Washington Times - Business
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Microsoft to lay off about 3% of its workforce
Microsoft began laying off nearly 3% of its entire workforce Tuesday, its largest mass layoff in more than two years.
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Nvidia to send 18,000 AI chips to Saudi Arabia
U.S. chip maker Nvidia will partner with Saudi Arabia's sovereign wealth fund-owned AI startup Humain and will ship 18,000 chips to the Middle...
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Wall Street climbs following a slowdown in inflation as the S&P 500 erases its loss for 2025
Most U.S. stocks are rising Tuesday following an encouraging report that showed inflation unexpectedly slowed across the country last month.
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ESPN says its direct-to-consumer streaming service will debut in September
ESPN said Tuesday that its new all-encompassing streaming service will take on a familiar name - ESPN - and launch in September at an initial price...
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Trump announces plan to lift sanctions on Syria
President Trump said he is ordering the cessation of sanctions against Syria to "give them a chance at greatness."
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UnitedHealth Group CEO steps down as company lowers, then withdraws financial outlook for 2025
UnitedHealth CEO Andrew Witty is stepping down for personal reasons and the nation's largest health insurer suspended its full-year financial...
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European economist says Russia's economy is strained due to the Ukraine war and sanctions
Russia's economy is under growing strain as its invasion of Ukraine drags on and Western sanctions are undermining President Vladimir Putin's...
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U.S. egg prices fall for the first time in months but remain near record highs
U.S. retail egg prices fell in April from the record-high prices they hit earlier this year, according to government data released Tuesday.
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Wall Street climbs following an encouraging slowdown in inflation
U.S. stocks are rising Tuesday following an encouraging report that showed inflation unexpectedly slowed across the country last month.
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Trump's $4.9 trillion tax plan targets Medicaid to offset costs
House Republicans proposed sweeping tax breaks Monday in President Donald Trump's big priority bill, tallying at least $4.9 trillion in costs so...
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Trump inks $600 billion deal for Saudi Arabia investments in U.S.
President Trump and Saudi Crown Prince Mohammed bin Salman signed a strategic economic partnership agreement in Riyadh on Tuesday.
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Some plants cause more suffering than others for gardeners with pollen allergies
For many, the return of the spring garden brings with it a sneezy, itchy, foggy-headed feeling that hits the moment a warm breeze stirs up. I'm...