CNN, a division of Warner Bros. Discovery, plans to lay off hundreds of employees this week as part of a strategy to refocus its business around a global digital audience, according to a CNBC report on Wednesday.
The S&P 500 climbed to a record high on Wednesday, fueled by enthusiasm over Netflix's quarterly results and the technology sector's strong performance.
On his second day in office, President Donald Trump addressed the H-1B visa program, acknowledging both sides of the contentious debate while emphasizing the need for "competent people" to contribute to the U.S. workforce. Speaking at a White House press event with CEOs Larry Ellison (Oracle), Masayoshi Son (Softbank), and Sam Altman (OpenAI), Trump described the importance of skilled immigration for economic growth while refraining from endorsing an expansion or reduction of the program.
Following the swearing-in, President Trump promptly initiated a series of executive actions aimed at reversing several policies from the previous administration.
A new CBS poll reveals that most Americans are feeling hopeful about the next four years under President Donald Trump, with optimism surpassing levels seen at the start of his first term in 2017.
China's National Bureau of Statistics announced that its population declined for the third consecutive year in 2024, despite a modest increase in births for the first time in seven years.
Greenland Prime Minister Múte Egede emphasized Greenland’s desire for greater cooperation with the United States in Arctic defense and mineral investments during an interview on Fox News Channel’s Special Report. While reiterating Greenland’s independence, Egede highlighted the importance of a strong U.S.-Greenland partnership to address security and economic opportunities.
Incoming officials in President-elect Donald Trump’s administration are reportedly crafting a sanctions strategy aimed at expediting a resolution to the Russia-Ukraine conflict. According to Bloomberg, the plan includes options to pressure Moscow while managing global oil market stability amid existing sanctions on major producers like Russia, Iran, and Venezuela.
Scott Bessent, nominee for Treasury Secretary under the incoming Trump administration, is set to outline a bold economic agenda during his Senate confirmation hearing Thursday. According to prepared remarks, Bessent will emphasize the need to permanently extend the 2017 Tax Cuts and Jobs Act while advancing new policies to reduce the tax burden on manufacturers, service workers, and seniors.
