🚨BREAKING TWO NEWS

US oil prices rise above $96/barrel as markets reopen for the first time since US-Iran peace talks were cancelled.

White collar employment is sharply declining:

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‎The number of the S&P 500 employees fell -400,000 in 2025, to 28.1 million, posting its first annual decline since 2016.

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🚨‎This follows 8 consecutive years of uninterrupted employment growth, adding over +3.0 million jobs in total.

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‎The decline was driven by UPS, $UPS, Oracle, $ORCL, Amazon, $AMZN, Meta, $META, Intel, $INTC, and Microsoft, $MSFT, as corporations raced to cut costs and redirect spending toward AI.

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‎In 2026, layoffs are set to continue with Amazon cutting ~16,000 corporate jobs, Meta slashing ~8,000 positions, and Microsoft offering voluntary buyouts to ~8,750 employees.

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‎Corporate America is cutting jobs at an accelerating pace.

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