Elon Musk, Vivek Ramaswamy could use private sector methods to slash government jobs
If you work for the federal government, there's a good chance you'll receive a pink paper, or at least a severance package before joining the new Trump administration, according to On the Money. Reported. In a move to tame the Leviathan known as the vast federal workforce, President-elect Donald Trump is creating a new Department […]
Silver (XAG) Daily Forecast: Tariff Concerns in Solar Sector Impact Future Silver Demand – FX Empire
China's recent economic measures have also worsened the outlook for industrial metals. Last week, the Chinese government announced a 10 trillion yuan debt package aimed at raising local financing and promoting economic stability, but it fell short of market expectations for direct economic stimulus. The disappointment hit the market for industrial metals, including silver, which […]
Markets pop ahead of election results on solid service sector data
Stocks closed sharply higher on Tuesday as activity in the U.S. service sector rose to its highest level in more than two years, signaling economic resilience as voters headed to the polls. The Dow Jones Industrial Average of major U.S. companies rose more than 1% in Tuesday trading, closing at $42,221. The Nasdaq Composite Index, […]
Manufacturing sector sheds 78K jobs in last three months
Michigan Senate Republican candidate Mike Rogers expressed confidence that Trump and Congressional Republicans will win a majority in the election and detailed his priorities for protecting Detroit's auto industry. of manufacturing industry Job cuts continued in October, with 78,000 jobs lost in the past three months. The Department of Labor's Bureau of Labor Statistics announced […]
Street note lifts cybersecurity stocks, supports our call to own two names in sector – CNBC
Every weekday, Jim Cramer's CNBC Investment Club releases the Homestretch, a practical afternoon update to coincide with the last hour of trading on Wall Street. Bonds in the driver's seat: Stock markets take a breather Monday. A pullback this week would end the S&P 500's longest six-week winning streak of the year. Against the market, […]
Boeing competitor Airbus to cut up to 2,500 jobs in space, defense sector
Boeing rival Airbus on Wednesday announced The company plans to take steps to cut 2,500 jobs in its defense and space division by mid-2026. Airbus said in a press release that the job cuts are part of a plan to streamline the division's organizational structure, with a particular focus on headquarters functions and greater accountability […]
AI sector frustrated by Congress’ slow pace keeping up with the advanced tech
Those close to the growing field of artificial intelligence (AI) say the industry is frustrated with the pace of Congress' response to the issue. AI experts and industry insiders are especially concerned with less than a month until Election Day. As advanced AI technology becomes more accessible, “deepfakes” and other forms of misinformation are becoming […]
Nearly 20K Migrants Enter One U.S.-Canada Border Sector in FY24, More than Last 17 Years Combined
Nearly 20,000 immigrants illegally crossed the border from Canada into the Swanton Border Patrol Area. That's more than the previous 17 years combined, officials said. In 2020, President Donald During the last full year of the Trump presidency, only 574 migrants crossed into the Swanton area of operations in eastern New York, Vermont and New […]
Helene forces closure of quartz plants critical to tech sector
Congressman Greg Murphy, RN.C. details the devastation caused by Hurricane Helen and the storm's impact on the upcoming presidential election. Authorities continue to evaluate Damage caused by Hurricane Helen It's occurring in the southeastern United States and could have a major impact on the tech industry if it hits one of the small towns in […]
Vermont border sector sees more than 19K migrants in one fiscal year
Officials said Wednesday that more than 19,000 illegal immigrants have been arrested in the northern border region over the past year. During the 2024 fiscal year, which ran from Oct. 1, 2023, to Monday, officers at the U.S. Border Patrol's Swanton Sector along the U.S.-Canada border apprehended illegal immigrants from 97 countries, said District Patrol […]