A three-month Pakistan-Afghanistan border trade blockade has caused heavy economic losses, especially in Khyber Pakhtunkhwa. Exports and revenue fell sharply, businesses suffered daily losses, and perishable goods were wasted. Trade diversion may lead to long-term market loss and job cuts.
Christopher Wood, Jefferies' Global Head of Equity Strategy, has indicated that accumulating gold would be a good idea if the prices tend to taper a bit, with the rationale that the bullion's 200-day moving average is currently about 23 per cent below the peak.
US President Donald Trump said his administration is using the government shutdown to permanently close several Democrat-backed programs, with a list to be released Friday. The White House also confirmed more federal job cuts as part of ongoing reductions across seven agencies.
The Warner Bros. Motion Picture Group will be enacting a round of layoffs that will see job cuts across its marketing, production strategy, operational and theatre ventures divisions.
Bowser pointed to the change on the social platform X last week, writing: "The mural inspired millions of people and helped our city through a painful period, but now we can't afford to be distracted by meaningless congressional interference. The devastating impacts of the federal job cut
YSRCP MLC Chandra Sekhar Reddy alleged a total of 3.5 lakh employees were "dismissed" after Chief Minister Chandrababu Naidu assumed office while the previous Jagan Mohan Reddy government had provided 2.13 lakh regular jobs
Low-cost airline SpiceJet is set to lay off at least 1,000 employees as part of its ways and means to save costs, and aiming to save about Rs 100 crore on an annual basis.
Google laid off hundreds of workers in several divisions Wednesday night, seeking to lower expenses as it focuses on artificial intelligence and joining a wave of other companies cutting tech jobs this year, The New York Times reported.
According to the internal memo that a US-based newspaper read, Meta's head of human resources, Lori Goler, wrote Tuesday evening that the company will begin notifying employees regarding the downsizing of technical teams.