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Verizon to eliminate almost 5,000 employees in nearly $2 billion cost-cutting move
Verizon Communications will book a third-quarter severance charge of up to $1.4 billion after roughly 4,800 employees accepted a buyout offer. Verizon, which announced »
US fiscal 2024 deficit nears $1.9 trillion with a month to go
The U.S. budget deficit reached $1.897 trillion for the first 11 months of the 2024 fiscal year, the Treasury Department said on Thursday, as »
Fed most likely to cut rates by quarter point, says former Cleveland Fed pres. Loretta Mester
GameStop plots mass store closures after shutting 300 locations in past year
GameStop has announced that it plans to shut down more stores amid dwindling sales. The retailer said it is struggling to sell new and used video »