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Financial Marketsin Financial Markets
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JPMorgan Global expands with new share offerings and capital growth, while Capital Economics boosts optimism with a bullish S&P 500 forecast, targeting 7,000 by 2026.

Financial Markets
Laurene Powell Jobs Cuts 10% of Jobs at Emerson Collective
negativeFinancial Markets
Laurene Powell Jobs' philanthropic organization, Emerson Collective, is laying off 10% of its staff—roughly 50 employees—as part of a restructuring effort. The group, known for its work in education, immigration, and social justice, says the cuts are meant to streamline operations and focus on long-term impact.
What This Mean: Layoffs at a high-profile organization like Emerson Collective signal broader challenges in the nonprofit and philanthropic sector, where even well-funded groups are tightening belts. For employees and grantees, it’s a reminder that even mission-driven work isn’t immune to financial pressures.

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