AI Remains Reason Cuts Third: May Job Cuts Hit 97K
May layoff activity surged to 97,006, with AI cited as the primary driver for a third straight month. Tech firms led ...
Watch Out For Withdrawal Limits Crypto
Explore Watch Out For Withdrawal Limits Crypto to anticipate daily and weekly caps, fees, and batch transfer considerations.
25,202 articlesOil Keeps Flowing Through Hormuz Despite Iran Claim
Three loaded supertankers crossed the Strait of Hormuz this weekend, continuing flows even after Iran asserted a shut...
Trump Cost Social Security Sparks Market Fears and Fallout
A new senior tax deduction linked to a Trump policy could cost Social Security $169 billion through 2028, prompting r...
Intel’s Surge Apple Chip Sparks Foundry Bets, Analysts Say
Stocks surged on unconfirmed chatter of an Apple chip deal with Intel, fueling bets on Intel’s foundry business. Anal...
Pennymac to Close Tennessee Office in Restructuring
Pennymac confirms it will shutter its Franklin, TN office and reduce staff in its consumer direct lending unit, part ...
Chair Kevin Warsh Just Sent Markets a Stark Warning
A single, six-word Fed statement could reshape how investors price risk. This analysis explores the potential impact,...
Nasdaq’s Says Leaders Must Embrace AI, CFO Warns on Strategy
Nasdaq’s CFO argues that AI is a leadership issue, not a back-office project. With 650 institutions using its AI-powe...
Analyst Says FedEx Selloff Misreads Revenue Beat and Margin
A CNBC analyst contends the FedEx selloff reflects misinterpretation of the income statement, not a collapse in deman...
Legally Protected Financial Monopoly at Center Stage
A dominant market infrastructure firm sits at the heart of capital markets, wielding a legally protected financial mo...
Fed's Favored Inflation Gauge Signals May Heat Up Prices
The Commerce Department reported May PCE inflation rose 0.4% month-on-month, pushing the annual pace to 4.1%. Core PC...
Better Cloud Infrastructure Play: Alphabet vs CoreWeave
As AI workloads surge, two very different cloud players stand out: Alphabet, with its diversified cloud platform, vs ...
Trump Turns Donors Spent Prompt DOJ Probe, Markets React
President Trump pushes the DOJ to investigate alleged price gouging by major oil firms, citing pump prices while dono...
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