In May, U.S. businesses announced they plan to drop about 100,000 workers from their payrolls, 47 percent more than were announced in May 2024, outplacement firm Challenger, Gray & Christmas reported in new data.
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BIDEN PIER 2.0: MILITARIZED HUMANITARIAN AID DISTRIBUTION CENTERS IN GAZA BECOME MURDER MILLS
Over 100 Palestinians have been killed at Israeli- and U.S.-backed Gaza Humanitarian Foundation (GHF) sites in southern Gaza since 27 May, and hundreds have been injured, after warnings from the UN and NGOs that the project was doomed to fail from the start.
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GAZA DEATH TOLL
The death toll in Gaza reached 54,927 on Tuesday and 126,615 have been wounded. There are another 11,000 missing.
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GOING OUT OF BUSINESS TRENDS
The economic landscape has presented an array of challenges that will profoundly affect the business community this year.
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WHEN THE ECONOMY FALLS, JOBS GO WITH IT
The number of U.S. workers laid off in May was 47 percent higher than May last year, according to a report by outplacement firm Challenger, Gray & Christmas. The firm reported 93,816 layoffs by U.S. employers in May, up from 63,816 layoffs last May. The total number of job cuts through the end of May was 696,309, an increase of 80 percent from the 385,589 job cuts in the first five months of last year.
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CONGRESSMAN WANTS ‘FREE PALESTINE’ SLOGAN TO BE LABELED AS ANTISEMITIC
Rep. Gabe Evans, R-Colo., in response to the recent attack in Boulder that left 15 injured, introduced a resolution last week that labels the slogan “Free Palestine” as antisemitic stating it calls for the “destruction of the state of Israel and the Jewish people.”
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HUNDREDS OF PEOPLE ARRESTED IN NATIONWIDE EFFORT TO CRACK DOWN ON RETAIL THEFT
More than 100 jurisdictions in the U.S. took part in a two-day nationwide operation to crack down on shoplifting, which resulted in hundreds of arrests in over two dozen states that participated in the “Shoplifting Blitz.”
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HERBICIDE BANNED IN EU COULD BE HARMING AMERICANS IN NEW WAY
An herbicide banned in the European Union but popular in the U.S. can have a negative impact on the gut health of those exposed—causing a chain reaction that harms the lungs, kidneys, or liver, according to new research.
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TRUMP CHANGE: INAUGURAL DONORS BEGIN TO RECEIVE DIVIDENDS FROM INVESTMENT
Money talks, bullshit walks.
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BITCOIN GOES FULL MAGA, AND SOME ADVOCATES AREN’T THRILLED
U.S. President Donald Trump’s rise as a major bitcoin and crypto enthusiast has been widely celebrated by the industry since the world’s most powerful person is in its corner, but there are some crypto enthusiasts worried that Trump’s vocal embrace will end up hurting crypto.
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