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On today's “Tech Bytes: Week in Review,” we discuss federal cybersecurity cutbacks that affected this week's elections and a caucus of Midwestern states pushing to join the AI boom. Plus, Sens. Josh Hawley and Mark Warner introduced a bipartisan bill requiring some companies to report when AI replaces workers. Marketplace's Meghan McCarty Carino spoke with Axios tech policy reporter Maria Curi about these headlines and more.
On today's “Tech Bytes: Week in Review,” we discuss federal cybersecurity cutbacks that affected this week's elections and a caucus of Midwestern states pushing to join the AI boom. Plus, Sens. Josh Hawley and Mark Warner introduced a bipartisan bill requiring some companies to report when AI replaces workers. Marketplace's Meghan McCarty Carino spoke with Axios tech policy reporter Maria Curi about these headlines and more.
A Redmond councilmember appears to encourage literal 'fighting back” against ICE, doubles down despite the police chief’s warning. Last month experienced the biggest October job cuts in over two decades and it’s because of AI. // LongForm: GUEST: Saul Spady on the future of Seattle. // Quick Hit: Congresswoman Marjorie Taylor Greene appears to continue her leftward lurch after her appearance on ‘The View.’
The most October job cuts in over twenty years. More than October 2008, if you're keeping score. While that doesn't mean this is a repeat of 2008, can we all finally admit this is a really serious situation? And as the flat Beveridge curve emerges more clearly, the rising unemployment it represents is also causing collateral damage, pun intended. The New York Fed said yesterday auto, credit card and student loan delinquencies hit levels, well you'll have to see. Eurodollar University's Money & Macro Analysis---------------------------------------------------------------------------------------------------------------------What if your gold could actually pay you every month… in MORE gold?That's exactly what Monetary Metals does. You still own your gold, fully insured in your name, but instead of sitting idle, it earns real yield paid in physical gold. No selling. No trading. Just more gold every month.Check it out here: https://monetary-metals.com/snider---------------------------------------------------------------------------------------------------------------------Nov 06 October Challenger Report: 153,074 Job Cuts on Cost-Cutting & AIhttps://www.challengergray.com/blog/october-challenger-report-153074-job-cuts-on-cost-cutting-ai/Revelio Labs Employment — October 2025https://www.reveliolabs.com/public-labor-statistics/employment/Revelio Labs RPLS Reports 60k Jobs Added in September Amid BLS Shutdownhttps://www.reveliolabs.com/news/macro/rpls-september-release/https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU
The firm Challenger, Gray & Christmas counted over 153,000 job cuts in this country last month — the most October layoffs since 2003. Are companies pivoting to save money in light of over hiring and AI, or we are we moving toward a more serious slowdown? Also in this episode: A training center in China narrows the gap between tech manufacturing labor supply and demand, the FAA orders flight cuts, and “green” data centers face expensive challenges.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.
The firm Challenger, Gray & Christmas counted over 153,000 job cuts in this country last month — the most October layoffs since 2003. Are companies pivoting to save money in light of over hiring and AI, or we are we moving toward a more serious slowdown? Also in this episode: A training center in China narrows the gap between tech manufacturing labor supply and demand, the FAA orders flight cuts, and “green” data centers face expensive challenges.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.
In this episode, Scott Becker discusses the sharp rise in layoffs, with 153,000 jobs cut in October.
The US is set to face significant travel disruption. A new report shows the worrying effect AI is having on the job market. Nancy Pelosi, the first ever female House Speaker, will not stand for re-election. President Donald Trump won't be at COP30 next week, but a presidential hopeful will be. Plus, how the FDA is cracking down on unlicensed Botox. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Earnings season rumbling on as new data starts to show cracks in the jobs market:Sara Eisen, Carl Quintanilla, and David Faber kicked off the hour breaking down a new report showing US companies announced the most job cuts for any October - in more than two decades... With more from one Janus Henderson Portfolio Manager who says big tech is still the place to be. Plus: Charles Schwab's CEO joined the team on the heels of a big new bet on private markets - while the CEO of Chime discussed new earnings from the fintech and what they're seeing on the consumer side. Also in focus: the fate of Elon Musk's $1T pay package getting decided today - why our autos reporter says it's likely to pass; what's driving Doordash shares to their worst day on record; and the biggest earnings movers to know in early trading. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
From Wall Street to Main Street, the latest on the markets and what it means for your money. Updated regularly on weekdays, featuring CNBC expert analysis and sound from top business newsmakers. Anchored and reported by CNBC's Jessica Ettinger. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
In this episode, Scott Becker discusses the sharp rise in layoffs, with 153,000 jobs cut in October.
