Economy

The Consumer Price Index continues rose by 3.1% in January

Bitcoin surpasses $50,000 for the first time since 2021

SiriusXM lets go of 3% of its workforce

Canada: Bell Media lays off 4,800 employees

Warner Music to lay off 10% of its workforce

Congressional Budget Office warns that deficit and debt will skyrocket over the next decade

Jerome Powell, chair of the Federal Reserve, assures that the government's fiscal policy is unsustainable

Snap cuts 10% of its global workforce

Elon Musk considers changing Tesla's state of incorporation to Texas

Walmart announces the opening of 150 new stores in the next five years

Deutsche Bank announces 3,500 layoffs

PayPal announces the layoff of 2,500 workers

Universal Music threatens to ban the use of its music on TikTok

UPS announces 12,000 layoffs due to drop in shipments

Amazon calls off purchase of iRobot, maker of the Roomba

Black and Hispanic journalists most affected by layoffs at Los Angeles Times
Hong Kong Justice orders the liquidation of Evergrande assets

Forbes lays off 3% of its staff

Biden announces 'temporary pause on pending decisions of Liquefied Natural Gas exports'

