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Meta CEO: No company-wide layoffs are expected this year.

2026-05-20

Meta CEO: No company-wide layoffs are expected this year.

Other News
2026-05-20

NATO Secretary General Rutte: NATO needs to break free from its unhealthy dependence on a single ally.

NATO Secretary General Rutte: NATO needs to break free from its unhealthy dependence on a single ally.
2026-05-21

Federal Reserve officials signaled increasing concern that persistent inflation could require higher interest rates, according to minutes from the April 28-29 FOMC meeting. A majority said further policy tightening may become necessary if inflation r

Federal Reserve officials signaled increasing concern that persistent inflation could require higher interest rates, according to minutes from the April 28-29 FOMC meeting. A majority said further policy tightening may become necessary if inflation remains above the Fed’s 2% target, while many favored removing language implying an easing bias. Policymakers cited inflation risks tied to the Iran war, elevated bond yields and stronger-than-expected economic data. The Fed kept rates unchanged at 3.5%-3.75%, though three officials dissented over guidance suggesting future rate cuts. Markets are now pricing in possible tightening by year-end.
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