Fire and Emergency NZ is looking into cutting jobs in a bid to save $50 million a year. It says it's in a tightening financial bind, and a significant restructure is on the cards - with consultation documents set to be sent to staff by next week. NZ Firefighters Union national secretary Wattie Watson says Fire and Emergency has already cut a recruit course set to take place in January. "We've got some real worries there - the recruit course that was being cancelled next year in January, that actually impacts on the normal recruiting." LISTEN ABOVESee omnystudio.com/listener for privacy information.
How do we advocate for equity amidst federal policy changes that actively widen gender and racial gaps?Since April, a record-low unemployment rate for Black Americans has skyrocketed, surging from below 5% to 7.5%. At the same time, the unemployment rate for white Americans dropped slightly to below 4%. The economic position for Black women in particular was just beginning to get better, and today, slashed public sector jobs and a slew of other factors are causing a rapid backslide.When people of color, and especially Black women, lose ground, it's a flashing neon warning sign of systemic cracks that, ultimately, impact us all. In this episode, I'm breaking down the of data that highlights just how heavily our current economic problems are impacting American workers, families, and communities.The numbers don't lie. Here's what they show:The federal and public sector job cuts are disproportionately impacting Black women;Attacks on DEI programs are stifling improvements that had barely begun;Good leadership today looks like advocating for equity and opportunity for all.Related Links:Joint Center for Economic and Policy Research, “The Best Black Economy in Generations – And Why It Isn't Enough” - https://jointcenter.org/wp-content/uploads/2024/08/The-Best-Black-Economy-in-Generations-Final.pdfEconomic Policy Institute, “What's behind rising unemployment for Black workers?” - https://www.epi.org/blog/whats-behind-rising-unemployment-for-black-workers/The New York Times, “The Racial Wage Gap is Shrinking” - https://www.nytimes.com/2023/06/19/briefing/juneteenth-racial-wage-gap.htmlThe New York Times, “In Trump's Federal Work Force Cuts, Black Women Are Among the Hardest Hit” - https://www.nytimes.com/2025/08/31/us/politics/trump-federal-work-force-black-women.htmlMSNBC, “300,000 Black women have left the labor force in 3 months. It's not a coincidence.” - https://www.msnbc.com/know-your-value/business-culture/300000-black-women-left-labor-force-3-months-s-not-coincidence-rcna219355The New York Times, “Black Unemployment Is Surging Again. This Time Is Different.” - https://www.nytimes.com/2025/10/12/business/economy/black-unemployment-federal-layoffs-diversity-initiatives.htmlThe New York Times, “Trump Fires Black Officials From an Overwhelmingly White Administration” - https://www.nytimes.com/2025/10/08/us/politics/black-leaders-trump.htmlThe White House, “Ending Illegal Discrimination and Restoring Merit-Based Opportunity” - https://www.whitehouse.gov/presidential-actions/2025/01/ending-illegal-discrimination-and-restoring-merit-based-opportunity/The New York Times, “How Corporate America Is Retreating From D.E.I.” - https://www.nytimes.com/interactive/2025/03/13/business/corporate-america-dei-policy-shifts.htmlBrookings, “Black wealth is increasing, but so is the racial wealth gap - https://www.brookings.edu/articles/black-wealth-is-increasing-but-so-is-the-racial-wealth-gap/Episode 526, The Double Tax: What It Really Costs Women of Color to Succeed - https://www.bossedup.org/podcast/episode526TAKE ACTION with Bossed Up - https://www.bossedup.org/takeactionBossed Up Courage Community - https://www.facebook.com/groups/927776673968737/Bossed Up LinkedIn Group - https://www.linkedin.com/groups/7071888/ Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Tim Powers guests hosts for Vassy Kapelos this afternoon. Vassy will be back on Monday. On today's show: CTV's Jeremie Charon unveils the latest developments in the Canada-U.S. trade war. Vina Nadjibulla, the Vice-President of the Asia Pacific Foundation of Canada, breaks down what to expect from Prime Minister Carney's meeting with Chinese President Xi Jinping. PSAC National President Sharon DeSousa reacts to the Finance Minister's comments on public sector job cuts. Talk Science To Me with CTV Science and Technology specialist Dan Riskin. The Daily Debrief Panel - featuring Mike LeCouteur, Rob Benzie, and Laura Stone. Newfoundland and Labrador Premier Tony Wakeham on his new P.C. government's agenda. Canadian Olympic Committee CEO David Shoemaker on the ongoing preparations for the 2026 Milano-Cortina Winter Olympics.
