Amazon to cut 9,000 more jobs amid 'uncertain economy'

Amazon announced Monday that it plans to cut an additional 9,000 roles within the next few weeks amid the uncertain economic environment.

Gas prices hold steady despite market turmoil: AAA

The national average cost for a gallon of gas held steady at $3.46, even as oil prices plunged to levels not seen since August 2021, AAA said.

T-Mobile acquires Ryan Reynold's Mint Mobile in $1.35 billion deal

“I never dreamt I’d own a wireless company and I certainly never dreamt I’d sell it to T-Mobile." Reynolds said in a tweet.

Nike to end sales of kangaroo-based sneakers

Nike is launching a new soccer shoe this summer featuring a material that replaces the use of kangaroo leather.

Facebook parent Meta to lay off 10K workers

Facebook-parent Meta is slashing another 10,000 jobs and will not fill 5,000 open positions as the social media pioneer cuts costs.

President Biden tries to reassure Americans ‘banks are safe’

President Joe Biden addressed the nation Monday morning and said Americans will have full access to their money and can rest assured the banking system is safe.

Biden tells US to have confidence in banks after 2 collapse

President Joe Biden on Monday told Americans the nation’s financial systems were safe, seeking to project calm following the swift and stunning collapse of two banks that prompted fears of a broader upheaval.

Silicon Valley Bank crisis: Feds move in to help

In an effort to shore up confidence in the banking system, the Treasury Department, Federal Reserve and FDIC said that all Silicon Valley Bank clients would be protected and able to access their money.

Silicon Valley Bank seized by regulators

Silicon Valley Bank, known as SVB, is the largest bank failure since the height of the 2008 financial crisis.