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Traders pare bets on Fed rate cuts

The New York Times · 20h

Solid Jobs Report Keeps Fed Rate Cuts at Bay

The latest labor market data reinforces the central bank’s wait-and-see approach to lowering borrowing costs, despite pressure from President Trump.

Insider on MSN · 23h

The jobs report has dashed hopes of a rate cut this summer

The June jobs report cratered the odds for a July rate cut. Stocks cheered the strong data but dimmer rate-cut views prevented bigger gains.

Bloomberg on MSN · 20h

Jobs Report Takes Pressure Off Fed to Cut Rates

Headline numbers from the June jobs report took pressure off the Federal Reserve to consider an interest-rate cut later this month, likely leaving the central bank on hold at least until the fall.

Microsoft to cut about 4% of jobs

Bloomberg on MSN · 1d

Microsoft Makes Deep Job Cuts Across Xbox Division, Cancels Games

Microsoft’s Stockholm-based King division, which makes Candy Crush, is cutting 10% of its staff, or about 200 jobs, according to people familiar with the plans. Other European offices, such as ZeniMax,

Microsoft to cut about 4% of jobs amid hefty AI bets

Microsoft will lay off nearly 4% of its workforce, the company said on Wednesday, in the latest job cuts as the tech giant looks to rein in costs amid hefty investments in artificial intelligence infrastructure.

GeekWire on MSN · 1d

Microsoft cuts 830 jobs in Washington state — less than 10% of latest global layoffs

Microsoft is cutting 830 jobs in Washington state, part of 9,000 global layoffs as the company continues its post-fiscal-year restructuring.

1hon MSN

Here’s every game cancelled by Xbox after devastating job cuts

Microsoft's latest round of layoffs has ended development on a number of games, ranging from Everwild to an unannounced ...

2hon MSN

Amidst Xbox job cuts and Microsoft’s AI push, Matt Turnbull promotes AI tools for helping manage layoffs

Microsoft, amidst layoffs impacting the Xbox division and heavy AI investments, saw Xbox Game Studios Publishing executive ...

22hon MSN

The first AI job cuts are already here

The real-world effects that AI will have on the white-collar workforce are starting to come into focus, said Chip Cutter and ...

19hon MSN

Dollar gains after strong US jobs data stretches market hopes of Fed cut

The U.S. dollar rose against major currencies, including the yen, euro and Swiss franc on Thursday, after data showing the ...

4d

IRS job cuts could slow service during 2026 tax season, expert says

National Taxpayer Advocate rings warning bell about how much the IRS will be prepared for 2026 tax season, given job cuts and ...

1don MSN

Family-owned bakers planning to cut up to 250 jobs

Up to 250 job cuts are planned at a family-owned Cheshire bakery firm that was hit by a factory fire two years ago. Roberts ...

2don MSN

Some Colorado space jobs and research funding in jeopardy with federal budget cuts under consideration

Cuts to NASA funding are included in proposed federal budget cuts, and that might have a big impact for some researchers at ...

2d

Michigan State University job cuts amid financial uncertainty

Ryan Wach said his son Zane Wach, 14, experienced altitude sickness while climbing California's Mount Whitney and seemed to ...

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