The NIA boys discuss Amazon Automation & Job Cuts, Gold Drops, Debasement Trade, AI Music & NBA Betting ScandalTimestamps(00:00:00) - Intro(00:02:54) - Meme of the Week(00:03:39) - Amazon Automation & Job Cuts(00:23:06) - Gold Drops & Debasement Trade(00:28:47) - AI Music (00:40:51) - NBA Betting ScandalWhat Is Not Investment Advice?Every week, Jack Butcher, Bilal Zaidi & Trung Phan discuss what they're finding on the edges of the internet + the latest in business, technology and memes.Subscribe + listen on your fav podcast app:Apple: https://pod.link/notadvicepod.appleSpotify: https://pod.link/notadvicepod.spotifyOthers: https://pod.link/notadvicepodListen into our group chat on Telegram:https://t.me/notinvestmentadviceLet us know what you think on Twitter:http://twitter.com/bzaidihttp://twitter.com/trungtphanhttp://twitter.com/jackbutcherhttp://twitter.com/niapodcast Hosted on Acast. See acast.com/privacy for more information.
Learn about the latest in local public affairs in about the time it takes for a coffee break! Brian Callanan of Seattle Channel and David Kroman of the Seattle Times discuss two new polls on the Seattle mayor's race, a complex start to the City Council's budget process, a new contract for the largest union representing Seattle's rank and file police officers, a push for new bus lanes, and the impact of thousands of local Amazon layoffs. If you like this podcast, please support it on Patreon!
For the latest and most important news of the day | https://www.thecanadianpressnews.ca To watch daily news videos, follow us on YouTube | https://www.youtube.com/@CdnPress The Canadian Press on X (formerly Twitter) | https://twitter.com/CdnPressNews The Canadian Press on LinkedIn | https://linkedin.com/showcase/98791543
For this week's Tech Takeover, Jess Kelly, Newstalk's Technology Correspondent joins Ciara Doherty to discuss Amazon's plan to cut 14,000 jobs globally, and how AI seems to be the driving reason behind this.
Commercial Awareness with Watson’s Daily business and financial news
In this episode, Emma Dulinkova and I talk about Amazon's decision to cut 14,000 jobs and whether companies are just using AI as an excuse to sack people they were going to cut anyway...
October 28, 2025: Companies are re-establishing discipline after years of expansion, excess, and employee-first drift. This episode explores five major shifts reshaping the future of work: Amazon's "lean in on AI" directive following 14,000 layoffs, UPS cutting 48,000 jobs as automation accelerates, the limits of Gen Z's workplace expectations, CEOs pushing to restore a performance culture, and the rise of ultralean organizations focused on output over headcount. Each story reveals how technology, accountability, and efficiency are redefining what it means to be future ready.
