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Alex Daniel

Alex Daniel

Quartz

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‘The weekend is disappearing’ for Silicon Valley’s AI startup workers

Once outlawed in China, the grueling "996" workweek is gaining traction in San Francisco as startups race to ship AI products

previous day 10

Quartz

Alex Daniel

Trump yanks his BLS pick, throwing the agency into further chaos

The president had nominated EJ Antoni last month, after removing Erika McEntarfer following employment numbers that showed the jobs market stalling

wednesday 4

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Alex Daniel

The AI boom will require $7 trillion in global investment, Brookfield says

Brookfield is one of the major players involved in the buildout of AI infrastructure such as data centers

wednesday 4

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Alex Daniel

Private sector sheds jobs, says ADP, as shutdown halts official data

With the government shutdown canceling the official jobs report, policymakers are turning to data from the private payroll firm

wednesday 4

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Alex Daniel

New York Fed president says tariffs haven't fueled inflation as much as feared

John Williams’ remarks came after Cleveland's Fed president warned inflation may stay elevated until 2027, highlighting divisions among policymakers

30.09.2025 3

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Alex Daniel

Markets brace for a government shutdown as stock futures and the dollar slip

The vice president warned of a likely shutdown after talks with Trump and congressional leaders failed to break a deadlock

30.09.2025 3

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Alex Daniel

OpenAI adds parental controls to ChatGPT after teen's death

The measures, including a "potential harm" notification system, follow a lawsuit by a U.S. family claiming ChatGPT played a role in their son's death

29.09.2025 3

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Alex Daniel

J.D. Vance is 'confident' that Trump’s TikTok deal will protect U.S. user data from China

The Trump administration insists the deal shifts TikTok’s U.S. operations to American control, though ByteDance would still retain a minority share

29.09.2025 10

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Alex Daniel

Don't expect inflation back at 2% for another 2 years, Cleveland Fed president says

Cleveland Fed President Beth Hammack said she doesn’t expect prices to retreat to the Fed’s target of 2% inflation until the end of 2027 or early 2028

29.09.2025 3

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Alex Daniel

'You’ve been workslopped': Study warns AI is wasting workers’ time

As companies push new tech into daily tasks, workers say useless, AI-crafted content is draining hours every time it lands on their desk.

24.09.2025 2

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Alex Daniel

Sam Altman on OpenAI’s rapid growth: 'People are worried. I totally get that'

The CEO’s comments come as OpenAI pushes ahead with $850 billion in data center plans that will demand vast amount of power

24.09.2025 3

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Alex Daniel

Trump threatens to sue Disney-owned ABC over Jimmy Kimmel's return to TV

The president wrote on Truth Social: 'Last time I went after them, they gave me $16 million dollars'.

24.09.2025 10

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Alex Daniel

Nvidia's deal with OpenAI sparks a chip stock rally

The surge came despite a warning from consultants at Bain & Co. that AI firms face an $800 billion revenue gap by 2030

23.09.2025 10

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Alex Daniel

Tylenol maker's stock bounces back after Trump baselessly links painkiller to autism

Trump's advice for pregnant women to avoid Tylenol alarmed doctors. A lack of scientific proof for his claims sent Kenvue's shares higher

23.09.2025 20

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Alex Daniel

Trump's H-1B visa changes are are 'anti-growth,' economists warn as corporate panic spreads

The president's new rules for the visas for high-skilled workers include hiking the fee to $100,000, about 60 times the previous cost

22.09.2025 8

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Alex Daniel

Donald Trump and Elon Musk reunite at Charlie Kirk memorial, sparking talk of truce

The two were seen shaking hands and having a short conversation at the Glendale, Arizona stadium, months after their public spat

22.09.2025 2

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Alex Daniel

Trump's TikTok deal is coming into focus

Larry Ellison, Rupert Murdoch, and Michael Dell will likely be part of the group taking over TikTok's U.S. arm

22.09.2025 10

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Alex Daniel

China is banning its top tech firms from buying Nvidia's AI chips, report says

The country's internet regulator reportedly told companies including ByteDance and Alibaba to stop buying the U.S.-made AI chips

17.09.2025 30

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Alex Daniel

Big Pharma flinches first over Trump tariffs as Eli Lilly and GSK promise U.S. investment

The pharma giants' multibillion spending promises come as drugmakers look to mitigate the threat of levies on imported medicines

17.09.2025 5

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Alex Daniel

Scott Bessent says Trump's willingness to shut down TikTok 'turned the tide' on deal talks

Beijing indicated that the U.S. version of TikTok may still use ByteDance’s algorithm after a framework deal was agreed between the two countries

16.09.2025 3

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Alex Daniel

Trump can't oust Lisa Cook from the Fed before today's key meeting, court rules

Trump's effort to fire Fed Governor Lisa Cook was halted shortly before his board nominee, Stephen Miran, won Senate confirmation

16.09.2025 3

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Alex Daniel

Tesla stock surges 6% after Elon Musk puts up $1 billion of his own cash

The purchase comes after Tesla directors proposed a 10-year pay package that could deliver Musk as much as $1 trillion in stock

15.09.2025 20

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Alex Daniel

U.S.-China trade talks edge closer on TikTok while Beijing rules against Nvidia

Scott Bessent said TikTok talks are “very close” in Madrid, while China issued an antitrust ruling against Nvidia at the same time

15.09.2025 3

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Alex Daniel

Trump makes a fresh push to oust Fed Governor Lisa Cook before the central bank meets this week

A new legal filing came as new documents showed Cook labeled her Atlanta condo a second home, undercutting Trump's fraud claims

15.09.2025 20

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Alex Daniel

Klarna stock surges 30% on Wall Street debut as IPO wave kicks off

Klarna’s stock market debut signals renewed momentum for IPOs as fintech companies look to win over cautious investors

10.09.2025 4

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Alex Daniel

Borrowers rush in as mortgage rates hit lowest level in nearly a year

Lower rates are offering relief to borrowers, but high living costs and Fed uncertainty continue to weigh on households.

