Live Breaking News & Updates on Quarterly Working Group
Stay updated with breaking news from Quarterly working group. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
a much larger group of tech workers across the industry who ve lost their jobs since the end of the pandemic. earlier, i spoke to a tech sector expert, who told me snap s quarterly results are quite dire. if you looked up disaster in the dictionary, you d see snap s earnings. they continue to be in trouble. they re on the outside looking in another black eye quarter for snap, especially the advertising team. the surge in tech lay offs in 2024 would suggest there s trouble in the industry, perhaps, but that may not necessarily be the case if we look at other key measures? i think it s a tale of two cities. the strong are getting stronger the ai revolution s here. you re seeing more spending in areas like that. but then you see non strategic areas get cut across. most of the job cuts are in the rear review mirror, i think, but it shows we re in a fork in the road period in tech where the strong are getting stronger. how does ai play into that fork in the road? ai is ....
carcasses. correspondent peter doocy starts us off tonight. good evening, peter. reporter: on this memorial day, president biden is expressing confidence that there won t be a debt default while also trying to express condolences to the families of fallen american service members. president biden: to those who gave our lives so our nation might live. reporter: hours after a solemn wreathlaying, president biden defended a debt deal that awaits congressional approval. president biden: i m confident with the conversation. i feel really good about it. reporter: the headlines, suspended the debt limit until 2025 and limiting federal spending. this will do as it increases defense. if you take non-defense with veterans out, it goes below the level of 2022. reporter: chip roy does not like the deal and sitting on the rules committee where the bill goes next. a reminder that brings big negotiations to build a coalition that it was explicit both that nothing would p ....
trigger a constitutional crisis. president biden is asked for the ceiling to be raised with no strings attached, something the republicans have been unwilling to budge on. time is ticking. secretary yellen has estimated the government could run out of money to pay its bills next month. it money to pay its bills next month. , ., , , money to pay its bills next month. , ., ,, .,, money to pay its bills next month. , ., ,, , month. it is congress was my “ob to month. it is congress was my job to do month. it is congress was my job to do this. month. it is congress was my job to do this. if month. it is congress was my job to do this. if they - month. it is congress was my job to do this. if they fail - month. it is congress was my job to do this. if they fail to l job to do this. if they fail to do it we will have an economic and financial catastrophe that will be of our own making and there is no action that president biden and the us treasury can it take to preven ....