Is Big Tech’s $725B AI splurge being funded by mass layoffs?
A widely reported figure this past week is that 81,747 tech workers ...
In
Editor’s Pick
Evening digest: Trump displeased with Iran talks, jolts EU with auto tariffs
President Donald Trump expressed dissatisfaction with ongoing Iran negotiations, while also announcing ...
Will Powell’s move limit White House influence over the Fed?
Federal Reserve Chair Jerome H. Powell has capped his eight-year tenure with ...
Evening digest: US inflation jumps, Meta stock drops while Alphabet soars
US inflation accelerated sharply in March as rising oil prices linked to ...
Yen carry trade cracks are showing, and Wall Street isn’t ready
On Thursday, USD/JPY crashed over 500 pips in a matter of hours. ...
UK house prices defy forecasts, climb amid economic concerns
British house prices unexpectedly increased in April, even as consumer confidence weakened ...
Trump to raise EU auto tariffs to 25% as trade tensions resurface
US President Donald Trump said he will raise tariffs on cars and ...
BoE signals potential hikes as Iran war fuels inflation concerns
The Bank of England kept interest rates unchanged on Thursday, while warning ...
ECB keeps rates steady, warns of energy-driven inflation surge
The European Central Bank (ECB) kept its key interest rates unchanged on ...
US inflation hits 3.5%, highest in 2 years, dimming Fed rate-cut hopes
US consumers faced renewed inflationary pressure in March as rising oil prices ...