Did DOGE contribute to the BLS jobs report that Trump hated? Economist Mark Zandi thinks so
Cuts to government jobs are contributing to downward employment revisions, says Zandi.
Business
A long-running anti-DEI lawsuit could help companies defend themselves from reverse-racism claims
A reverse-discrimination suit against B2B company Hello Alice has become a proving ground in the legal battle over diversity-oriented corporate programs.
UBS sounds the alarm on ‘stall speed’ as the economy shows signs of running out of gas
It's not an immigration or population shock—fewer people are working, amid shorter hours and lower demand. “The drop in the labor force participation rate has masked how much slackening is actually taking place."
Tech industry insiders share their picks for the next startups who will ride the IPO wave after Figma’s blockbuster debut
There’s a long list of late-stage VC-backed tech companies with strong customer bases that investors hope will be enticed to make the leap after Figma's success.
North Korean IT worker infiltrations exploded 220% over the past 12 months, with gen AI weaponized at every stage of the hiring process
Cybersecurity firm CrowdStrike red-flags a new North Korean software development hire to clients about once a day.
Elon Musk retains title as the highest-paid CEO in history with $26 billion pay package—and the only thing he has to do is show up for two years
The lack of performance targets in Musk’s massive new pay package has some investors crying foul.
Iran’s currency has plunged so much in value that Tehran plans to chop off four zeros from the rial
As of Sunday, the rial was trading at around 920,000 to the US dollar on the street market.
Trump’s former jobs data chief decries firing of successor
“I don’t know that there’s any grounds at all for this firing,” said Beach. “And it really hurts the statistical system. It undermines credibility in BLS.”
Dow futures drop as recession alarm bells jolt Wall Street awake from dreams of a gravity-defying economy
With Wall Street now more attuned to economic risks like Trump's trade war, the tariffs that will go into effect on Thursday may get more scrutiny.
