Federal Reserve may intervene as bond yields surge
As Trump’s tariffs hit, China retaliated with steep duties and bans on U.S. firms, while the Federal Reserve faces growing pressure to stabilize bond markets....
Tag : Walmart
Amazon to close all Quebec warehouses, cutting 1,700 jobs
Amazon announced the closure of seven Quebec warehouses, eliminating 1,700 jobs, amid allegations the move is linked to recent unionization efforts at a Montreal-area facility....
Salmonella outbreak linked to cucumbers prompts urgent recalls
A Salmonella outbreak linked to cucumbers has affected 68 people in 19 states, prompting urgent recalls by FDA. Consumers are warned to discard recalled cucumbers...
Walmart to lay off over 2,000 workers in five states amid tough times ahead
Walmart, the largest private employer in the US, is set to lay off more than 2,000 workers from five of its fulfillment centers that cater...
About 2 million air fryers were recalled because of fire hazards
As a result of a wire connection overheating in the air fryers, the U.S. Consumer Product Safety Commission has recalled about 2 million Cosori air...
Wall Street records sharpest plunge since 2020, Dow drops 1100 points
On Wednesday, the Dow Jones Industrial Average recorded its biggest plunge since 2020 after another prominent retail company warned of escalating prices, reinforcing investors’ apprehensions...