Welcome to the age of office paranoia, when layoffs, AI, and job insecurity are terrorizing workers

A wave of new anxieties is sweeping through white-collar workplaces, driven by the looming threat of AI job displacement, intensifying return-to-office mandates, and a resurgence of demanding corporate cultures that blur the line between work and personal life. The shrinking of middle management—part of what’s

El Salvador has ended term limits for presidency, "paving the way for Bukele to seek re-election"

El Salvador's Legislative Assembly has approved a set of constitutional reforms that will remove presidential term limits, allowing President Nayib Bukele to seek reelection indefinitely. The reforms, passed under an expedited legislative process, will also extend presidential terms from five to six years. Additionally, the timeline for the

Nonfarm payroll gains were sharply revised down: May's total dropped from 144,000 to 19,000, and June's from 147,000 to 14,000

Employment growth in the United States has been considerably weaker than earlier estimates suggested, pointing to a possible slowdown in the labor market. According to the latest non-farm payroll report, U.S. employment increased by just 73,000 in July—falling short of economists’ expectations of 110,000 new

FBI has reportedly redacted President Trump’s name, along with those of other prominent public figures, from the Epstein files

The FBI redacted Donald Trump’s name—along with those of other high-profile individuals—from references in the Jeffrey Epstein case files, according to three people familiar with the matter who spoke to Bloomberg’s Jason Leopold. During a March review of roughly 100,000 pages of Epstein-related

Trump will sign executive orders to impose higher tariffs on countries that have not reached trade agreements by the Friday deadline

President Donald Trump is expected to sign an executive order tomorrow that will impose reciprocal tariffs on a range of countries. This move comes as a federal appeals court heard arguments in a case challenging whether the president exceeded his legal authority in imposing many of his wide-ranging tariffs.

Senator Josh Hawley says the legislation he proposes will send $600 tariff rebate checks to Americans, but not to “Biden voters,” only to “Trump blue-collar voters

Senator Josh Hawley introduced new legislation that would distribute $600 tariff rebate checks to American households—but with eligibility limited to working-class voters, not high-income earners. The Missouri Republican said the measure would prioritize what he described as “Trump blue-collar voters.” Speaking on Tuesday during an interview

The Trump administration has proposed to repeal a 2009 finding that human-caused climate change endangers human health and safety

The Trump administration on Tuesday proposed rescinding a 2009 scientific finding that has served as the legal foundation for U.S. efforts to regulate greenhouse gas emissions under the Clean Air Act. The Environmental Protection Agency’s proposed rule would revoke the “endangerment finding,” a determination that carbon dioxide and

China has formally rejected U.S. demands to cease Russian oil imports

U.S. Treasury Secretary Scott Bessent issued a pointed warning to China regarding its continued purchases of sanctioned Russian oil, indicating that buyers should prepare for steep financial penalties. Speaking in Stockholm, Bessent emphasized that the U.S. is advancing legislation with rare bipartisan support in the Senate that would

Australia to ban under-16s from creating YouTube accounts

ouTube will now be included in Australia’s landmark social media ban for users under 16, after the government reversed its earlier decision to exempt the platform. The video-sharing giant had initially been set apart from the sweeping ban—set to take effect in December—which will restrict access

Scott Bessent says 'not to panic' over tariff rate surges on Aug. 1

Treasury Secretary Scott Bessent urged America’s trading partners on Wednesday not to “panic” if economic agreements aren’t finalized before President Trump’s looming tariff deadline this Friday—emphasizing that the U.S. still holds significant leverage, particularly in talks with China. “If there’s not a deal by

Trump says Canada's Palestine position may make it hard to do trade.

Donald Trump has issued a warning to Canada following its announcement that it intends to recognize a Palestinian state, suggesting that finalizing a U.S. trade agreement with the country would now be “very hard.” Canadian Prime Minister Mark Carney said Wednesday that Canada would join France, the UK, and

Trump says Mexico gets 90-day extension to land trade deal

Mexico is one of the United States’ top three individual trade partners, alongside Canada and China. Over the course of six months of negotiations, President Trump has intermittently granted Mexico pauses and exemptions from his proposed new and increased tariffs. The White House initially cited fentanyl smuggling across U.S.

