The social media giant continues to fire on all cylinders. While many companies are looking for ways to profit from artificial intelligence (AI), Meta Platforms (META +10.71%) has flipped the narrative on its head. The company has long used sophisticated algorithms to surface relevant content and direct targeted advertising to users of its social media…
SEATTLE — Amazon has announced mass layoffs that will affect nearly one in 10 members of its corporate workforce, cutting about 16,000 jobs in a move that is already sending ripples through the regional economy. RELATED | Amazon to cut about 16,000 corporate jobs in latest round of layoffs The reductions come just three months…
Mark Zuckerberg says Meta users will start to see new AI models and products from the company in a matter of months. “In 2025, we rebuilt the foundations of our AI program,” Zuckerberg said on an investor call Wednesday, referring to the company’s recently restructured AI lab. “Over the coming months, we’re going to start…
In a surprising twist, award-winning Palestinian journalist Bisan Owda has successfully regained access to her TikTok account, boasting 1.4 million followers, after its abrupt removal. This incident highlights the critical role of social media in amplifying voices from conflict zones and reflects how international attention and advocacy can influence platforms to uphold journalistic integrity in…
Tesla’s profit fell 46% in 2025 compared to the prior year, as CEO Elon Musk assumed a role in the Trump administration and federal electric vehicle subsidies were killed off by Congress, causing sales to plummet. The electric vehicle company reported Wednesday that it recorded just $3.8 billion in profit across 2025, its lowest tally…
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The bull market in gold ratcheted into a higher gear on Wednesday, with the yellow metal soaring 6% to above $5,400 per ounce for the first time. Silver and platinum posted even larger percentage gains, but gold, with a market capitalization somewhere in the $40 trillion area, was surely the standout asset. STORY CONTINUES BELOW…
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT A Tesla Model X at a Tesla delivery center in Marina Del Rey, California, US, on Friday, Jan. 13, 2023. Eric Thayer | Bloomberg | Getty Images Tesla CEO Elon Musk said on Wednesday that the automaker is ending production of its Model S and…
Traders work on the floor of the New York Stock Exchange (NYSE) on Jan. 28, 2026 in New York City. Spencer Platt | Getty Images The S&P 500 fell on Thursday, bogged down by Microsoft, as traders reacted to the megacap technology company’s latest earnings results as well as the Federal Reserve interest rate decision….
In a dynamic geopolitical landscape, Canadian Prime Minister Mark Carney is leveraging new trade agreements to strengthen Canada’s global position and assert its sovereignty amid rising tensions with the United States. As he outlines ambitious partnerships with nations like China, Carney emphasizes a collective vision for economic resiliency, underscoring the importance of unity among both…
In a significant shift in governance, Burkina Faso’s military-led government has dissolved all political parties in a bid to restore national unity amidst rising security challenges. This move, which some see as a necessary step towards rebuilding social cohesion, reflects the country’s ongoing struggle to address internal divisions that have been exacerbated by a complex…
The price of gold hit another new record yesterday, soaring above $5,300. It’s up an astonishing 3% this morning, as measured by the Comex continuous contract. Gold has gained 22.31%, year to date. It’s not hard to see why. Gold is outperforming as a safe haven for investors who are bailing out of assets being…
Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. January 28, 2026 Federal Reserve issues FOMC statement For release at 2:00 p.m. EST Available indicators suggest that economic activity has been expanding at a solid pace. Job gains have remained low, and the unemployment rate…
As the world focuses on various geopolitical and domestic challenges, First Lady Melania Trump is drawing attention for a new documentary that intimately explores her life in the days leading up to her husband’s inauguration. The film, which promises a rare glimpse into the personal world of a First Lady often characterized by her low…
Starbucks is spending $500mn this year to add staff, especially during peak hours when delays frustrated some customers © Jeffrey Greenberg/UIG/Getty Images Starbucks has reported a return to sales growth in its US home market, even as heavy spending to add baristas at cafés weighs on profits. The world’s largest coffee shop chain on Wednesday…
The US currency rebounded on Wednesday after US Treasury secretary Scott Bessent said Washington was still pursuing a “strong dollar policy” and was not planning an intervention to boost the Japanese yen. The dollar jumped as much as 0.9 per cent against the euro and 1 per cent against the yen after Bessent said in…
Overnight rate unchanged at 2.25% BOC says The outlook for the global and Canadian economies is little changed vs Oct forecast the Bank expects inflation to stay close to the 2% target over the projection period Prior statement said “current policy rate at about the right level” and the new one says “Governing Council judges…
