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Announcements of planned job reductions at U.S. factories reached levels close to those recorded after the 2009 financial crisis and during the Covid-19 pandemic. The data were reported by CNBC.
gellerreport.comPlanned job reductions at U.S. factories reached levels near the highest recorded since the end of the global financial crisis in 2009 and the Covid-19 pandemic. The figures were compiled from layoff announcements tracked by CNBC. The data cover reductions disclosed through mid-June 2026.
Measurement details CNBC aggregates notices of planned cuts across manufacturing sectors. The current pace matches peaks seen in 2009 and 2020. The series does not include actual separations, only announced plans. No breakdown by industry or region was provided in the report. No company-specific figures or executive statements were included in the coverage.
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usatoday.comThe Trump administration withdrew grand jury subpoenas issued to three Wall Street Journal reporters and one from The Washington Post after the news organizations objected. The subpoenas sought active testimony in a national security leaks probe in Virginia.
abcnews.go.comGen. Chris Donahue submitted his resignation on Tuesday from his post as commanding general of U.S. Army Europe and Africa. The retirement takes effect in July after he led the final U.S. departure from Afghanistan in 2021.
america.cgtn.comThe Treasury secretary told CNBC that U.S. economic output could reach a level beginning with 3 this year. The comment came during a discussion of current growth prospects.