Tesla reported a big drop in quarterly profits Tuesday amid an increasingly cutthroat electric vehicle market, but shares rallied as CEO Elon Musk pledged to accelerate plans for a more affordable EV.

Sunak announces jobless benefits cut after a year, aiming to end "lifestyle" dependency, in largest welfare overhaul in a generation

Tesla admits to errors in severance for some laid-off workers. CEO Elon Musk apologised and promised corrections.

According to career coaches, you should try and make a previous job firing be recognised as a mutual parting or resignation on your part.

Survey data shows that 64 per cent of employees are willing to take a pay cut for a job that better supports their mental wellbeing.

While career gaps can still lead to rejections, there has been a hike in recruiters who welcome lengthy gaps in employment.

Tesla's recent financial woes, marked by a substantial drop in its stock value, have prompted speculation about the company's financial health.

Season 6 of the hit Netflix series is set to begin streaming on Friday, February 23.

While recessions of the past, notably during the global financial crisis of 2008-2009, were protracted and severe, indications suggest that this downturn may be milder and short-lived.

Since the Labour Party overturned majorities in Kingswood and Wellingborough, Tory MPs have threatened a vote of no confidence and urged Sunak to knuckle down on immigration.

While US stocks closed up, the picture in Europe was less positive: London, Paris and Frankfurt all ended lower as investors locked in profits from recent gains.

The new data, derived from experimental results within the Labour Force Survey, could potentially exert pressure on the Bank of England to reconsider any immediate plans for interest rate cuts.

Global stock markets mostly fell Monday after comments by Federal Reserve boss Jerome Powell doused flickering hopes that US interest rate cuts could still begin in March.

The IMF sees a greater risk to the global economy if central banks start cutting interest rates too soon than if they move "slightly" too late, Managing Director Kristalina Georgieva said Thursday.

Global stocks were mixed Tuesday as Wall Street wavered ahead of fresh interest-rate signals from the US Federal Reserve, and new data showed that the eurozone dodged recession at the end of last year.

The report's focus encompassed the concentration of employers, the prevalence of non-compete clauses and the recent surge in hybrid working arrangements.

The Office For National Statistics reports that the annual rate of growth in earnings, including annual bonuses, has slowed to 6.5 per cent.

Google on Tuesday confirmed it is eliminating "a few hundred" positions from its global ad team, amid a push to use artificial intelligence for efficiency and creativity.

Amazon's gamer streaming unit Twitch on Wednesday announced that it was laying off 500 staff, reportedly one third of the company, as it struggles financially despite strong popularity among players.

Junior doctors in England on Wednesday defended a decision to start their longest consecutive strike in the seven-decade history of Britain's National Health Service (NHS).

Hundreds of staff at The Washington Post, one of America's most storied newspapers, walked off the job Thursday in a 24-hour strike after 18 months of contract negotiations failed to secure a deal.

US oil prices finished below $70 a barrel for the first time since July on Wednesday on a mixed day for global equities, as traders pondered hopes for interest rate cuts from the European Central Bank and the US Federal Reserve.

Global stocks were mixed Tuesday as investors digested data suggesting a slowing US labor market, while US crude prices sank to a five-month low amid lingering concerns about demand.

This is the third and most substantial round of layoffs for Spotify this year, a move attributed to pressure from an activist investor.

The UK government is changing the unsustainable UK welfare system with a new policy change that will reduce benefits for disabled and mentally ill people and make them work from home.

Elon Musk has previously admitted that he wants X to compete with YouTube, LinkedIn, FaceTime as well as banking apps.

Tube strikes that would see millions of passengers in chaos have been cancelled after an agreement that saved 200 jobs was made between TfL and RMT Union.

Treasury minister Andrew Griffith ruled out tax cuts in the "very short term" but raised hopes they may happen in 2024.

X-owner Elon Musk said that he had gutted the platform's team dedicated to preserving election integrity as key votes in many countries are approaching.

Industry regulator, Ofwat, said in its assessment that not one company reached their highest measure of performance.