Business

Visa slashes thousands of jobs in efficiency push

Visa on Tuesday announced plans to cut 7% of its workforce, or about 2,600 jobs, as the payment processor moves forward with a push to operate more efficiently. The job cuts are expected to primarily affect technology and product teams.”I have deep conviction that we are doing what is right…

Fed policymakers leave rates unchanged amid elevated uncertainty

This story about the Federal Reserve’s July 2026 interest rate decision is breaking news. Please check back for updates. The Federal Reserve on Wednesday announced that it will hold interest rates steady due to concerns about elevated inflation amid the war in Iran.Fed policymakers voted 9-3 to leave the benchmark federal…

How AI could redefine healthcare by the end of the decade

Advances in artificial intelligence (AI) are set to help reshape the healthcare industry in the years ahead, a new report finds. The Institute of Electrical and Electronics Engineers (IEEE), the largest group of technical professionals that’s dedicated to advancing technology to benefit humanity, released its Technology Megatrends 2030 Report on…

American Airlines flight diverted after mystery odor reportedly sickens crew

An American Airlines flight from Rome to Philadelphia diverted to Dublin on Saturday after a reported odor onboard prompted a medical evaluation for multiple people.  Flight 719, a Boeing 787-9 Dreamliner, departed Leonardo da Vinci International Airport (FCO) around noon local time but diverted to Dublin Airport roughly three hours…