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Block, Jack Dorsey's payments company, will cut 6,000 of its 10,000 workers as it embraces AI. CNBC's Steve Sedgwick says it's the biggest story of the week.

Investors cheered Block's big layoffs, but the move also flicks at the tension between markets and the economy Citrini ...

Block, the company behind Square, Cash App and Afterpay, is cutting its staff by 40%. The reason: “intelligence tools,” according to a letter to shareholders by co-founder Jack Dorsey.

Jack Dorsey's fintech firm, Block Inc., is reportedly planning significant layoffs, potentially impacting up to 10% of its workforce. This move is part of a broader strategy to merge its Cash App and ...

Block Inc., the Jack Dorsey-led fintech company behind Cash App, Square and Afterpay, is preparing to cut up to 10% of its staff as part of a broader business overhaul, Bloomberg reported Saturday, ...

PayPal and Block are competing for share in the $2.5 trillion global payments market as both push into new technologies and services. PayPal is expanding through AI shopping tools, global wallet ...

Great businesses win by solving problems, and the $2.5 trillion global payments market is a goldmine for companies that can make money move effortlessly. PayPal shares have dipped 37.28% over the last ...

PayPal reported fourth-quarter 2025 revenue of $8.68 billion, up 4% year over year but missing the analyst consensus estimate of $8.80 billion. The Venmo parent also posted adjusted earnings per share ...

Ex-Celtics center Luke Kornet makes game-saving block during Spurs-Magic Kornet, who is averaging a career-high 24.9 minutes for the Spurs, appears to be having fun in San Antonio.

According to @QCompounding, current stock market conditions are unusual, so traders should avoid emotion-driven decisions and rely on a rules-based process, supported by 15 quotes curated as a ...