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Wall Street ticks higher ahead of Fed's rate decision; Trump's Asian tour sends Nikkei to a record AP NewsJapan's Nikkei crosses 51,000 on Tokyo-Washington trade optimism, Fed rate cut hopes CNBCJapan's Stock Investors to Keep Eye on Takaichi-Trump Meeting Bloomberg.comShares surge ahead of Fed's rate decision, as Trump's Asian tour sends Nikkei to a record Pittsburgh Post-Gazette
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Everyone thinks AI is replacing factory workers, but Amazon's layoffs show it's coming for middle management first FortuneWhat Amazon's mass layoffs are really about CNNExclusive: Amazon targets as many as 30,000 corporate job cuts, sources say ReutersStaying nimble and continuing to strengthen our organizations About AmazonText messages told employees they had be
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The Federal Reserve is expected to cut its benchmark interest rate by a quarter percentage point because the central bank is more concerned about the job market than it is with battling inflation.
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Many executives have echoed Amazon CEO Andy Jassy's talking points, tying their own job cuts to expected gains from AI and more nimble operations.
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