Nikkei 225, Kospi, Nifty 50

Nikkei 225, Kospi, Nifty 50

Atlantide Phototravel | Corbis Documentary | Getty Images Asia-Pacific markets were set to trade higher, tracking Wall Street gains overnight. Japan’s benchmark Nikkei 225 was set to open higher after hitting a fresh record high on Thursday. The futures contract in Chicago was at 44,685 while its counterpart in Osaka was at 44,520 against the…

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Job cuts in October hit highest level for the month in 22 years, Challenger says

Job cuts in October hit highest level for the month in 22 years, Challenger says

Layoff announcements soared in October as companies recalibrated staffing levels during the artificial intelligence boom, a sign of potential trouble ahead for the labor market, according to outplacement firm Challenger, Gray & Christmas. Job cuts for the month totaled 153,074, a 183% surge from September and 175% higher than the same month a year ago….

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