US unemployment benefit applications dropped below 200,000 last week, indicating low layoffs despite signs of a weakening labor market, with recent data showing mixed signals about job growth and economic health.
The US economy under Trump is experiencing its worst job growth in five years, with rising unemployment, especially among Black Americans, and widespread layoffs across sectors like manufacturing, trade, and healthcare, highlighting deepening economic disparities.
Ubisoft has announced the shutdown of its free-to-play shooter XDefiant, which launched earlier this year. Despite initial success with over 10 million players in its first two weeks, the game failed to maintain momentum, leading to its closure. Ubisoft will refund players who purchased the Ultimate Founders Pack and recent VC and DLC. The shutdown will also result in job losses, with the closure of Ubisoft's San Francisco and Osaka studios and a reduction in Sydney, affecting 277 employees.