Billion

Microsoft announced on Wednesday it will eliminate 10,000 jobs worldwide, almost 5% of its workforce, and take a $1.2-billion charge as global growth is slowing down.

China’s population shrank for the first time in decades last year as its birthrate plunged, official figures showed Tuesday, adding to pressure on leaders to keep the economy growing despite an aging workforce and at a time of rising tension with the U.S.

TikTok is in discussion with the U.S. Committee on Foreign Investment over a $1.5 billion plant to increase its transparency with the United States.

The statement was in response to a thread by journalist Michael Shellenberger regarding the World Economic Forum's (WEF) secretive finances, in which he mentioned the use of ESG criteria by the organization.

If the reaction from Arizona Gov. Katie Hobbs’ first budget proposal is any indication, she and lawmakers are likely in for a long spring.

Canada's Prime Minister Justin Trudeau said the federal government will continue building the Canadian military in response to "persistent threats" from "authoritarian states."

"We do not need to have CCP influence on Florida's economy," Republican Governor Ron DeSantis said on Tuesday.

The largest NATO defense corporations have risen 21.5% in market value due to military involvement in Ukraine.

Repealing IRS funding in the Inflation Reduction Act saved $70 billion.

Big banks in the United States are getting ready to deal with shrinking profits due to factors like an overall difficult economic environment, despite the fact that interest incomes have risen over the past year.