Microsoft to Cut 6,000 Jobs in Major Workforce Trim

May 18, 2025

Catenaa, Sunday, May 18,2025- Microsoft announced on Tuesday it will lay off about 6,000 employees, or 3% of its global workforce, as part of organizational changes aimed at positioning the company for long-term success in a dynamic marketplace. The layoffs affect employees across all levels, teams, and regions, including 1,985 people based in Washington state, […]

Powell Says Tariffs Likely To Push Inflation Up Temporarily

April 16, 2025

Catenaa, Wednesday, April 16, 2025- US Federal Reserve Chair Jerome Powell said tariffs are highly likely to generate at least a temporary rise in inflation in the US, while the economy is still stable despite uncertainty. In a speech to the Economic Club of Chicago, Powell said that tariffs imposed by President Trump are highly […]

US Adds 150K+ Jobs, Signaling Strong Labor Market

March 7, 2025

Catenaa, Friday, March 07, 2025- US added over 150,000 jobs in February, the Labor Department said on Friday, offering reassurances that the labor market has remained relatively stable since President Trump took office. The US added a seasonally adjusted 151,000 jobs in February, slightly below the gain of 170,000 jobs economists polled by The Wall Street Journal […]