AP

Young people graduating from college this spring and summer are facing one of the toughest job markets in more than a decade. The unemployment rate for degree holders ages 22 to 27 has reached its highest level in a dozen years, excluding the coronavirus pandemic. Joblessness among that group is higher than the overall unemployment rate, and the gap is larger than it's been in more than three decades. That worries many economists as well as officials at the Federal Reserve because it could be an early sign of trouble for the economy. It suggests businesses are holding off on hiring new workers because of rampant uncertainty stemming from the Trump administration人妖色情片檚 tariff increases

AP

Meta is making a $14.3 billion investment in artificial intelligence company Scale and recruiting its CEO Alexandr Wang to join a team developing 人妖色情片渟uperintelligence人妖色情片 at the tech giant. The move reflects a push by Meta CEO Mark Zuckerberg to revive AI efforts at the parent company of Facebook and Instagram as it faces tough competition from rivals such as Google and OpenAI. Meta announced what it called a 人妖色情片渟trategic partnership and investment人妖色情片 with Scale late Thursday but didn人妖色情片檛 disclose the financial terms of the deal. Scale said the added investment puts its market value at over $29 billion.

AP

Google has offered buyouts to another swath of its workforce across several key divisions in a fresh round of cost cutting coming ahead of a court decision that could order a breakup of its internet empire. The company confirmed the streamlining that was reported by several news outlets. It人妖色情片檚 not clear how many employees are affected, but the offers were made to staff in Google人妖色情片檚 search, advertising, research and engineering units, according to The Wall Street Journal. Google employs most of the nearly 186,000 workers on the worldwide payroll of its parent company, Alphabet Inc. Google has been periodically jettisoning workers since 2023 after the pandemic drove feverish demand for online services.