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By Max A. Czerny and Milana Finn(Reuters) - Intel Corp Chief Executive Pat Gelsinger and top executives are expected to present a plan later this month to the company's board to cut non-essential businesses and reorganize capital spending…

By Max A. Czerny and Milana Finn Intel Chief Executive Pat Gelsinger and top executives are expected to present a plan later this month to the company's board to cut non-essential businesses and reorganize capital spending in an effort to…

The latest UK employment report was mostly better than expected, with the economy losing just 8.9K jobs in April versus an estimated decline of 13.9K jobs. In addition, previous readings enjoyed notable improvements, reflecting…

The New Zealand economy unexpectedly lost jobs by 0.2% on a quarterly basis in the first quarter of 2024, raising the unemployment rate from 4.0% to 4.3% over the period. The principal components revealed that the labor force…

BlackRock, the world’s largest asset manager, is planning to slash its global workforce in the coming days, according to the latest report. This move comes while the firm expects to receive positive news from the US Securities and…

While Bitcoin network fundamentals such as hash rate and difficulty have reached peaks, the same cannot be said for its hash price. The world’s largest crypto’s price has failed to recover, and miners are facing the brunt…

Vitaly Sova The Federal Reserve held interest rates steady for the first time since the aggressive tightening cycle began in March 2022, but indicated that two rate hikes may continue this year to contain inflation pressures.…