16 result(s) for “technology”
Conifer Health Solutions began a planned reduction affecting about 1,037 workers on November 2, 2026, the result of CommonSpirit Health exiting its stake and a contract with the revenue cycle vendor. The cuts underscore a broader wave of health industry workforce shifts as hospital systems and vendors restructure around automation and contractual changes.
Major US equity indexes closed sharply lower on October 31, 2026 after disappointing tech earnings and renewed concern that massive corporate spending on artificial intelligence may not produce near-term returns. The rout erased billions in market value and pushed investors toward bonds and defensive sectors.
Robinhood reported record third quarter revenue of about $1.4 billion on October 27, 2026, driven by growth in equities, options and prediction markets, but profit fell from a year earlier as crypto trading slowed and expenses rose. The results underline the companys expanding retail franchise even as pockets of volatility in digital-asset trading pressure near term earnings.
Microsoft on October 26 introduced a large voluntary exit program that makes roughly 60,000 employees eligible, a move aimed at trimming payroll as the company pours capital into artificial intelligence infrastructure. The offer has immediate implications for U.S. labor markets, local economies around data center hubs, and wider corporate budgeting for AI.
Borrowers across the United States report that the StudentAid.gov dashboard has stopped updating qualifying payment counts for Public Service Loan Forgiveness and income driven repayment forgiveness, a pause the federal student aid office says is caused by data inconsistencies. The freeze has left some public servants unable to confirm they reached the 120 payments needed for forgiveness and prompted calls for clearer timelines and fixes.
A University of Michigan survey showed consumer sentiment holding near historic lows on October 24, 2026. The reading, combined with rising oil prices and AI sector volatility, has investors pricing extra risk ahead of the Federal Reserve meeting and U.S. midterm elections.
A revival of investor concern about AI spending and rising oil prices pushed major US equity indexes lower on October 23, 2026, as traders rotated into safer assets and Treasury yields fell. The move highlights growing market sensitivity to corporate capital intensity in the AI race and geopolitical risks that could lift inflation.
Congress and the president moved this week to close a gap that lets romance scammers slip away: the Romance Scam Prevention Act requires online dating services to notify users if someone who messaged them has been banned for likely fraud, with platforms given one year to comply.
A hotter than expected producer price reading and a surge in crude driven by Strait of Hormuz attacks pushed energy costs higher and added pressure on US markets and consumers, complicating the Federal Reserve’s outlook ahead of its late October meeting.
A hotter than expected Consumer Price Index print on October 15, 2026, ignited renewed bets on Federal Reserve rate hikes and triggered a sharp retreat in AI and chip-related stocks, dragging U.S. equity indexes lower and refocusing investor concern on financing risks for capital intensive technology firms.
A spike in oil prices after renewed attacks on Saudi Arabia sent U.S. equity markets into mixed trading on October 13, 2026, intensifying investor concern that higher energy costs could push up inflation and prompt further Federal Reserve tightening.
Minutes from the Federal Reserve’s Sept. 15-16 meeting, released Oct. 7, 2026, show officials judging that another interest rate increase is likely needed to prevent sector specific price shocks from broadening into persistent inflation. The guidance tightened market expectations for higher borrowing costs later this year and sharpened debate over growth risks for the United States economy.
Long term U.S. borrowing costs have stayed near multi decade highs as the 10 year Treasury yield hovers above 5 percent. This week s slate of large note and bond auctions will be watched closely for signs the Treasury can absorb supply without pushing yields higher.
Kylian Mbappé has ended a relationship with Nike dating back to childhood and signed a cash-and-equity deal with Swiss sportswear brand On as the company prepares a major expansion into global football.
Investors withdrew $23.21 billion from global equity funds in a single week, the biggest outflow in nine months, as higher oil prices, inflation concerns and rising interest rates pushed markets towards caution.