NEW YORK (AP) — As layoffs pile up, workers are feeling increasingly anxious about the job market. In the U.S., economists have said that businesses are largely at a “no-hire, no fire” standstill, leading many to limit new work, if not pause openings entirely amid economic uncertainty. Hiring has stagnated overall — with the country…
In a poignant reflection on the intersection of mental health and law enforcement, the recent case of a former Illinois sheriff’s deputy highlights the urgent need for reform within police departments. The sentencing of Sean Grayson underscores both the personal tragedy of Sonya Massey’s death and the broader societal demand for accountability and change in…
Autonomous vehicle startup Waabi has raised $1 billion and struck a partnership with Uber to deploy self-driving cars on the ride-hailing platform — the company’s first expansion beyond autonomous trucking. The funding consists of an oversubscribed $750 million Series C round co-led by Khosla Ventures and G2 Venture Partners and roughly $250 million in milestone-based…
In this article SBUX Follow your favorite stocksCREATE FREE ACCOUNT People walk onto an escalator under a Starbucks coffee sign in Manhattan on Dec. 2, 2025 in New York City. Spencer Platt | Getty Images Starbucks on Wednesday reported mixed quarterly results as the company’s turnaround propels traffic growth for the first time in two…
As the final Israeli captive returns from Gaza, the implications for Palestinians and the broader region are profound and far-reaching. This moment of completion raises critical questions about the potential for lasting peace and humanitarian relief in a territory long overshadowed by conflict. With the major hurdle of hostage returns now resolved, both sides stand…
In this article .BBKA Follow your favorite stocksCREATE FREE ACCOUNT German police searched Deutsche Bank offices in Frankfurt and in Berlin on Wednesday morning, as part of an investigation into money laundering. Shares in the German lender were last seen down about 2.7% following news of the probe, which was first reported by Spiegel. “We…
For 2027, Berlin is predicting 1.3% growth, compared with its October forecast of 1.4% © John MacDougall/AFP/Getty Images The German government has cut its GDP forecasts for the next two years as Europe’s largest economy struggles to rebound from a prolonged period without real growth. In its latest economic outlook published on Wednesday, the Federal…
On a Monday night NBC News segment, Anthropic CEO Dario Amodei expressed concern over “some of the things we’ve seen in the last few days,” referring to the violence of Border Patrol agents in Minneapolis. Amodei focused on the importance of preserving democracy at home, both on NBC and in a post on X that…
In this article JPM BAC Follow your favorite stocksCREATE FREE ACCOUNT Jamie Dimon, chief executive officer of JPMorgan Chase & Co., speaks at the US Chamber of Commerce in Washington, Jan. 15, 2026. Luke Johnson | Bloomberg | Getty Images JPMorgan Chase, Bank of America and Wells Fargo said Wednesday in separate releases that the…
Big Tech workers once thought their résumés were bulletproof. Not in this job market. Exclusive An Amazon worker used an AI tool to flag which roles were on the chopping block Exclusive Amazon execs say layoffs are part of turning the company into the ‘world’s largest startup,’ internal memos show Exclusive Internal Amazon FAQ spells…
In recent discussions, former President Donald Trump has consistently cited his use of aspirin as a personal health strategy aimed at preventing cardiovascular disease. While his remarks have sparked interest and concerns regarding the implications of aspirin use, it is essential to scrutinize the science behind these claims and the prevailing medical recommendations. Aspirin has…
As tensions in the Middle East remain a focal point of global discourse, recent developments underscore the complex dynamics at play, particularly concerning Iran. With intensified threats from the United States and a show of military might in the region, understanding the underlying factors that fuel such escalations is crucial for a comprehensive perspective. This…
The Federal Reserve held interest rates steady Wednesday, taking a measured, wait-and-see approach to the economy. Sometimes doing nothing is an act of defiance. President Donald Trump has put the Fed and its chairman, Jerome Powell, under intense pressure to lower borrowing costs, despite concerns about inflation. By refusing to cut rates, the central bank’s…
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Amazon said Wednesday it plans to eliminate about 16,000 corporate jobs, marking its second round of mass job cuts since last October. In a blog post, the company wrote that the layoffs were part of an ongoing effort to “strengthen our organization by reducing layers,…
In the current climate of heightened scrutiny surrounding border enforcement, the appointment of Tom Homan by former President Trump reflects a deliberate effort to assert control amid escalating public outcry. Homan’s recent remarks in Minnesota following tragic incidents involving immigration enforcement officers underscore the administration’s resolve to tackle perceived border issues directly, even as protests…
PRWire: A professional services leader shares governance-led insights on leadership, workforce systems, and resilience in complex service environments. Australian entrepreneur Micky Ahuja has been invited to speak at TEDxUniMelb, hosted by the University of Melbourne, as part of a program focused on leadership, innovation, and navigating complexity in modern organisations. The invitation reflects Ahuja’s professional…