Business

Microsoft cuts 4,800 positions, insists jobs ‘not being replaced by AI’

Microsoft said on Monday that it will eliminate roughly 4,800 jobs – or about 2.1% of its global workforce – as it restructures parts of the company to prioritize artificial intelligence investments and other long-term business goals. The reductions will primarily affect Microsoft’s commercial and Xbox organizations, with additional changes…

DOGE website deactivates after reaching self-termination deadline: ‘Come to an end’

The temporary organization behind the Department of Government Efficiency reached its scheduled termination date Saturday, July 4, 2026. President Donald Trump’s executive order last year creating the U.S. DOGE Service Temporary Organization set a July 4, 2026, termination date for that temporary organization.”A smaller Government, with more efficiency and less…

A dad revealed how his family of 5 eats at Chick-fil-A for under

A father says his family of five is able to eat at Chick-fil-A for under $45 using a DIY sandwich “hack,” though menu prices vary by location amid concerns across the country about affordability due to rising costs. Jeff Johnson, a worship pastor at an Atlanta church and a podcast…

Biden-era illegal immigration drove up housing costs, Fed economists find

A new Federal Reserve working paper found the record surge in illegal immigration during the Biden administration triggered higher home prices and rents. The findings arrive as immigration remains a polarizing political issue. Republicans argue former President Joe Biden’s border policies strained housing and public resources, while Democrats say immigration…

Oil prices hover near pre-conflict levels as OPEC+ boosts output again

Oil prices hovered near pre-conflict levels Sunday after OPEC+ agreed to increase production again, adding to global crude supplies as exports through the Strait of Hormuz continued to recover following months of disruption. The oil-producing alliance said it will raise output targets by 188,000 barrels per day beginning in August,…