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Dorsey’s Block Cutting Up to 10% of Staff in Efficiency Push
Jack Dorsey’s Block Inc. has been notifying hundreds of employees that their jobs may be eliminated during annual performance reviews as the payments firm embarks on a broader business overhaul.
Get Ready for Double Whammy of US Jobs and Inflation
Investors and policymakers are gearing up for a busy week of US economic reports that includes arguably the two most consequential data snapshots — employment and inflation.
Tech’s AI Push Risks a Bond Market Blowback: Credit Weekly
The biggest tech companies are gearing up to spend even more on artificial intelligence than investors had anticipated, and money managers increasingly fear that whatever happens, credit markets will get hit.