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Target is laying off 1,000 employees as it works to revive sales

webadmin 2025-10-24

Target said Thursday that it is eliminating about 1,800 corporate positions in an effort to streamline decision-making and accelerate initiatives to rebuild the flagging discount retailer’s custom...

European Union accuses Meta, TikTok of breaching transparency rules under the DSA

webadmin 2025-10-24

BRUSSELS (AP) — The European Union on Friday said Meta and TitTok had breached their transparency obligations after an investigation that could result in billions of dollars in fines. The inquiry ...

Social Security recipients will get a 2.8% cost-of-living boost in 2026

webadmin 2025-10-24

WASHINGTON (AP) — The Social Security cost-of-living increase will go up by 2.8% in 2026, which translates to an average increase of more than $56 for retirees every month, agency officials said F...

Wall Street sees major jump in profits, helped by soaring stock prices and deal making

webadmin 2025-10-24

NEW YORK (AP) — Wall Street had one of its most profitable quarters ever, if the earnings from four of nation’s biggest banks that reported Tuesday are to be believed; as the companies were helped...

Slowdown in US hiring suggests economy still needs rate cuts, Fed’s Powell says

webadmin 2025-10-24

WASHINGTON (AP) — A sharp slowdown in hiring poses a growing risk to the U.S. economy, Federal Reserve Chair Jerome Powell said Tuesday, a sign that the Fed will likely cut its key interest rate t...

Concern about ability to find a good job rises, AP-NORC poll finds

webadmin 2025-10-24

WASHINGTON (AP) — Americans are growing increasingly concerned about their ability to find a good job under President Donald Trump, an Associated Press-NORC Center for Public Affairs Research poll...