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Markets await clarity on Fed policy as Kevin Warsh heads to Jackson Hole amid pressure from Treasury Secretary Bessent's market interventions and uncertainty over inflation stance.

HIGH confidence neutral tone

Coverage (10815 articles)

Google News · Jun 23, 2026

Oracle cuts 21,000 jobs as AI investment accelerates

Oracle is eliminating 21,000 jobs over 12 months as it pivots toward AI adoption, with the company planning a $50 billion AI investment while acknowledging AI has replaced some roles.

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