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    Amazon expects to cut corporate jobs as it relies more on AI

    by admin June 19, 2025
    by admin June 19, 2025

    Amazon CEO Andy Jassy said Tuesday that the company expects artificial intelligence ‘will reduce our total corporate workforce as we get efficiency gains’ over time. ‘We will need fewer people…

  • Business

    DOJ seizes record $225 million in crypto tied to global ‘pig butchering’ scams

    by admin June 19, 2025
    by admin June 19, 2025

    The Justice Department announced Wednesday the largest-ever U.S. seizure of cryptocurrency linked to so-called “pig butchering” scams that have cost victims billions globally. Federal prosecutors filed a civil forfeiture action…

  • Stock

    Dow Futures tumble as Israel-Iran conflict stirs market jitters

    by admin June 19, 2025
    by admin June 19, 2025

    Dow Jones futures dropped sharply on Thursday, with investors growing increasingly uneasy about the ongoing conflict between Israel and Iran and the possibility of direct US military involvement.  At the…

  • Stock

    Global millionaire count reaches 60 million, UBS reports; US home to 40%

    by admin June 19, 2025
    by admin June 19, 2025

    The United States continued to dominate the global wealth rankings in 2024, adding more than 379,000 new millionaires to bring its total to 23.8 million, according to a new report…

  • Business

    Trump-branded wireless service launches — with a gold phone

    by admin June 18, 2025
    by admin June 18, 2025

    President Donald Trump’s business organization has announced the creation of a new wireless phone service that will carry the president’s name. Trump Mobile, as the service will be known, will…

  • Business

    Kraft Heinz to remove artificial dyes from U.S. products by end of 2027

    by admin June 18, 2025
    by admin June 18, 2025

    Kraft Heinz said Tuesday that it will remove FD&C artificial dyes from its products by the end of 2027, and will not launch any new products in the U.S. containing…

  • Stock

    VanEck’s Solana ETF listed with DTCC as SEC decision nears

    by admin June 18, 2025
    by admin June 18, 2025

    VanEck’s proposed spot Solana exchange-traded fund (ETF), VSOL, has now appeared on the Depository Trust & Clearing Corporation’s (DTCC) list under the “active and pre-launch” category, marking a significant step…

  • Stock

    Reddit stock analysis: Why RDDT surged and key level to watch

    by admin June 18, 2025
    by admin June 18, 2025

    Reddit stock price bounced back on Tuesday as the company launched new artificial intelligence (AI) tools to help companies leverage conversations on its platform. RDDT jumped to a high of…

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