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Buffet Seeks to Reassure Shareholders After Massive Stock Dump Sparks Fear of Market Crash

Recent financial maneuvers by prominent U.S. billionaires suggest a cautious outlook on the stock market’s current valuation. Warren Buffett’s Berkshire Hathaway notably sold approximately $143 billion in stocks throughout 2024, resulting in a record cash reserve of $334.2 billion by…

IRS to Layoff 6,000 Employees as Trump Admin Pushes to Downsize Federal Workforce

The Internal Revenue Service (I.R.S.) will begin laying off approximately 6,000 employees on Thursday as part of the Trump administration’s efforts to downsize the federal workforce, according to three people familiar with the plans. The cuts will primarily target recent…

Police Arrest Leader of Cultlike ‘Zizian’ Group Linked to Multiple Killings in US

Maryland state police have arrested Jack LaSota, 34, the apparent leader of the cultlike group known as the Zizians, along with group member Michelle Zajko, 33, of Media, Pennsylvania. Both face multiple charges, including trespassing, obstruction, and possession of a…

Trump Admin Begins Sweeping Layoffs with Probationary Workers as Larger Cuts Loom

The Trump administration has escalated efforts to shrink the federal workforce by ordering agencies to fire nearly all probationary employees who have not yet gained civil service protections. This move could impact hundreds of thousands of workers. The directive, issued…

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