Citigroup's plan to cut 60,000 staff by 2026 signals a fundamental shift in banking, as AI and private credit pivot threaten thousands of back-office roles globally.

Nearly 25,000 tech jobs vanished in January 2026 as Amazon, Meta, and Citigroup slashed headcount. Experts warn mid-career workers with higher salaries face disproportionate risk in new cuts.

AI is disrupting labor markets, but it can also be "a rising tide that lifts all boats" if workers embrace it with support from employers, says MIT economist.

Several Buffalo neighborhoods remain unplowed days after a major snowstorm, with residents in the Black Rock and Riverside ...

BlackRock’s Rick Rieder, a possible frontrunner to be the next Fed chair, has given campaign contributions to President Trump ...

Wall Street Firing Spree Continues in 2026 as BlackRock Cuts Hundreds of Jobs ...

President Donald Trump plans to announce his pick for the next Federal Reserve chair on Friday morning. Among the finalists is one man who checks many of the boxes: BlackRock executive Rick Rieder.

US stocks ended down after Trump said he's choosing Kevin Warsh to be the next Fed chair. Gold and sliver posted their ...

President Trump said he would announce his pick to lead the Federal Reserve next week, closing in a decision that he has been weighing for months as he continues to attack current Chair Jerome Powell.

WASHINGTON -- President Donald Trump said he plans to announce his choice for chairman of the Federal Reserve on Friday ...

President Trump confirmed Friday morning that he will nominate Kevin Warsh to replace Jerome Powell as Chairman of the Federal Reserve, predicting Warsh “will go down as one of the GREAT Fed Chairmen, ...

By Andrea Shalal and Bo Erickson Jan 30 (Reuters) - President Donald Trump is expected to name a successor to Federal Reserve ...