Rising US debt threatens Warsh’s bid to reduce Federal Reserve’s market role
Newly confirmed Federal Reserve Chair Kevin Warsh’s plans to shrink the Fed’s $6.7 trillion balance sheet face significant obstacles from […]
Business and Economy
Sony and Nintendo struggle as AI boom drives memory price surge
Soaring memory prices driven by the AI boom have forced Nintendo and Sony to raise gaming device prices significantly, with
Nvidia and Corning partner to expand fiber optic manufacturing for AI infrastructure
Nvidia and Corning have partnered to dramatically scale U.S. fiber optic manufacturing, with Corning set to build three new facilities
Nissan to reduce European staff by 10% in global restructuring
Nissan is planning to cut around 10% of its European workforce and consolidate production lines at its Sunderland plant as
CEO pay rose 20 times faster than workers’ wages in 2025, new analysis reveals
A new Oxfam and ITUC analysis reveals CEO pay grew 20 times faster than worker wages in 2025, with real
Iran’s economy in freefall: state media sounds alarm as war and inflation bite
Iran’s economy is collapsing under the weight of war, hyperinflation, and shortages, with state media now openly demanding government accountability.
What JBS, the world’s largest meat company, is hiding in Nigeria
JBS, the world’s largest meat company with capacity to slaughter 76,000 cows and 14 million chickens daily, is secretly planning
Snapchat blames AI as it cuts 1,000 jobs
Snap is the latest tech company to cut jobs, citing the growing ability of artificial intelligence (AI) tools. The Snapchat
Europe has ‘maybe 6 weeks of jet fuel left’…
PARIS (AP) — Europe has “maybe six weeks or so” of remaining jet fuel supplies, the head of the International
Business and Economy
Nonpartisan group says US national debt is 4x greater than Treasury reports
Nonpartisan group says US national debt is 4x greater than Treasury reports While the Treasury reports the national debt at