Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
PayPal Holdings Inc is planning to cut 7 percent of its workforce, or about 2,000 employees, to rein in costs to ride out the downturn.
According to PayPal's CEO Dan Schulman, while the company has made substantial progress in right-sizing its cost structure, and focused its resources on core strategic priorities, it has “more work to do."
PayPal is seeking to position itself financially and strategically, bracing for an economic slowdown, said Wedbush analyst, Moshe Katri.
In November, PayPal reduced its annual revenue growth forecast in anticipation of a broader economic downturn and did not expect much growth in its US e-commerce business in the holiday quarter.
