Cuts
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Trump brags about federal job cuts, rollbacks that are the hurting Black economy
Many of the actions highlighted by the president have had direct negative outcomes for Black businesses and households since he…
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Tech
Marvel Studios Cuts 8% of Staff As The Walt Disney Co. CEO Josh D’Amaro Pushes ‘Technologically-Enabled Workforce To Meet Tomorrow’s Needs’ – AfroTech
Marvel Studios has been impacted by Disney layoffs. Josh D’Amaro, a 28-year company veteran, is currently leading The Walt Disney Co.…
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Crypto
Crypto Market Braces for Impact as BOJ Signals Further Rate Cuts Despite Yen Crash
The crypto market has been on edge as more information has come to light concerning the economic meeting held at…
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Black Business
For Black farmers like David Haugton, USDA cuts threaten small farmers and local food programs amid policy shifts
In March, the U.S. Department of Agriculture (USDA) made a pivotal decision to terminate the Local Food Purchase Assistance (LFPA)…
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Crypto
B. Riley Cuts Digital Asset Treasury Company Price Targets as Crypto Slump Deepens
B. Riley cut its outlook for digital-asset treasury companies (Datcos) after a sell-off that outpaced the declines in bitcoin BTC$90,074.42,…
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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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