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The selloff in gilts intensified on Tuesday as oil and gas prices surged due to the Middle East war, prompting traders to sharply reduce expectations of an interest rate cut …

Jack Dorsey Block, the financial technology company that runs Square and Cash Apps, is cutting its workforce by “nearly half” and eliminating more than 4,000 jobs. The company will shrink …

Troubled UK advertising group WPP has announced a radical restructuring to counter the threat posed by the rise of artificial intelligence, including plans to sell assets and cut jobs. Aiming …

Fintech company Block announced that it will lay off 4,000 of its 10,000 employees due to increased AI productivity. “Intelligence tools have changed what it means to build and run …

Unlock Editor’s Digest for free FT editor Roula Khalaf selects her favorite stories in this weekly newspaper. The Block, the fintech group headed by Twitter co-founder Jack Dorsey, will cut …

UK retailers are planning to cut staff hours and jobs amid rising employment costs and pessimism about the economy. More than half (52%) of finance bosses at retail companies said …

Unlock Editor’s Digest for free FT editor Roula Khalaf selects her favorite stories in this weekly newspaper. Heineken will cut 6,000 jobs over the next two years, amounting to about …

Unlock Editor’s Digest for free FT editor Roula Khalaf selects her favorite stories in this weekly newspaper. UK wage growth slowed in the three months to November as employers cut …

On Friday morning, both X and Grok websites and apps went offline for users around the world. Reports of outage started coming rapidly downdetector Around 10:00 AM ET, while Cisco …

today’s thought “I’m very upset. I’m very disappointed. I’m seriously disappointed.” -Pfizer CEO Albert Bourla told attendees at a health care conference this week what his feelings are about the …