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Meta may be planning to make serious cuts to its Metaverse division, Bloomberg reported, citing anonymous sources. Company executives are mulling slashing the virtual reality platform’s budget by up to 30%, the report said, adding that any reductions would also include layoffs. If Meta does go ahead with such a plan, the move would reflect … Read more
U.S. President Donald Trump gestures during an announcement from the State Dining Room at the White House in Washington, D.C., U.S., Oct. 23, 2025. Jonathan Ernst | Reuters President Donald Trump on Friday exempted key agricultural imports like coffee, cocoa, bananas and certain beef products from his higher tariff rates. The move comes as Trump faces political blowback for … Read more
U.S. President Donald Trump looks on during the swearing-in ceremony of U.S. Ambassador to India Sergio Gor in the Oval Office of the White House on Nov. 10, 2025 in Washington, DC. Anna Moneymaker | Getty Images The U.S. and Switzerland are getting close to signing a trade deal to lower tariffs of 39% that … Read more
The U.S. immigration crackdown will cause net job losses in the millions and will lower the annual rate of economic growth by almost one-third over the next decade, a new study estimates. The Trump administration’s policies aimed at legal and illegal immigration would reduce the projected number of workers by 6.8 million by 2028 and … Read more
Picture taken on September 4, 2023 shows windmills at the Nysted Offshore Wind Farm constructed by Danish windpower giant Orsted in 2002-2003 in the Baltic Sea near Gedser in Denmark. Thomas Traasdahl | Afp | Getty Images Beleaguered wind farm operator Orsted announced Thursday that it intends to reduce its workforce by a quarter toward … Read more
Shotbydave | E+ | Getty Images U.S. oil companies are cutting jobs by the thousands as they respond to falling crude prices, higher tariffs, and a wave consolidation in the industry. President Donald Trump promised boom times for oil and gas when he took office in January. Instead, the industry has shed 4,000 positions through … Read more
Engineers from Ohio State University are developing a new way to power rocket engines, using liquid uranium for a faster, more efficient form of nuclear propulsion that could deliver round trips to Mars within a single year. NASA and its private partners have their eyes set on the Moon and Mars, aiming to establish a … Read more
This weekend’s The Conjuring: Last Rites kicks off fall’s slate of horror movies, and AMC Theaters wants to use the occasion to get more butts in seats. Enter, the Slash Pass. Beginning with Last Rites, theatergoers can use the Pass to see six participating horror movies, or do different combinations like seeing one of the specific movies with five … Read more
Efforts to gut regulation across the US government using AI are well underway. On Wednesday, the Office of the Chief Information Officer at the Office of Management and Budget hosted a video call to discuss an AI tool being used to cut federal regulations, which the office called SweetREX Deregulation AI. The tool, which is … Read more
The Moderna Inc. headquarters in Cambridge, Massachusetts, on March 26, 2024. Adam Glanzman | Bloomberg | Getty Images Moderna on Thursday said it plans to slash roughly 10% of its global workforce by the end of the year, as Covid shot sales continue to dwindle and the company grapples with uncertainty in the vaccine market. … Read more
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