Amid the White House’s unrelenting pressure campaign on Federal Reserve Chairman Jerome Powell, President Donald Trump has not only demanded that the central bank to cut rates but to lower them all the way to 1%. The federal funds rate...
Six months into 2025, the tech industry has seen thousands of layoffs as giants such as Microsoft, Google, Meta, IBM,...
The European Union will suspend retaliatory tariffs on U.S. goods scheduled to take effect Monday in hopes of reaching a trade deal...
Italian confectioner Ferrero, known for brands like Nutella and Kinder, is buying the century-old U.S. cereal company WK Kellogg in an effort...
U.S. stock markets reacted negatively on Monday after President Trump announced via social media that he would unilaterally impose 25%...
U.S. stock futures tumbled on Friday after President Donald Trump said he will start sending out letters informing countries of...
Hello and welcome to Eye on AI. In today’s edition…the U.S. Senate rejects moratorium on state-level AI laws…Meta unveils its...
Meta Platforms Inc. has hired four notable artificial intelligence researchers from OpenAI, ramping up a hiring spree for its Superintelligence...
FedEx Corp. warned that its profit would be worse than expected this quarter and declined to offer guidance for the...
Fred Smith, the FedEx Corp. founder who revolutionized the express delivery industry, has died, the company said. He was 80....
