Meta said Thursday it would cut about 8,000 jobs, or roughly 10% of its workforce, as the company pushes further into artificial intelligence spending while trying to improve efficiency. The company said the reductions are meant to free up resources for new investments in other parts of the business. Bloomberg also reported that Meta plans to leave about 6,000 positions…
Sales at U.S. retailers and restaurants in September increased by a modest 0.2% from August, according to the Commerce Department’s delayed monthly report, released after the federal government shutdown temporarily halted the publication of economic data. The rise marked a clear downshift from the stronger gains of 0.6% recorded in both July and August, and the 1% jump in June,…
At Old Brick Farm in Chelsea, Michigan, farmer Larry Doll has watched a national disease crisis unfold while his own barns stayed healthy. His family’s operation, founded in 1864, escaped recent waves of highly pathogenic bird flu and avian metapneumovirus that have swept through U.S. flocks, killing more than 2 million turkeys in the past three months and pushing the…
Screens filled with red numbers have become a familiar sight for traders in recent sessions, as major equity benchmarks swing sharply in response to shifting expectations for growth, inflation and interest rates. In the United States, the Dow Jones Industrial Average recently dropped nearly 500 points, while the S&P 500 and Nasdaq Composite also posted losses of around 1% in…
Sales of previously occupied U.S. homes picked up in October 2025, reaching their quickest pace since February as easing borrowing costs lured more buyers back into the market. Existing home sales rose 1.2% from September to a seasonally adjusted annual rate of 4.10 million units, according to the National Association of Realtors (NAR). That slightly beat economists’ expectations for about…
Danish drugmaker Novo Nordisk is trimming the out-of-pocket price of its blockbuster obesity drug Wegovy, but specialists warn that the treatment will remain financially out of reach for many patients without strong insurance coverage. The company has begun selling higher-dose injections of Wegovy to cash-paying U.S. customers for $349 per month, down from $499, in line with a drug-pricing deal…
Google is deploying its new Gemini 3 artificial intelligence model across its dominant search engine and a range of consumer and developer services, positioning the upgrade as a step toward a digital “thought partner” rather than a simple answer box. The model, unveiled on November 18, 2025, is being integrated first into the Gemini Pro and Gemini Ultra subscription tiers…
