Economy
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 lost their jobs ...
Stock
eBay stock jumps after GameStop’s $56B takeover bid by Cohen
Shares of eBay moved sharply higher in premarket trading on Monday after Ryan Cohen, chief ...
Editor's Pick
Venezuela’s oil exports hit 7-year high on US, India demand
Venezuela’s oil exports surged in April to their highest level in more than seven years, ...
Economy
Will Powell’s move limit White House influence over the Fed?
Federal Reserve Chair Jerome H. Powell has capped his eight-year tenure with one of the ...
Stock
Wall Street is shifting gears after Fed hold: these 5 stocks lead way
The Federal Reserve kept borrowing costs unchanged on Wednesday, holding the federal funds rate in ...
Editor's Pick
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. Japan’s Ministry of ...
Economy
UK house prices defy forecasts, climb amid economic concerns
British house prices unexpectedly increased in April, even as consumer confidence weakened amid rising geopolitical ...
Stock
Reddit stock jumps 12%: can AI-driven ads spark stock revival?
Shares of Reddit surged in premarket trading on Friday after the company reported stronger-than-expected first-quarter ...
Editor's Pick
FTSE 100, DAX, CAC 40 futures fall as risk rises ahead of ECB, BoE
European stock index futures pulled back further on Thursday as investors reacted to the soaring ...
Economy
BoE signals potential hikes as Iran war fuels inflation concerns
The Bank of England kept interest rates unchanged on Thursday, while warning that a prolonged ...
