Donald Trump pressures Kevin Warsh for interest rate cut as inflation hits three-year high - Crypto Briefing

Strong U.S. labor data delays forecasted Federal Reserve rate cuts until June, December 2027  Economy Middle East

Americans are less confident about jobs and their finances, despite resilient hiring: NY Fed  Axios

NY Fed Consumer Inflation Expectations steady as job fears rise  FXStreet

Canadian dollar slips as markets brace for Bank of Canada decision, US inflation data  VT Markets

Wix Tumbles After Cutting 20% Of Workforce, Warns Of Deeper Growth Slowdown Website builder Wix announced an "organizational realignment" on Monday that will cut roughly 20% of its workforce, as the company warned of a sharper-than-expected slowdown in its Partners business. The restructuring is designed to streamline operations, discontinue lower-priority initiatives, and reallocate resources toward Wix's core growth areas. "The organizational realignment to streamline operations and reallocate resources to support the Company's top strategic priorities. This includes the scaling down and/or discontinuation of certain activities, initiatives, products, and subsidiaries," Wix wrote in a Form 6k filing earlier this morning. As of 1Q26, Wix had 5,277 employees, so a 20% cut would represent about 1,055 layoffs. Wix is a SaaS website builder that competes with platforms such as Shopify, Squarespace, GoDaddy, and WordPress-related services. There was no mention of whether AI-related efficiencies contributed to the white-colla

Federal Reserve facing rising rate hike expectations, analysts say  Indianapolis Business Journal