On another record-setting day for stocks, Carl Quintanilla, Jim Cramer and David Faber delved into a slew of tech-related news. OpenAI converted into a public-benefit corporation in which Microsoft will hold a 27% stake. The news sent Microsoft's market cap back above $4 trillion. Separately, Apple hit a $4T valuation for the first time. Amazon announced plans to cut 14,000 jobs. A CEO Doubleheader: AMD's Lisa Su joined the program to discuss the chipmaker's AI supercomputer partnership with the Department of Energy. Royal Caribbean Group's Jason Liberty spoke about the cruise operator's earnings beat and raised guidance that failed to lift the stock. Also in focus: Skyworks Solutions-Qorvo merger, UPS shares surge. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Andrew, Ben, and Tom, live from Las Vegas, discuss the latest conference topics, Amazon job cuts, UPS earnings, and SBUX in China. Please forgive the poor audio quality this morning, as we're using our travel setup.Song: Waking Up In Vegas - Katy PerryFor information on how to join the Zoom calls live each morning at 8:30 EST, visit:https://www.narwhal.com/blog/daily-market-briefingsPlease see disclosures:https://www.narwhal.com/disclosure
In today's Tech3 from Moneycontrol, we bring you the top stories shaping the world of startups and tech. Dream11 expands to 11 international markets after its free-to-play model pivot, WazirX faces a new legal storm after its $230 million hack, Z47 doubles down on AI-first fintechs reimagining credit and lending, and Amazon plans to cut about 14,000 corporate jobs amid its AI overhaul.
The Big K Hour 3: City Development and Amazon job cuts! full 1460 Tue, 28 Oct 2025 15:09:46 +0000 VVLMW25K4PucBPHxbIca9AA2M1CayHlQ news,a-newscasts,top picks The Big K Morning Show news,a-newscasts,top picks The Big K Hour 3: City Development and Amazon job cuts! The Big K Morning Show 2024 © 2021 Audacy, Inc. News News News News news News News News News News False https://player.amperwavepodcasting.co
Links & ResourcesFollow us on social media for updates: Instagram | YouTubeCheck out our recommended tool: Prop StreamThank you for listening!
A lawsuit alleges Casey's General Stores didn't apply advertised in-store discounts. Target plans to cut 1,800 jobs. And convenience-store retailers continue to see robust growth of nicotine pouches.
Welcome to Omni Talk's Retail Daily Minute, sponsored by Mirakl. In today's Retail Daily Minute, Omni Talk's Chris Walton discusses:OpenAI launches ChatGPT Atlas, a web browser with built-in AI assistance that understands context and completes tasks without leaving the page.Dollar General's grocery expansion pays off as cross-shopping from Kroger customers surges to 52%, while traditional supermarkets lose market share.Amazon's leaked documents reveal plans to replace over 600,000 US workers with robots by 2033, potentially saving 30 cents per item through automation.The Retail Daily Minute has been rocketing up the Feedspot charts, so stay informed with Omni Talk's Retail Daily Minute, your source for the latest and most important retail insights. Be careful out there!
Send us a textNestlé just announced 16,000 job cuts, one of the largest in modern CPG history.Jenny Rae and Namaan break down what this massive restructuring says about the company's new strategy, how it mirrors the playbooks of Kraft Heinz and Hershey, and what it reveals about the future of global consumer brands.They unpack how Nestlé defines “winning,” why the market rewarded layoffs, and what every business leader can learn about growth, portfolio management, and decision-making under pressure.Links mentioned in the episode:Nestle to cut 16,000 jobs as new CEO ignites 'turnaround fire' (Reuters)Nestle earningsNestle portfolio of brandsKraft-Heinz breakup signals the end of scale at all costs (previous episode)Chapters06:26 Understanding the Layoffs08:50 Metrics for Winning in Business11:04 Strategic Cash Deployment13:09 Job Cuts and Sales Growth14:22 The Reality Behind Spending Trends17:03 Navigating Consumer Confidence21:23 Analyzing Nestle's Growth Beyond the Headlines25:20 Where Will the Capital Go?27:12 Lessons from Nestle's Business ModelListen to the Market Outsiders podcast, the new daily show with the Management Consulted teamConnect With Management Consulted Schedule free 15min consultation with the MC Team. Watch the video version of the podcast on YouTube! Follow us on LinkedIn, Instagram, and TikTok for the latest updates and industry insights! Join an upcoming live event - case interviews demos, expert panels, and more. Email us (team@managementconsulted.com) with questions or feedback.
