Amazon founder Jeff Bezos recently warned consumers and businesses they should consider postponing large purchases in the coming months as the global economy contends with a downturn and faces a possible recession.
Amazon.com Inc. plans to lay off about 10,000 people in corporate and technology jobs starting as soon as this week, The New York Times reported Monday, citing people with knowledge of the matter.
China announced on Thursday that it is ready to start negotiations with El Salvador to broker a free trade deal, pushing further commercial and political ties between the two nations.
The federal government collected a record $318,576,000,000 in total taxes in October, the first month of fiscal 2023, according to the Monthly Treasury Statement released today.
Consumer prices continued to climb in October as the pace of overall inflation held at the level hit a month earlier and underlying inflation excluding food and fuel slowed.
White House climate envoy John Kerry announced Wednesday that the Biden administration and environmental nonprofits are creating a financial framework that will allow corporations to offset their emissions by buying “carbon credits” from developing nations.