U.S. Wholesale Prices Flat in June Despite Tariff Fears

Producer price index shows no monthly increase Wholesale inflation remained unchanged in June, offering mixed signals about the broader...

Scale AI Cuts 200 Jobs Weeks After Meta Investment

Restructuring Follows Rapid Expansion and Leadership Change Just weeks after Meta poured $14.3 billion into Scale AI and hired...

U.S. Wholesale Prices Flat in June Despite Tariff Fears

Producer price index shows no monthly increase Wholesale inflation remained unchanged in June, offering mixed signals about the broader economic impact of President Donald Trump’s tariff policies. According to the...

Scale AI Cuts 200 Jobs Weeks After Meta Investment

Restructuring Follows Rapid Expansion and Leadership Change Just weeks after Meta poured $14.3 billion into Scale AI and hired its founder Alexandr Wang, the artificial intelligence startup is laying off...

Electric Bills Climb Faster Than Inflation in the U.S.

Data centers, outdated grids, and rising demand push prices up Electricity prices are outpacing overall inflation in the U.S.,...

Amazon Expands Fast Delivery to 4,000 Rural U.S. Areas

$4B expansion targets underserved towns ahead of Prime Day Amazon announced Tuesday that it will bring same- and next-day...

Stocks Rally as Iran’s Response Calms Oil Market

Dow jumps nearly 375 points while oil tumbles 7% U.S. stocks climbed Monday as investors welcomed Iran’s restrained response...

Oman to Introduce Gulf’s First Personal Income Tax

5% tax on high earners aims to boost fiscal diversification Oman has issued a royal decree to become the...

Markets Slip Amid Geopolitical Tensions and Fed Uncertainty

S&P 500 logs third straight loss as rate cut...

Accenture Drops 7% Despite Revenue Beat and Raised Outlook

Investors focus on falling bookings and growth concerns Shares of...

Health

Merck Buys Verona Pharma in $10B Post-Keytruda Push

Deal adds blockbuster potential as Keytruda patent cliff nears Merck announced Wednesday it will acquire UK-based Verona Pharma for approximately $10 billion, securing access to...

Novartis Gets Swiss Nod for First Malaria Drug for Babies

Coartem Baby to close treatment gap for Africa’s youngest patients Novartis announced on Tuesday it has received regulatory approval in Switzerland for Coartem Baby, the...

Moderna Flu Vaccine Beats Competitor in Final Trial

Stronger immune response clears path for combo Covid-flu shot Moderna announced Monday that its experimental mRNA-based flu vaccine outperformed an existing standard shot in a...

General News

Scale AI Cuts 200 Jobs Weeks After Meta Investment

Restructuring Follows Rapid Expansion and Leadership Change Just weeks after...

China’s Growth Tops Forecast Despite Trade War Pressures

Exports Drive Q2 Gains Amid U.S. Tariff Headwinds China’s economy...

JPMorgan’s Dimon Defends Fed Independence Amid Trump Tensions

Warning Against Political Interference JPMorgan Chase CEO Jamie Dimon stressed...

Fed Renovation Costs Spark Trump Criticism, Powell Probe

Powell Requests Inspector General Review of $2.5B Project Federal Reserve...

Latest Articles

Tesla’s Autopilot Under Legal Scrutiny: Examining the High-Stakes Battle for Automated Driving Safety

Tesla is gearing up for a crucial legal showdown as a wrongful death lawsuit related to its Autopilot feature heads to court. The case,...

Rebuilding Begins in Khan Younis After Israeli Withdrawal

In the wake of Israeli troops withdrawing from southern Gaza's Khan Younis, Palestinians returning to their home city were met with scenes of utter...

Breakthrough Stocks of 2024: Super Micro Computer, and Root Lead the Pack

As we step into the first quarter of 2024, the stock market is ablaze with exceptional performances from key players. Among the frontrunners are...

Texas Health Officials Confirm Bird Flu Diagnosis in Person Linked to Dairy Cows

A person in Texas has been diagnosed with bird flu, a concerning infection associated with the recent discovery of the virus in dairy cows,...

Tech Giant Apple Sued for Alleged Smartphone Monopoly in Groundbreaking Antitrust Battle

In a significant legal development, Apple finds itself at the center of a groundbreaking antitrust lawsuit filed by the US Justice Department and several...

Kyiv’s Defense Systems Hold Strong Against Russian Missile Assault at Dawn

In a startling predawn maneuver, Russia escalated tensions by launching a salvo of 31 missiles towards Kyiv, marking the first major assault on the...

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