United Parcel Service said on Tuesday that it plans to cut thousands of operational jobs this year in a move to reduce costs and manage fewer Amazon deliveries. Chief Financial Officer Brian Dykes said in the most recent earnings call that the company will reduce up to 30,000 operational positions and close 24 facilities. “We...

About 16,000 Amazon employees woke up Wednesday to early morning texts and emails notifying them that they would soon be out of a job. 

The bitcoin price hovered near $90,000 as the Fed held rates steady and Powell signaled a neutral stance — neither tightening nor rushing new cuts.