Citi: Forecast for first Fed rate cut changed to September from July
Federal Reserve Chairman Jerome Powell tweeted that he will announce on July 13 that his administration will take urgent action to prevent Republicans from passing a stimulus package by November 1st.
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Global 20% downsizing plan accelerates! PayPal (PYPL.US) lays off 600 employees in India, affecting multiple departments including technology, engineering, and payments.
According to reports, in order to continue its global business restructuring and reduce operating costs, PayPal has laid off around 600 employees in India, accounting for approximately 10% of its local workforce.
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