Your 60-second money minute. Today's topic: Most Job Cuts In Five Years Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Headlines: – Welcome to Mo News (02:00) – Remaining 20 Living Israeli Hostages Freed From Gaza; About 2,000 Palestinian Prisoners Released From Israeli Prisons (04:30) – Trump Addresses Knesset After Historic Peace Deal (13:00) – Trump Signs Ceasefire Deal In Egypt (19:10) – Dozens Rescued In Alaska After Remnants of Typhoon Halong Batter Region (29:40) – Education Department Layoffs Hit Offices That Oversee Special Ed. (30:40) – Airports Say They Won't Air Kristi Noem Shutdown Video At TSA Checkpoints (33:20) – News Outlets Broadly Reject Pentagon Rules Before Signing Deadline (35:00) – Why Everyone Is Getting a Prenup (39:45) – On This Day In History (42:20) Thanks To Our Sponsors: – LMNT - Free Sample Pack with any LMNT drink mix purchase – Industrious - Coworking office. 50% off day pass | Promo Code: MONEWS50 – Incogni - 60% off an annual plan| Promo Code: MONEWS – Factor Meals – 50% your first box plus free shipping | Promo Code: monews50off – Monarch Money - 50% off your first year | Promo Code: MONEWS – Shopify – $1 per-month trial | Code: monews
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In this episode, Mark sits down with Jason Brown, a leading stock market expert and entrepreneur, to navigate the fast-changing financial landscape driven by AI and massive job displacement.With predictions from the Senate estimating over 100 million jobs could be displaced in the next decade, the conversation explores how stock market investing and developing multiple streams of income are becoming essential strategies for financial security.Secure your future with the #1 AI newsletter! https://www.aiupdate.aiJason emphasizes the importance of adapting to technological change, leveraging the power of the stock market, and making AI work for you—both as an employee and investor.He shares actionable insights on where to look for investment opportunities, including data centers, semiconductor companies, cybersecurity, and cloud services, likening it to the "gold rush" where those selling the shovels profited as much as or even more than the miners.Beyond investing, Jason and Mark stress the value of continuous learning and reinvention, especially as traditional paths like college degrees become outdated more quickly.Jason details how he uses AI agents daily to gather fast, accurate financial intelligence, leveling the playing field for individual investors.Key Takeaways:1. Stay Adaptable: Keep learning and building evergreen skills as AI reshapes jobs.2. Invest Smart: Growth in data, chips, cybersecurity, and cloud tech is creating new wealth paths.3. Use AI Tools: Leverage AI agents for real-time insights and faster, smarter investment decisions.Chapters:00:00 - Intro00:40 - Jason Brown01:14 - The Problem With Education04:00 - AI Layoffs And Stock Market07:55 - Data Centers12:29 - AI Is Replacing College Grads?16:16 - Is College Worth It?18:30 - The Advantage of using AI23:08 - AI Agents 26:14 - Final Thoughts Jason Brown :https://thebrownreport.com/
The news hit like a gulp of bitter cold brew: Seattle-based Starbucks announced last month the company would be closing hundreds of stores and laying off another 900 corporate employees. Tuesday, October 7th, it was reported that another 369 employees will be laid off here in Washington State in December due to store “closures.” This follows a restructuring plan laid out by CEO Brian Niccol. Here to walk us through the latest out of SBUX HQ is Heather Haddon. She covers restaurants for the Wall Street Journal, and has been following this story all year. GUEST: Heather Haddon RELATED LINKS: Starbucks’s Roller Coaster Week of Job Cuts and Store Closures Starbucks to Close Stores, Lay Off 900 More Corporate Employees Has Your Starbucks Barista Been Acting Especially Friendly Lately? Here’s Why. Message from Brian: An Important Update - About Starbucks Thank you to the supporters of KUOW, you help make this show possible! If you want to help out, go to kuow.org/donate/soundsidenotes Soundside is a production of KUOW in Seattle, a proud member of the NPR Network.See omnystudio.com/listener for privacy information.