Trump says he still supports a stock trading ban for Congress

Sen. Josh Hawley (R-Mo.) said he had a “good chat” with former President Trump on Wednesday following Trump’s harsh remarks over Hawley’s support for legislation that would bar lawmakers, future presidents, and vice presidents from trading stocks. Hawley, who introduced the Senate bill, was the sole Republican

Trump says he has asked drugmakers to cut US prices of drugs in 60 days, or face consequences

President Donald Trump announced Thursday that he has called on major pharmaceutical companies to take action to reduce U.S. drug prices within 60 days. Posting on Truth Social, Trump shared copies of letters sent to 17 drug manufacturers, including Eli Lilly, GSK, Pfizer, Regeneron, Merck, and Novo Nordisk. Trump

Trump announces 25% tariffs on India

President Trump announced that the United States will impose 25% tariffs on imported goods from India, along with an additional, unspecified penalty in response to India's ongoing purchases of Russian oil and military equipment. Writing on his Truth Social platform, Trump said these measures will take effect on

Trump says "Fed won't cut rates today," and adds: "Hear they will cut in September."

The Federal Reserve held interest rates steady on Wednesday, resisting mounting pressure from President Donald Trump and his increasingly aggressive criticism. Although the Fed cut rates several times last fall, it has kept them unchanged through the last four Federal Open Market Committee (FOMC) meetings. That pattern continued this week,

The Federal Reserve has held rates, with no cut

The Federal Reserve held interest rates steady on Wednesday, resisting mounting pressure from President Donald Trump and his increasingly aggressive criticism. Although the Fed cut rates several times last fall, it has kept them unchanged through the last four Federal Open Market Committee (FOMC) meetings. That pattern continued this week,

JPMorgan Chase is in advanced talks to replace Goldman Sachs as Apple’s credit card partner

JPMorgan Chase (JPM) is in advanced discussions to take over Apple’s (AAPL) credit card program from Goldman Sachs, according to a report by the Wall Street Journal on Tuesday, which cited sources familiar with the matter. Talks between the country’s largest bank and the tech giant reportedly began

44% of Europeans are turning away from U.S. brands

New U.S. tariffs on European imports are prompting European consumers to shift away from American products—not just due to price increases, but because of changing preferences. ECB survey data from March 2025 shows that nearly 44% of euro area consumers are willing to reduce their U.S. product

Bank of America, BAC, says there will be no Fed rate cuts this year

Bank of America anticipates that the U.S. economy will avoid falling into recession in 2025 and does not foresee any Federal Reserve rate cuts this year, despite growing political tensions and market speculation. In a research note released Monday, BofA analysts stated, “These developments go in line with our

Active US housings listings grew roughly 29% year-over-year in June

U.S. existing home sales saw a steep decline in June 2025, falling to their lowest point in nine months as elevated mortgage rates and record-setting home prices continued to push many potential buyers to the sidelines. Data from the National Association of Realtors (NAR) showed that sales dropped

Trump says August 1st tariff deadline won't be extended

Donald Trump is sticking firmly to his August 1 deadline for implementing tariffs on countries that fail to reach new trade agreements with his administration. “THE AUGUST FIRST DEADLINE IS THE AUGUST FIRST DEADLINE – IT STANDS STRONG, AND WILL NOT BE EXTENDED,” he declared in a Truth Social post on

Nvidia, NVDA, CEO has said: If I were a 20-year-old again today, I would focus on physics in college

Nvidia’s 61-year-old CEO shared his thoughts on this during a visit to Beijing on Wednesday, according to CNBC. Jensen Huang, who completed his undergraduate degree by age 20—two years ahead of schedule—and now leads the world’s most valuable company, reflected that the “20-year-

JPMorgan, JPM, has partnered with Coinbase, COIN

Today, JPMorgan Chase (NYSE: JPM) and Coinbase (NASDAQ: COIN) unveiled a strategic alliance aimed at redefining customer access and security in the innovation economy. This new collaboration introduces a set of features designed to expand flexibility and enhance the user experience for shared customers. In the first stage of the

US Q2 GDP: +3.0%, expected: 2.4%

The U.S. economy — as measured by gross domestic product, the most comprehensive indicator of economic performance — expanded at a 3% annual rate over April, May, and June, according to Wednesday’s report from the Commerce Department. This marked a reversal from the first quarter, when GDP shrank at a