American retail media and delivery company
Rising gas prices have pressured households, but Uber, DoorDash and Instacart have largely beat earnings expectations. The firms are expanding value plays—membership programs, gas-relief payments and new services—to keep higher-income users engaged while preserving volumes.
A consortium of outlets reports rising unsecured debt and anxiety among Americans. WalletHub and the New York Fed show higher balances and delinquency, while debt-management strategies and budgeting advice circulate. The data highlight stress across income levels and the need for clear repayment plans.
Microsoft has announced 4,800 job cuts companywide, including 3,200 roles in Xbox during fiscal 2027 and 1,600 Xbox positions eliminated immediately. Xbox will spin out or divest five studios and reduce management layers as it restructures to strengthen margins while shifting resources toward AI and core franchises. The move has reduced Xbox headcount by about 20%.