President Donald Trump defends plans to permanently cut federal jobs and programs while more than 600,000 federal employees remain unpaid during the ongoing government shutdown. AURN News examines how these cuts could reshape the federal workforce and deepen the shutdown's economic impact. Subscribe to our newsletter to stay informed with the latest news from a leading Black-owned & controlled media company: https://aurn.com/newsletter Learn more about your ad choices. Visit megaphone.fm/adchoices
The government shutdown is now in its third day, and Northern Virginia is already feeling the strain. Congressman James Walkinshaw is just one month into representing Fairfax County as federal job cuts and economic uncertainty ripple through the region. He joins us to share what he's hearing from constituents, how he's approaching the crisis and what this moment reveals about the future of federal work in the DMV.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Trump threatens to cut jobs and critical programs during the government shutdown. An off-duty cop is suspended after pulling a gun on innocent kids. A teacher records herself calling Black student a monkey during a Birthday song. Host: Dr. Rashad Richey (@IndisputableTYT) Co-Host: Elliott Morgan (@ElliottcMorgan) *** SUBSCRIBE on YOUTUBE ☞ https://www.youtube.com/IndisputableTYT FOLLOW US ON: FACEBOOK ☞ https://www.facebook.com/IndisputableTYT TWITTER ☞ https://www.twitter.com/IndisputableTYT INSTAGRAM ☞ https://www.instagram.com/IndisputableTYT Learn more about your ad choices. Visit podcastchoices.com/adchoices
Fighting for you from the Foxhole of Freedom— Number One— Car companies are scrambling to keep the EV subsidies in place to bail out their future profits— remember government payouts is not a business plan— Number Two— The affordable care act is on the road to where we always told you it would be—trying to create single payer—because the premiums have gone wildly higher— Number Three— Hundreds of thousands of job cuts are coming to the federal government if the Democrats continue to block funding—the Trump Administration is poised to make permanent cuts if the Dems continue to dig in their heels—
With initial weekly jobless claims likely delayed by the shutdown, investors await a private job cuts report. Wall Street hit records yesterday despite the D.C. closure.Important DisclosuresThis material is intended for general informational purposes only. This should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned may not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decisions.The Schwab Center for Financial Research is a division of Charles Schwab & Co., Inc.All names and market data shown above are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Supporting documentation for any claims or statistical information is available upon request.Past performance is no guarantee of future results.Diversification and rebalancing strategies do not ensure a profit and do not protect against losses in declining markets.Indexes are unmanaged, do not incur management fees, costs, and expenses and cannot be invested in directly. For more information on indexes, please see schwab.com/indexdefinitions.The policy analysis provided by the Charles Schwab & Co., Inc., does not constitute and should not be interpreted as an endorsement of any political party.Fixed income securities are subject to increased loss of principal during periods of rising interest rates. Fixed income investments are subject to various other risks including changes in credit quality, market valuations, liquidity, prepayments, early redemption, corporate events, tax ramifications, and other factors.All expressions of opinion are subject to change without notice in reaction to shifting market, economic or political conditions. Data contained herein from third party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed.Investing involves risk, including loss of principal, and for some products and strategies, loss of more than your initial investment.The Schwab Center for Financial Research is a division of Charles Schwab & Co., Inc.Apple Podcasts and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries.Google Podcasts and the Google Podcasts logo are trademarks of Google LLC.Spotify and the Spotify logo are registered trademarks of Spotify AB.(0131-1025) Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
From Wall Street to Main Street, the latest on the markets and what it means for your money. Updated regularly on weekdays, featuring CNBC expert analysis and sound from top business newsmakers. Anchored by CNBC's Jessica Ettinger. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
On today's podcast:1) White House Budget Director Russell Vought is planning to swiftly dismiss federal workers, a sign that Republicans will lean into hardball tactics to pressure Democrats to cave to end a government shutdown. Vought told House lawmakers Wednesday that some federal agencies will move to terminate workers within one to two days, according to people familiar with the remarks, who requested anonymity to discuss a private meeting. White House Press Secretary Karoline Leavitt told reporters that layoffs would happen within “two days, imminent, very soon” but declined to give any details about what agencies or positions would be targeted. Meantime, the Trump administration is planning to cancel billions of dollars earmarked for hydrogen projects in California and the Pacific Northwest, as well as $18 billion in infrastructure funding for the New York metro region.2) Federal Reserve Bank of Chicago President Austan Goolsbee said a lack of official data while the US government is shut down will make it harder for central bankers to interpret the economy. Goolsbee reiterated concerns about a recent pickup in services inflation, which he said could mean price pressures are persistent in parts of the economy least impacted by tariffs.3) OpenAI has completed a deal to help employees sell shares in the company at a $500 billion valuation, propelling the ChatGPT owner past Elon Musk’s SpaceX to become the world’s largest startup. Current and former OpenAI employees sold about $6.6 billion of stock to investors including Thrive Capital, SoftBank Group Corp., Dragoneer Investment Group, Abu Dhabi’s MGX and T. Rowe Price, a person familiar with the transaction said. That boosted the US company’s price tag well past its previous $300 billion level during a SoftBank-led financing round earlier this year.See omnystudio.com/listener for privacy information.
