As AI reshapes white-collar industries and trust crises mount, the Big Four accounting giant quietly scraps its plan to add …
Markets
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BUSINESSReviews
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The main event for global markets this week is the Federal Reserve’s two-day policy meeting, which begins Tuesday. Investors overwhelmingly expect …
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Tech
PayPal Soars 14% After Striking Landmark Deal with OpenAI to Power Payments Inside ChatGPT
by Dean Dougnby Dean DougnStarting next year, ChatGPT users will be able to shop and pay through PayPal without leaving the AI platform — …
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For Amazon and its peers, 2025 is shaping up as a year of AI-driven transformation — and painful human consequences.
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World Markets
Wall Street Rallies Ahead of Fed Rate Cut and Big Tech Earnings as U.S.–China Talks Raise Market Hopes
by Daphne Dougnby Daphne DougnThe optimism reflects a growing belief that the Fed will cut interest rates for the first time in over a …
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FinanceWorld Markets
Iranian Government Nationalizes Major Private Bank Amid Financial Distress and Sanctions
by Dean Dougnby Dean DougnAll of the bank’s assets have been transferred to the state-owned Bank Melli, effective immediately.
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BUSINESSLife
Netflix Shuts Down ‘Squid Game: Unleashed’ Studio Amid Gaming Strategy Pivot
by Dean Dougnby Dean DougnThis move signals a strategic shift within the streaming giant’s nascent video gaming unit as it continues to explore revenue …
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Tech
Intel Surges 9% as CEO’s Cost-Cutting and Strategic Investments Signal Turnaround
by Dean Dougnby Dean DougnThe results mark a significant turning point for the U.S. chipmaker, which has struggled with manufacturing setbacks and fierce competition
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MARKETSWorld Markets
European Stocks Edge Higher as Strong Earnings from Saab and NatWest Boost Sentiment
Investors are digging through a heavy day of earnings, with reports from ENI, Sanofi, Volvo Group, and Porsche on the …
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The risk-off sentiment that deepened a selloff on Wall Street overnight rippled across Asian bourses.