Job cuts appear to be picking up in the private sector, too. Plus, bosses at Nvidia think there’s still plenty of room for growth.
From the BBC World Service: The European Union said it will react “firmly and immediately” against any “unjustified” tariffs.
The Republican-controlled House has defied predictions of deadlock and advanced the party’s signature legislative package.
What’s behind all the consumer agita? Also: a look at President Donald Trump’s proposed visa “gold card.”
From the BBC World Service: Under pressure from investors, energy giant BP is increasing investments in oil and gas by $10 billion a year.
American consumers have a lot of skepticism about self-driving vehicles, a new AAA survey finds.
Apple announced a $500 billion investment in U.S. operations over the next four years amid the looming threat of tariffs.
From the BBC World Service: DBS says it’ll cut 4,000 jobs over the next three years as AI takes on more work.
Markets opened higher this morning after a spate of worrisome economic numbers caused a tumble on Friday.
The money the IRS spends on tax collection helps it pull in more money from taxpayers. How will layoffs impact the agency’s ROI?