How will the October 2025 government shutdown impact federal employees, retirees, and Social Security recipients? In this video, CD Financial breaks down what you can expect, tips to protect your income, how to bridge financial gaps, and updates on benefits. Get expert retirement and financial planning strategies tailored to the federal workforce.
- European Suppliers Beg for EU's Help - BYD Slashed Japan Prices 50% - Xiaomi To Sell Cars in Japan In Smart Phone Stores - Used EVs Are Hottest Segment in U.S. - JLR Slowly Restarting After Cyber Attack - GM Reopens Tech Center After Legionnaire's Disease Scare - Stellantis Appoints New CFO - Mercedes Speeds Up Tech Development - Porsche and BASF Test Chemical Recycling - Retractable Door Handles Poll Results
- European Suppliers Beg for EU's Help - BYD Slashed Japan Prices 50% - Xiaomi To Sell Cars in Japan In Smart Phone Stores - Used EVs Are Hottest Segment in U.S. - JLR Slowly Restarting After Cyber Attack - GM Reopens Tech Center After Legionnaire's Disease Scare - Stellantis Appoints New CFO - Mercedes Speeds Up Tech Development - Porsche and BASF Test Chemical Recycling - Retractable Door Handles Poll Results
- Trump Slaps 25% Tariff on Heavy-Duty Trucks - Bosch Cutting 13,000 Jobs - Volkswagen Pauses Production at German EV Plants - JLR Restarts Some Operations - BYD Continues Price War in China - Dongfeng, Xpeng and Xiaomi Expand EU Growth - China to Require EV Export Permits - Xiaomi Launches Customization Service - CATL To Start Shipping Sodium-Ion Batteries Next Year - Dreame Technology Rips Off Rolls-Royce Cullinan
- Trump Slaps 25% Tariff on Heavy-Duty Trucks - Bosch Cutting 13,000 Jobs - Volkswagen Pauses Production at German EV Plants - JLR Restarts Some Operations - BYD Continues Price War in China - Dongfeng, Xpeng and Xiaomi Expand EU Growth - China to Require EV Export Permits - Xiaomi Launches Customization Service - CATL To Start Shipping Sodium-Ion Batteries Next Year - Dreame Technology Rips Off Rolls-Royce Cullinan
Listen for the latest from Bloomberg NewsSee omnystudio.com/listener for privacy information.
There's a black market trade for everything — including ants. (Yes, even ants.) And President Donald Trump has slashed the number of federal government employees, which included entomologists focused on pest control. Today, we'll look at what the illicit ant trade looks like and the sort of environmental and financial costs that can result from invasive species. But first, Trump has his first chance at reshaping the Federal Reserve through the nomination of Stephen Miran.
In this Sunday brunch edition, John Solomon welcomes Congressman Tim Burchett from Tennessee to discuss the significant reduction of federal jobs, a move that aims to shrink government bureaucracy. We also hear from Kingsley Wilson, the dynamic press secretary at the Pentagon, who addresses the fallout from a controversial Washington Post article regarding security details of Secretary Pete Hegseth's family. Lastly, Dr. Jonathan Greenberg from Zyppah shares insights on a revolutionary mouth guard designed to combat snoring and improve sleep quality.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.