Outplacement firm Challenger said U.S. tech firms announced 38,242 layoffs in May, the sector’s largest monthly total since Aug 2024. Tech has posted 123,653 layoffs year-to-date in 2026, up 66% from 74,716 in the same period of 2025, and remains the biggest source of cuts so far this year. Challenger said technology is reshaping the labor market in real time and that artificial intelligence is now the most-cited reason for company layoffs, with tech the most affected sector. It added AI has not

The State Council has published Regulations on outbound investment, MOFCOM said. Key measures: strengthen services by building a comprehensive overseas service system and improving institutional support to provide legal protection for Chinese firms participating in international cooperation and competition; optimize management by improving the outbound investment management framework and reinforcing investor primary responsibility; and bolster protection via enhanced monitoring, early warning and risk assessment, guidance on security risk prevention, and creation of an investment-barrier investigation mechanism to protect investors’ safety and lawful rights. MOFCOM, as the主管department for outbound investment, will coordinate with other ministries and local governments on implementation and offer investor guidance to raise outbound investment service and management standards.

Ukraine President ZELENSKIY spoke with Norway's prime minister.