Health
Disney Cuts Hundreds Of Jobs Under New CEO Josh D’Amaro In Third Wave Of Layoffs Since Taking Office
Disney is cutting around 300 jobs in its latest round of layoffs under new CEO Josh D'Amaro, extending a companywide cost-reduction drive as the entertainment giant restructures operations and...
The U.S. Economy Grew More Than Previously Estimated In Q2 As Consumer Spending Remains Strong
The U.S. economy grew 2.2% in the second quarter of the year, slightly less than in the first one (when it grew 2.5%) but above its previous estimate of...
Three New Vessels Were Hit In The Strait of Hormuz. Oil Prices Are Climbing Again.
Oil prices are climbing again on Wednesday following reports of renewed attacks in the Strait of Hormuz and decreased prospects of a ceasefire between the U.S. and Iran.Brent crude,...
The Fed Faces a Crucial Inflation Test Wednesday: What the PCE Report Could Mean for Interest Rates
The Federal Reserve's preferred inflation gauge will be released Wednesday morning, and economists expect the report to reinforce an uncomfortable message for policymakers: Price pressures are still stubbornly high...
Iran’s Economy Keeps Deteriorating As Seven Months of Conflict With The U.S. Sends Living Costs Soaring
Seven months of war have placed Iran under mounting economic pressure, further driving up the cost of everyday necessities and forcing households to dramatically reduce spending as restrictions on...
Mistral CEO Takes Aim at OpenAI, Anthropic, Claims AI Safety Warnings Are Covering Up ‘Negligence’
Mistral CEO Arthur Mensch is pushing back against the increasingly dire warnings coming from some of the biggest U.S. artificial intelligence companies, arguing that the debate over AI safety...
Bond Yields Kept Climbing And Consumer Confidence Plummeted. Stocks Edged Down.
Stocks edged down on Tuesday as bond yields kept climbing and new figures showed consumer confidence plummeted in September.The Nasdaq Composite dropped 0.09%, while the S&P 500 did so...
Jamie Dimon Wants a New Western Economic Alliance. He’s Calling for a ‘Big, Beautiful’ Deal With Europe.
JPMorgan Chase CEO Jamie Dimon is proposing an ambitious reset of the Western economic alliance, calling on the United States to offer Europe a sweeping free-trade agreement in exchange...
The Trump Administration Launched An AI-Powered America.gov. These Are The Models It’s Using.
The Trump administration has launched a new artificial intelligence-powered government website designed to give Americans a single place to navigate federal services. It is using technology from Google's Gemini...
Florida Seeks To Stop AI Development In Court. Says Tech Is An Existential Threat To Humanity.
Florida's attorney general has asked for a temporary injunction against OpenAI, saying the company's AI products pose "an existential risk to the continued survival of humankind."In June, state attorney...
SpaceX Shares Have Pulled Back From Their Peak. TD Cowen Says AI Compute Could Drive A Rebound.
SpaceX shares could recover from their sharp retreat from post-IPO highs as the company's growing artificial intelligence computing business adds another major source of revenue alongside Starlink and launch...
