ahead for the labor market, accordin...

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The fuel for the AI boom driving the markets is advertising. It is also an existential risk.

The fuel for the AI boom driving the markets is advertising. It is also an existential risk.

Sam Altman, chief executive officer of OpenAI Inc., during a media tour of the Stargate AI data center in Abilene, Texas, US, on Tuesday, Sept. 23, 2025. Kyle Grillot | Bloomberg | Getty Images...

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Trump cuts fentanyl tariffs on China to 10% as Beijing delays rare earth curbs

Trump cuts fentanyl tariffs on China to 10% as Beijing delays rare earth curbs

BUSAN, SOUTH KOREA – OCTOBER 30: U.S. President Donald Trump (R) speaks with Chinese President Xi Jinping during a bilateral meeting at Gimhae Air Base on October 30, 2025 in Busan, South...

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Xi strikes conciliatory tone as he meets Trump in South Korea

Xi strikes conciliatory tone as he meets Trump in South Korea

U.S. President Donald Trump greets Chinese President Xi Jinping ahead of a bilateral meeting at Gimhae Air Base on October 30, 2025 in Busan, South Korea. Andrew Harnik | Getty Images News | G...

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From NEOM to AI and tourism, Saudi Arabia’s priorities are shifting

From NEOM to AI and tourism, Saudi Arabia’s priorities are shifting

Digital render of NEOM’s The Line project in Saudi Arabia The Line, NEOM When Saudi Arabia first announced plans to reinvent its oil-based economy, huge infrastructure projec...

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