Cuts
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Tech
IBM Layoffs Take Place As Tech Giant Cuts Thousands And Joins The AI Race
International Business Machines Corp. (IBM) announced on Tuesday, Nov. 5, 2025, that it will cut thousands of jobs in the…
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Tech
Citibank Cuts Base Lending Rate: What Borrowers And Investors Should Know
Citibank has lowered its base lending rate by 0.25% on Oct. 30, 2025, from 7.25% to 7.00%, according to a…
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Tech
UPS Layoffs: Logistics Giant Cuts 48,000 Jobs In Efficiency Push And Profit Drive
United Parcel Service (UPS) began the year with nearly half a million employees but has since cut about 48,000 jobs…
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Markets
Goldman Sachs Predicts Gold Prices Can Hit $5000 Per Ounce, on Deteriorating Federal Reserve Independence, Rate Cuts
Gold futures have surged to record highs above $3,600 per ounce, with Goldman Sachs predicting the precious metal could reach…
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Black Business
Black Businesses and Urban League Staff Hit After Trump Cuts
Participating in the Urban League of Greater Atlanta’s Capital Readiness program last year helped metro Atlanta entrepreneur Tamara Fowler secure…
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Black Business
USDA Cuts Food Business Centers Supporting Black Farmers
Over the past seven months, Kenneth Sparks lost at least five federal grants as a result of cancellations and funding…
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Black Business
Why $500 Million In U.S. Aid Cuts Threatens Global Black Motherhood
Bill Gates gives to a child a rotavirus vaccine in Ghana. AFP via Getty Images Few issues in global health…
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Politics
Judge Cuts T.I. and Tiny’s $71M Doll Lawsuit Award to $17.9M
A federal judge has slashed the $71 million jury award previously granted to rapper T.I. and singer Tameka “Tiny” Harris…
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Tech
Microsoft To Lay Off 9,000 Employees In Latest Round Of Mass Cuts
Microsoft is laying off approximately 9,000 employees, impacting less than 4% of its global workforce. On Wednesday, July 2, 2025,…
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Black Business
Are DEI Cuts Driving Black Women To Entrepreneurship?
African American young woman working in a bakery shop, looking at the camera. getty Since DEI became a flashpoint in…
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