BusinessOracle Plans Another 10,000 Job Cuts After Already Slashing 21,000 Positions While Pouring Seventy Billion Dollars Into AI
Oracle is preparing to eliminate as many as 10,000 jobs globally after cutting 21,000 positions in fiscal 2026, even as it spends seventy billion dollars annually on AI data centers.
FinanceStock Market Tumbles as Oil Surges Past Ninety Dollars and Bond Yields Hit 4.79 Percent
Wall Street opened September with a punishing selloff as crude oil surged above ninety dollars per barrel and Treasury yields climbed to 4.79 percent on renewed US-Iran military tensions.