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Oracle Cuts Thousands of Jobs as AI Spending Accelerates

Oracle Cuts Thousands of Jobs as AI Spending Accelerates

by Richard Garrett | Apr 16, 2026 | Economy

The Oracle layoffs AI investment in 2026 shift highlights a major turning point for the tech giant as it balances aggressive AI expansion with financial pressures. Oracle has begun laying off thousands of employees, signaling a strategic pivot as it pours resources...
Treasury Yields Rise as Iran War Drives Market Uncertainty

Treasury Yields Rise as Iran War Drives Market Uncertainty

by Richard Garrett | Apr 16, 2026 | Economy

The treasury yields in the Iran war trend is gaining attention as investors closely monitor developments in the Middle East and their impact on financial markets. Bond yields have been edging higher as geopolitical uncertainty and inflation risks continue to shape...
One Month Into the Iran War, Costs Are Rising Everywhere

One Month Into the Iran War, Costs Are Rising Everywhere

by Richard Garrett | Apr 15, 2026 | Economy

The Iran war economic impact in 2026 is becoming increasingly visible across the US economy, extending far beyond higher gas prices. While fuel costs remain the most noticeable expense for consumers, the broader economic effects are now showing up in groceries,...
Mortgage Rates Rise for Fourth Week as Iran War Disrupts Housing Outlook

Mortgage Rates Rise for Fourth Week as Iran War Disrupts Housing Outlook

by Richard Garrett | Apr 15, 2026 | Economy

The US housing market is facing renewed pressure as mortgage rates climb for the fourth consecutive week, driven by economic uncertainty linked to the ongoing conflict involving Iran. The rise in borrowing costs is complicating what was expected to be a recovery year...
US Retail Sales Rise More Than Expected as Consumers Keep Spending

US Retail Sales Rise More Than Expected as Consumers Keep Spending

by Richard Garrett | Apr 10, 2026 | Economy

Consumer spending in the United States showed surprising strength in February, offering a positive signal for the economy despite growing concerns about job growth and sentiment. Retail sales rose 0.6% during the month, exceeding economist expectations and marking a...
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  • Rate Hike Odds Jump to 68% for December as May Jobs Report Resets Fed Expectations

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