The latest news
Amazon Secures 87% Tax Cut Under New Legislation Amidst Major Workforce Reductions
Seattle, Sunday, 8 February 2026.
Amazon’s federal tax liability plummeted 87% to $1.2 billion in 2025 under the ‘One Big Beautiful Bill Act,’ despite a 44.5% surge in profits. This fiscal development coincides with the elimination of approximately 30,000 jobs, raising critical analytical questions regarding the correlation between corporate tax incentives and actual labor market stability.
latest news in economy
Dow Jones Breaks 50,000 Milestone as Industrial Sector Fuels Historic Rally
New York, Sunday, 8 February 2026.
The Dow breached 50,000 Friday, closing at 50,115.67. This historic surge was driven by “old economy” strength, with Caterpillar jumping 7% as investors pivoted from volatile software stocks.
latest news in companies
Block Inc. Targets 10% Staff Reduction to Streamline Operations and Boost Growth
Oakland, Sunday, 8 February 2026.
Jack Dorsey’s Block Inc. is preparing to cut roughly 1,100 jobs, a strategic pivot intended to merge the Cash App and Square ecosystems while aggressively reallocating resources toward Bitcoin mining and artificial intelligence initiatives.
latest news in politics
latest news in global
North Korea Announces Rare Party Congress to Outline Five-Year Military Strategy
Pyongyang, Sunday, 8 February 2026.
Breaking a five-year hiatus, Kim Jong Un will convene a critical congress this month, likely declaring his nuclear arsenal has reached peak operational capability while cementing alliances with Moscow.
latest news in general
Peter Thiel Links Climate Activism to the Collapse of Modern Civilization
San Francisco, Sunday, 8 February 2026.
Deepening the divide between Silicon Valley and sustainability efforts, Thiel labeled Greta Thunberg a “legionnaire of the Antichrist,” arguing her activism seeks to halt all scientific progress.