Oracle Secures Major Federal Contract to Streamline Human Resources Systems
Oracle won a $395 million federal contract to create a unified HR platform aiming to replace over 100 agency systems serving two million civilian federal employees.
Markets & Macro
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Ghana launches job programme to empower women and youth with over 30,000 opportunities
Ghana has introduced the Ghana Women and Youth Employment and Social Cohesion (GWYESCO) Programme to create more than 30,000 jobs by boosting skills, financing, and entrepreneurship.
Markets & Macro
Iowa Governor Moves IT Operations to New Jersey Firm, Cutting 200 State Jobs
Iowa’s governor plans to outsource all executive branch IT services to an out-of-state company, eliminating about 200 state jobs and transferring data to cloud storage.
Markets & Macro
May Inflation Rises 4.2% Year-on-Year, Challenging Fed’s Rate-Cut Prospects
Consumer prices surged in May, marking the highest annual inflation in three years and casting doubt on near-term Federal Reserve interest rate cuts.
Markets & Macro
Trump Links Inflation Rise to Iran Conflict Amid Rising Energy Costs
Donald Trump attributed the recent surge in U.S. inflation to ongoing conflict with Iran, claiming U.S. strikes on Iranian oil shipments have driven up energy prices.
Markets & Macro
Wall Street Leads NYC’s Finance Job Growth Amid Expanding Tech Sector
Since 2019, New York City has added significantly more finance jobs than other major U.S. cities, while its tech workforce grows younger and gains economic influence.
Markets & Macro
Trump Embraces Rising Inflation Amid Escalating Conflict with Iran
President Trump expressed support for rising inflation coinciding with heightened military actions against Iran and claimed U.S. operations have helped stabilize oil prices despite the conflict.
Markets & Macro
Bitcoin Climbs After US Inflation Hits Highest in Three Years, but Risks Remain
Bitcoin rebounded after the US Consumer Price Index matched forecasts, yet technical signals suggest potential short-term volatility despite the inflation surge.
Markets & Macro
Inflation Surges to 4.2% as Wage Growth Fails to Keep Up with Rising Prices
Inflation has outpaced wage increases for the first time since early 2023, tightening the financial strain on American households amid geopolitical and trade pressures.
Markets & Macro
Rising Energy Costs Push U.S. Inflation to Its Highest Level in Three Years
U.S. inflation surpassed 4% in May, driven largely by soaring energy prices linked to conflict in Iran, marking the steepest rise since April 2023.
Markets & Macro
Inflation Reaches Highest Point Since 2023 Amid Middle East Conflict Fueling Price Surge
Inflation surged above 4% for the first time in three years as energy costs and food prices spiked sharply following disruptions caused by the Iran war.
Markets & Macro
Inflation Hits Three-Year Peak Driven by Rising Gas Prices Amid Global Tensions
Consumer prices surged notably last month due to higher fuel costs linked to geopolitical events, signaling renewed inflation pressures and complicating economic policy.