
Engadget
#Layoffs: PayPal to Cut 2,000 Jobs
Layoffs: PayPal is planning to cut 2,000 jobs in an effort to reduce costs and streamline operations. The job cuts are expected to affect employees across the company's global workforce, including its product, technology, and customer service teams. The layoffs are part of a larger restructuring plan that PayPal has been working on for several months. The company has not yet revealed which specific positions will be affected by the job cuts.

Financial Times

#HuaweiCutOff #USPlans #ExportLicenses
The Huawei Cut-Off US Plans are export licenses that restrict the sale of certain US technology to Huawei, a Chinese telecommunications company. These plans are designed to protect US national security interests by preventing the transfer of sensitive technology to Huawei. The licenses also limit the ability of Huawei to purchase US-made components and software, which could be used to build or maintain its telecommunications networks. The restrictions are part of a broader effort by the US government to limit Huawei's access to US technology and markets.

Financial Times

US Regulators Find Apple’s Secrecy Violates Employee Rights
The US Department of Labor has found that Apple Inc. has violated the rights of its employees by not providing them with adequate information about their wages and working conditions. The investigation found that Apple had failed to provide employees with information about their wages, hours worked, and other terms and conditions of employment. This lack of transparency has resulted in employees being unable to make informed decisions about their employment and has led to potential violations of labor laws. Apple has been ordered to provide employees with the necessary information and to take steps to ensure that such violations do not occur in the future.

NPR

#AI #HiringTools #Discrimination #EEOC
AI Hiring Tools are computer programs that use artificial intelligence to help employers make hiring decisions. These tools can analyze resumes, conduct interviews, and even assess job applicants' skills and qualifications. However, there is a risk of discrimination when using AI Hiring Tools, as they may be biased against certain groups of people. It is important for employers to be aware of the potential for discrimination and to comply with the Equal Employment Opportunity Commission (EEOC) guidelines when using these tools.

Kitco NEWS

#GoldReserves #CentralBanks #SanctionsRisk
Gold reserves are a form of financial asset held by central banks as a way to protect against economic and political risks, such as sanctions. Gold reserves are typically held in the form of bullion or coins, and can be used to back up a country's currency or to pay for imports. Central banks also use gold reserves to diversify their portfolios and hedge against inflation.

Cointelegraph

#Bitcoin's #HealthyEcosystem: On-Chain Data & Recent Price Rally
Bitcoin's Healthy Ecosystem is a comprehensive look at the on-chain data and recent price rally of Bitcoin. It provides an in-depth analysis of the current state of the Bitcoin network, including metrics such as transaction volume, hash rate, and miner revenue. It also examines the recent surge in Bitcoin prices and the potential implications for the future of the cryptocurrency. The report provides an overview of the key drivers of the Bitcoin ecosystem, including the increasing demand for Bitcoin, the growing number of users, and the increasing number of businesses accepting Bitcoin. Finally, it looks at the potential risks and opportunities associated with investing in Bitcoin.

Barron's
The Fed is the Focus After a Great January in the Stock Market #Stocks #Fed #January
The Federal Reserve has been the focus of the stock market in January, as investors have seen a great month of returns. The Fed's monetary policy decisions have had a major impact on the stock market, and investors are closely watching to see what the central bank will do next. With the economy continuing to improve, the Fed is likely to remain in the spotlight for the foreseeable future. #Stocks #Fed #January

Vanessa Girard

#AMD Shares Surge After Fourth-Quarter Earnings Beat Estimates
AMD Shares Surge After Fourth-Quarter Earnings Beat Estimates is a news article about the stock market performance of Advanced Micro Devices (AMD). The article reports that AMD's fourth-quarter earnings beat analysts' estimates, causing the company's shares to surge in value. The article also provides an overview of AMD's financial performance and outlook for the future.

Vanessa Girard

#HighBetaStocks #BearMarket #JoeTerranova
Joe Terranova's High Beta Stocks are designed to help investors navigate bear markets. These stocks have a higher beta than the overall market, meaning they are more volatile and can provide greater returns in a down market. Joe Terranova's picks are based on his extensive experience in the stock market and his ability to identify stocks that are likely to outperform in a bear market. With these stocks, investors can take advantage of the potential for higher returns while also mitigating risk.