economic uncertainty – One America News Network

People walk around the Financial District near the New York Stock Exchange (NYSE) in New York, U.S., December 29, 2023. REUTERS/Eduardo Munoz/File Photo

Wall Street job cuts loom as market turmoil stalls deals

U.S. investment banks are poised to cut more jobs if economic uncertainty continues to weigh on dealmaking in the months ahead, according to analysts and recruiters.

A job seeker leaves the job fair for airport related employment at Logan International Airport in Boston, Massachusetts, U.S., December 7, 2021. REUTERS/Brian Snyder/File Photo

US labor market remains stable, but job opportunities limited

The number of Americans filing new applications for unemployment benefits increased slightly last week, suggesting the labor market remained stable in March.

Canada's Liberal Leader and Prime Minister-elect Mark Carney speaks after being elected as the new Liberal Party leader, in Ottawa on March 9, 2025. Canada's Liberal Party overwhelmingly elected Mark Carney as its new leader and the country's next prime minister on March 9, 2025, tasking the former central banker with helming Ottawa's response to threats from US President Donald Trump. (Photo by Dave Chan / AFP) (Photo by DAVE CHAN/AFP via Getty Images)

Mark Carney Chosen As Liberal Leader, Set To Succeed Trudeau As Canada’s Next PM

Former Bank of Canada Governor Mark Carney will become the next Prime Minister in the U.S.’ neighboring country after winning the Liberal leadership race on Sunday night.

TOPSHOT - Members of the National Samsung Electronics Union stage a rally as they begin a three-day general strike outside the company's foundry and semiconductor factory in Hwaseong on July 8, 2024. Workers at South Korean tech giant Samsung began a three-day general strike over pay and benefits on July 8, the head of a union representing tens of thousands of employees told AFP, warning the action could impact key memory chip production. (Photo by Jung Yeon-je / AFP) (Photo by JUNG YEON-JE/AFP via Getty Images)

Samsung Electronics Workers Announce ‘Indefinite’ Strike Calling For Better Pay

Unionized workers at Samsung Electronics declared an indefinite strike Wednesday in a move to pressure South Korea’s biggest company to accept their calls for higher pay and other benefits.