10.09.2025 4

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Alex Daniel

Larry Ellison becomes world's richest person, overtaking Elon Musk

The Oracle co-founder saw his personal wealth rise by more than $100 billion Wednesday morning

10.09.2025 4

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Alex Daniel

Oracle stock soars on bullish $144 billion AI cloud revenue forecast

Chief executive Safra Catz hailed an “astonishing” quarter as new AI cloud deals drove huge gains in the company’s stock

10.09.2025 5

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Alex Daniel

Small businesses get more confident as sales improve. But hiring is a challenge

Stronger sales lifted small-business sentiment last month, but owners say finding workers remains difficult and investment plans are still subdued

09.09.2025 4

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Alex Daniel

Klarna leads a fresh wave of IPOs as Wall Street hopes for a bumper fall season

The Swedish fintech firm Klarna headlines a packed upcoming IPO calendar that will test investor appetite after months of tariff-driven delays

09.09.2025 3

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Alex Daniel

Gen Z workers are getting axed at tech companies — and fast

Fewer graduates are finding a foothold in the tech sector, with new data showing Gen Z’s share of jobs collapsing as firms prioritize efficiency

08.09.2025 40

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Alex Daniel

BMW and Mercedes launch new long-range EVs to challenge Tesla

Once dominant in electric cars, Tesla is losing ground in both the U.S. and Europe as its rivals gain momentum

08.09.2025 4

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Alex Daniel

Trump family’s new crypto value slumps in first week, but it has lifted their wealth by billions

Despite lukewarm trading, Monday’s launch has reportedly helped grow the family’s wealth by as much as $5 billion

04.09.2025 3

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Alex Daniel

Fed Governor Christopher Waller wants to start cutting rates this month

The central bank governor said the labor market “has come in much softer," signaling the need to start a rate cutting cycle at the Fed's next meeting

03.09.2025 3

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Alex Daniel

Dollar Tree boss says even high-income consumers are turning to the budget retailer

Discount retailers like Dollar Tree are capitalizing on a period of economic unease as consumer confidence slipped in August

03.09.2025 5

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Alex Daniel

Google stock surges 8% after it gets to keep Chrome in a big antitrust win

A judge's ruling also allows Google to retain control of its Android mobile operating system, easing a major regulatory headache for the company

03.09.2025 4

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Alex Daniel

The Kraft Heinz mega merger is over. Here’s what went wrong

When the companies merged in 2015, they wanted to take advantage of scale. Shifting consumer tastes scuppered those plans.

03.09.2025 50

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Alex Daniel

Kraft Heinz to split in two, with ketchup and hot dogs going separate ways

The food giant hopes a breakup will revive brands hit by inflation and consumers turning to healthier alternatives

02.09.2025 10

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Alex Daniel

Trump housing chief lodges fresh criminal referral for Fed Governor Lisa Cook

The referral intensifies the dispute over Cook, who is already suing President Donald Trump over her contested removal.

29.08.2025 3

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Alex Daniel

Consumer spending posts biggest gain in four months despite rising inflation

Consumer demand is holding up, but sticky prices and Trump’s tariffs complicate the Fed’s next move on interest rates.

29.08.2025 3

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Alex Daniel

Dollar General hikes forecast as shoppers flock to bargains

The budget retailer says it is seeing more demand, with tariff worries even pulling in wealthier households looking to tighten their belts

28.08.2025 3

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Alex Daniel

Delta to pay out $79 million after its jet dumped fuel over Los Angeles

The payout follows years of legal battles over a midair fuel release that doused LA homes and schools and sparked dozens of complaints

28.08.2025 10

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Alex Daniel

Stanford warns AI is reshaping the job market — and Gen Z is taking the hit

A new study shows that AI is affecting the job market very differently for young workers than older ones

27.08.2025 2

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Alex Daniel

Scott Bessent rules out a U.S. stake in Nvidia after Intel deal

The Treasury Secretary's comments came days after the Trump administration took an almost 10% stake in Intel

27.08.2025 3

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Alex Daniel

Target taps new chief amid falling sales and cost cuts to offset tariffs

Target has been cutting costs to cope with tariffs, a sign of the tough conditions its next chief will have to navigate.

20.08.2025 2

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Alex Daniel

McDonald's will slash combo meal prices to lure back inflation-weary diners

The fast food chain is rolling out cheaper value meals with the hopes of winning back customers squeezed by inflation

20.08.2025 3

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Alex Daniel

Nvidia is reportedly working on more powerful AI chip for China

The company may roll out a more powerful chip for China following bans that cost it billions in sales

20.08.2025 20

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Alex Daniel

Lutnick says government wants Intel stake in exchange for grant funding

The move by the U.S. could open the door for similar deals with other chipmakers that received grants under the Chips Act

19.08.2025 3

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Alex Daniel

What to look out for at Jackson Hole as Powell faces pressure on jobs and inflation

Weak hiring, hotter inflation, and Trump’s attacks set the stage as the Fed chief prepares his Jackson Hole speech

19.08.2025 2

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Alex Daniel

Softbank makes a $2 billion bet on Intel as U.S. reportedly mulls investment

Intel shares jumped after SoftBank said it would put $2 billion into the struggling chipmaker amid reports the U.S. government is considering a stake.

19.08.2025 10

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Alex Daniel