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Top Moody on the Market News

Amazon cuts 16,000 jobs globally to undo pandemic-era hiring amid AI push — REUTERS / Carlos Barria

Amazon · United States

Amazon cuts 16,000 jobs globally to undo pandemic-era hiring amid AI push

60% Center coverage: 264 sources

Amazon said on Wednesday it was cutting 16,000 jobs worldwide in the second major round of layoffs at the ⁠company in three months, as it restructures after pandemic-era over-hiring and expands the adoption of artificial intelligence ‍tools.See the Story

Fed expected to keep rates unchanged as Chair Powell pivots back to economics — Chip Somodevilla/Getty Images via Getty Images

Federal Reserve · United States

Fed expected to keep rates unchanged as Chair Powell pivots back to economics

55% Center coverage: 62 sources

After two weeks of intense political and legal scrutiny, the Federal Reserve will seek to make this week’s meeting about interest rates as straightforward and uneventful as possible, though President Donald Trump probably still won’t like the result. See the Story

Trump accounts, deductions for tips: What's new for tax filing this year

New York City · New York

Trump accounts, deductions for tips: What's new for tax filing this year

80% Center coverage: 5 sources

(NEW YORK) -- Tax season kicked off this week as the U.S. Internal Revenue Service began allowing filers to submit completed tax forms.See the Story

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