U.S. Layoffs Decline Amid Geopolitical Risk

Challenger, Gray and Christmas reports U.S. layoffs fell 65% year‑over‑year in February, with employers announcing about 6,000 cuts versus roughly 17,000 last year. The firm cites AI deployment and a hospitality rebound as contributing factors, while warning that April's Iran‑related oil supply disruption and rising energy costs could prompt broader job reductions in energy‑sensitive sectors.