Online retailer eBay is cutting 1,000 jobs; latest tech company to slash jobs

Online retailer eBay is cutting 1,000 jobs; latest tech company to slash jobs

LONDON — Online retailer eBay Inc. will cut about 1,000 jobs, or an estimated 9% of its full-time workforce, saying its number of employees and costs have exceeded how much the business is growing in a slowing economy. It marks the latest layoffs in the tech industry. CEO Jamie Iannone said in a message to…

Americans’ economic outlook brightens as inflation slows and wages outpace prices

Americans’ economic outlook brightens as inflation slows and wages outpace prices

WASHINGTON — After an extended period of gloom, Americans are starting to feel better about inflation and the economy — a trend that could sustain consumer spending, fuel economic growth and potentially affect President Joe Biden’s political fortunes. A measure of consumer sentiment by the University of Michigan has jumped in the past two months…

Ohio mother hopes for a cure to save her son, 8, from rare, fatal disease: ‘Gut-wrenching’

Ohio mother hopes for a cure to save her son, 8, from rare, fatal disease: ‘Gut-wrenching’

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A Lincoln Trove Lands at the Library (Pie Safe Included)

A Lincoln Trove Lands at the Library (Pie Safe Included)

The New York Public Library’s grand research library at Fifth Avenue and 42nd Street is home to Virginia Woolf’s walking stick, Charles Dickens’s desk chair and the original Winnie-the-Pooh. But one evening last week, a crowd in one of the library’s elegant public rooms was milling around a goofier treasure: an Abraham Lincoln-themed pie safe….

Farmers block roads across France to protest low wages and countless regulations

Farmers block roads across France to protest low wages and countless regulations

PARIS — French farmers staged protests Wednesday across the country and in Brussels against low wages and what they consider to be excessive regulation, mounting costs and other problems. Roadblocks were spreading in many French regions, one day after a farmer and her daughter died due to a traffic collision at a protest barricade. Farmers…

China cuts reserve requirements for bank to help boost its slowing economy

China cuts reserve requirements for bank to help boost its slowing economy

BANGKOK — China’s central bank said Wednesday it will cut the ratio of reserves banks must hold to help boost the slowing economy. The announcement by the People’s Bank of China prompted a surge in share prices in Chinese markets, with Hong Kong’s benchmark jumping 3.6%. Chinese stock markets have languished in recent months as…

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