Economy

US firms’ wave of massive layoffs gains momentum as companies shift toward automation

US firms’ wave of massive layoffs gains momentum as companies shift toward automation

Amazon, Dow, Pinterest, HP, Verizon and Tyson Foods announce job cuts in line with nationwide restructuring as firms prioritize artificial intelligence-driven automation

Diary.
Current events in Turkiye and the world, leaders’ schedules and international events will be on the Diary page
Türkiye's population in 2025 exceeds 86M
09.02.2026

Türkiye's population in 2025 exceeds 86M

Official data shows population grows by over 427,000 from previous year

US, India announce interim trade deal framework; seeking wider deal
07.02.2026

US, India announce interim trade deal framework; seeking wider deal

Interim pact 'reaffirms the countries’ commitment to the broader U.S.-India Bilateral Trade Agreement (BTA) negotiation,' nations say in statement

Consumer credit in US rises more than expected in December
07.02.2026

Consumer credit in US rises more than expected in December

Consumer credit in US totals $5.11T as of December 2025

New York Stock Exchange closes higher
07.02.2026

New York Stock Exchange closes higher

Dow Jones index gains over 1,200 points, closing above 50,000 for 1st time

Major US tech shares see over $1 trillion wiped off this week in major sell-off
06.02.2026

Major US tech shares see over $1 trillion wiped off this week in major sell-off

Shares of Microsoft, Nvidia, Oracle, Meta, Amazon, Alphabet tumble amid worries of overspending in AI