Maskot | Digitalvision | Getty Images A cooling labor market, characterized by sluggish hiring and anemic job creation, made it hard for job seekers to find work in 2025, according to economists. “It’s fair to say that 2025 was a hiring recession in the United States,” Heather Long, chief economist at Navy Federal Credit Union,…
This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse. Subscribe here. Millions of techies and engineers who have built India’s multi-billion-dollar IT services industry have a new teammate: artificial intelligence. And embracing this partnership is no longer optional — resistance could mean…
Cleaning methi (fenugreek) leaves is a rather unexciting household chore for most home cooks, especially during winters when methi is a daily staple for rotis, parathas, and sabzis that brighten up the kitchen every morning. These small, delicate leaves are very reluctant to let go of their stalks, making the process rather tedious as each…
Danielle KayeBusiness reporter Getty Images Credit card debt is an increasingly heavy burden for millions of Americans. Selena Cooper, 26, is among those dealing with the strain. A former paralegal at the Social Security Administration, she was left without a stable income when the US government shut down a few months ago. She lost her…
A tragedy that pierced the heart of France has taken a deeper, more devastating turn. In October 2022, 12-year-old Lola Daviet was found raped, tortured, and murdered in her Paris neighborhood. The nation recoiled in shock and sorrow as details of her brutal killing at the hands of Dahbia Benkired, a 27-year-old Algerian migrant with…
Saks Global, the parent company behind the 159-year-old department store that’s become both a destination and a symbol for luxury fashion, filed for Chapter 11 bankruptcy protection on Wednesday after an unsustainable debt pile crushed its business. The company also announced former Neiman Marcus CEO Geoffroy van Raemdonck will immediately take over as chief executive,…
Fourteen people have been arrested and four people taken to hospital after a protest outside the Iranian embassy in London. One protester climbed across balconies to reach a terrace at the embassy and remove a flag before being detained on Friday night, police said. A further 13 were arrested for offences including violent disorder, assault…
Ayatollah Ali Khamenei has built his 37-year rule on uncompromising repression. His answer to the current protests is no different. Source link
U.S. Treasury Secretary Scott Bessent speaks during a press conference to unveil the official Trump Accounts website, at the Treasury Department in Washington, D.C., U.S., December 17, 2025. Aaron Schwartz | Reuters Treasury Secretary Scott Bessent on Thursday pressed the administration’s desire for lower interest rates, saying they are the key to future economic growth….
D3sign | Moment | Getty Images Read more CNBC personal finance coverage The reminder comes as the IRS faces tax changes enacted via President Donald Trump‘s “big beautiful bill” after staffing cuts from Elon Musk‘s so-called Department of Government Efficiency, or DOGE, and other reductions. These cuts didn’t significantly impact the 2025 filing season because…