Meta cancels hiring plans for 6,000 roles amid ongoing layoffs and a pivot to artificial intelligence development.


Meta cancels hiring plans for 6,000 roles amid ongoing layoffs and a pivot to artificial intelligence development.

Polls show mixed results, with Paxton and Cornyn in close battle against Democrat James Talarico.

Gov’t funding cuts, war, tariffs and AI advancements intensify competition among recent graduates seeking stable jobs.

Trump’s aggressive push for interest rate cuts shaped Powell’s Fed legacy during his tumultuous leadership.

Consumer prices spike in April, driven by soaring energy costs, with petrol prices up nearly 30 percent since last year.

Suspending a federal tax requires an act of Congress, and there may be procedural delays before it can be achieved.

Clashes erupt in La Paz as workers protest against rising fuel prices and damaged vehicles caused by subsidy cuts.

US says it will hike tariffs to 25% because the EU has not complied with trade deal last year that set tariffs at 15%.

May Day events include calls to ‘tax the rich’ and abolish ICE amid $70bn proposed funding for immigration enforcement.
![More than 3,000 events are planned in 40 cities around the United States [Reuters/Kylie Cooper]](https://www.aljazeera.com/wp-content/uploads/2026/05/2026-05-01T180739Z_390843763_RC2I0LAXVLNW_RTRMADP_3_MAY-DAY-USA-1777659500.jpg?resize=270%2C180&quality=80)
Senate panel approves Trump’s nominee Kevin Warsh to replace Jerome Powell as US Fed chair on party-line vote.
