Glencore's ferrochrome smelting venture in South Africa is running out of time to find a solution that would lower electricity costs and enable it to avert job cuts https://t.co/uD24JPuo0W ...

RT Bull Theory (@BullTheoryio)BREAKING: U.S. recorded over 108,000 job cuts last month, the worst January since the 2009 Global Financial Crisis. https://t.co/WQN7VmKtRL ...

LOOK WHAT'S HAPPENING ON WALL STREET NOW, THE DOW HIT 50 ,000, YOU SEE IT RIGHT THERE FOR THE FIRST TIME EVER, WE'RE LIKELY GOING TO SET A NEW RECORD WHEN markets close in just about 30 minutes if it stays over 50. But this good news on Wall Street followed a sell-off this week with big techs losing a trillion dollars in market value through yesterday. And it's paired with bleak new labor supermarket data.108 ,000 jobs were cut last month, double the number of layoffs we saw at the start of last year. We ha ...

US companies announced the largest number of job cuts for any January since the depths of the Great Recession in 2009: Here’s your Evening Briefing https://t.co/3LVbgA0jzI ...

Group 1: Dollar Index and Labor Market - The dollar index rose to a 1.5-week high, finishing up by +0.23%, driven by a stock selloff that increased liquidity demand for the dollar [1] - Challenger's January job cuts rose by +117.8% year-over-year to 108,435, marking the largest amount of job cuts for a January since 2009 [2] - Weekly initial unemployment claims increased by +22,000 to an 8-week high of 231,000, indicating a weaker labor market than the expected 212,000 [2] Group 2: Federal Reserve and Interest Rates - Fed Governor Lisa Cook's hawkish comments suggested risks are tilted toward higher inflation, supporting the dollar despite signs of labor market weakness [1] - The FOMC is expected to cut interest rates by about -50 basis points in 2026, while the Bank of Japan (BOJ) is anticipated to raise rates by +25 basis points in the same year [4] - Swaps markets are pricing in a 23% chance of a -25 basis point rate cut at the next policy meeting on March 17-18 [3] Group 3: Eurozone Economic Indicators - The euro fell by -0.14% as it gave up an early advance due to a stronger dollar, despite the ECB keeping interest rates unchanged [5] - Eurozone December retail sales fell more than expected, while German December factory orders unexpectedly rose, presenting mixed economic signals for the euro [5]

There were 108,000 job cuts in January in the U.S., the most to begin a year since the Great Recession in 2009, according to a new report. https://t.co/Dz0bkycZM1 (Photo: Getty Images) https://t.co/GB3fb6XHZE ...

The Challenger report is out and it is a pretty dismal one. 108,435 job cuts announced in the month of January. That is the highest January total since 2009.As far as the numbers go, it's up 205% from December. There were 5306 employers announcing hiring plans, and that is the lowest January total since 2009 as well. So some particularly bad news on the Challenger front.We don't usually talk about it, but sometimes lately when Challenger has come out, we've seen big market moves on the pessimism about what ...

Group 1 - The Challenger report indicates a total of 108,435 job cuts announced in January, marking the highest January total since 2009 [1] - Job cuts in January are up 205% from December, with only 5,306 employers announcing hiring plans, the lowest January total since 2009 [1] - The transportation sector experienced the most significant job cuts, primarily due to UPS announcing 30,000 job cuts, followed by Amazon with 16,000 [2] Group 2 - Health care also saw substantial job cuts, which is unusual for this sector [3] - It is important to note that the Challenger report reflects job cut announcements rather than actual cuts, and some announced cuts may not be executed [3] - Future jobless claims and payroll numbers will provide further insights into the actual impact of these announcements [3]

US companies announced the largest number of job cuts for any January since the depths of the Great Recession in 2009, according to data from outplacement firm Challenger, Gray & Christmas https://t.co/OiySMpiqJg ...

https://t.co/JHZxKhN4Fo’s 16,000 job cuts include about 1,400 in Seattle and approximately 700 in the neighboring suburb of Bellevue, according to documents filed with state and local authorities https://t.co/4WsdK9VCuy ...