Meta CEO Mark Zuckerberg says the company is implementing layoffs due to rising artificial intelligence spending and warns that additional job cuts may follow.

Detroit automakers warn of a $5 billion commodities shock resulting from the ongoing conflict involving Iran, according to reports.

Detroit-based automakers have issued a warning regarding a potential $5 billion impact on commodity costs linked to the ongoing conflict involving Iran.

US information technology jobs have fallen below 2.8 million for the first time since 2020. The sector has recorded a loss of over 300,000 positions since 2022, a decline comparable to the 2008 financial crisis.

The number of information technology jobs in the United States has fallen below 2.8 million for the first time since 2020, marking a loss of over 300,000 positions since 2022.

US federal debt reaches a record $39 trillion. The total has risen by nearly $7 trillion since 2020, with projections suggesting the figure could reach $40 trillion later this year.

The United States federal debt has reached a record $39 trillion, marking an increase of nearly $7 trillion since 2020.

US gasoline prices rise to $4.43 per gallon, a 61% increase since December. The surge is expected to cost Americans an additional $90 billion in fuel spending this year compared to a $3 per gallon baseline.

US gasoline prices have risen to $4.43 per gallon, marking a 61% increase since December. This price hike is projected to cost Americans approximately $90 billion more in fuel expenses this year compared to a $3 per gallon baseline.