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

previous day 3

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.

previous day 4

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

previous day 3

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

previous day 4

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

tuesday 4

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

tuesday 2

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

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

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

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

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

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

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

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

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 2

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

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

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

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 1

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

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

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 2

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

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

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

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

Alex Daniel

Experts warn U.S. grid limits could hand AI advantage to China

In the U.S., power constraints have become the single biggest bottleneck to the AI buildout. In China, it is a very different story.

18.08.2025 6

Alex Daniel

Crypto losses continue with inflation clouding Fed policy outlook

Last week's surprisingly high reading for wholesale inflation sparked a fresh selloff after Bitcoin previously hit an all-time high.

18.08.2025 10

Alex Daniel

Duolingo CEO still battling backlash over ‘AI-first’ plans

Luis von Ahn, founder of the language learning app, said he "did not give enough context" when he announced the initiative

18.08.2025 30

Alex Daniel

ChatGPT mobile app makes $2 billion, one $2.91 install at a time

The chatbot has racked up an estimated 690 million downloads globally, per new data, which also showed a gulf between OpenAI and its rivals

16.08.2025 10

Alex Daniel

Concerns over tariffs, inflation, and slowing job growth dent consumer confidence

A University of Michigan poll showed consumers "expect both inflation and unemployment to deteriorate in the future," said the survey's chief

15.08.2025 7

Alex Daniel

Intel shares jump as Trump mulls another chipmaker power play

Trump’s White House reportedly weighs buying into Intel, marking its latest bid to directly shape the U.S. chip industry after moves against rivals.

15.08.2025 5

Alex Daniel

Senators call for probe after Meta’s chatbot policy for kids sparks outrage

Republican senators are urging a probe into Meta over an internal document of AI chatbot rules allegedly let bots engage in romantic chats with kids.

15.08.2025 5

Alex Daniel

U.S. drug makers are starting to hike prices abroad after Trump's ultimatum

The pharmaceutical giant said prices in Europe will need to rise to bring them down in the U.S., following demands by President Donald Trump

15.08.2025 7

Alex Daniel

Klarna credits AI for revenue boost as its growth surges

The fintech said AI adoption "continues to deliver significant, tangible results" as second-quarter sales grew 20% year-on-year

14.08.2025 4

Alex Daniel

Bitcoin falls after Treasury Secretary rules out buying it for strategic reserve

The Treasury Secretary said the U.S. is "not going to be buying" Bitcoin for its strategic reserve, and cryptocurrency's value slumped

14.08.2025 4

Alex Daniel

Tariffs and weak demand slash Deere’s quarterly profit by 25%

Tariffs, weak crop prices and wary farmers sent John Deere’s profit tumbling and forced the company to cut its outlook.

14.08.2025 10

Alex Daniel

Fed’s Kashkari says slowing economy could bring rate cut soon

The Minneapolis Fed President pointed to weaker hiring, slower spending and cooling inflation as reasons for a rate cut in the coming months

06.08.2025 5

Alex Daniel

McDonald’s gets back to growth with chicken strips and Minecraft meals

A movie tie-in and a menu refresh gave McDonald's the momentum it had been craving following a sluggish start the year

06.08.2025 5

Alex Daniel

Jump in late student loan payments helps lift U.S. debt to new high

The share of debt that is past-due has risen in recent quarters, according to New York Fed data, pointing to growing strain on consumers

06.08.2025 4

Alex Daniel

Top chipmaker TSMC reveals probe into trade secrets leak

Taiwan Semiconductor Manufacturing Company, the world’s largest supplier of semiconductor chips, said it had detected "unauthorized activities"

05.08.2025 5

Alex Daniel

‘Lonely’ Gen Z workers shun fully remote jobs

A poll found Gen Z workers are the least likely to want fully remote work because they are “the loneliest generation”.

05.08.2025 6

Alex Daniel

Goldman Sachs warns U.S. growth could weaken as hiring slows and consumers pull back

The bank's warning came after Trump slapped new tariffs on countries across the world and fired an official over the most recent jobs report

04.08.2025 4

Alex Daniel

Spotify stock surges 7% as investors cheer price increases

The music streaming giant is hiking prices across Africa, Asia, Europe, and Latin America

04.08.2025 5

Alex Daniel

Flight attendants sue Boeing over the Alaska Airlines door-plug blowout

The flight attendants are seeking compensation for physical and emotional injuries after a panel fell from a Boeing plane at 16,000 feet

01.08.2025 5

Alex Daniel

The Dow plunges 700 points and the Nasdaq sheds 2% as Trump's new tariffs hit stocks

The tech-heavy Nasdaq saw the steepest losses at 2.5%, led partly by Amazon stock falling almost 7%

01.08.2025 3

Alex Daniel

Trump demands drugmakers slash U.S. prices or face consequences

President Donald Trump called on 17 pharmaceutical giants to match the lowest price offered to other developed nations

01.08.2025 40

Alex Daniel

Inflation rises as Trump turns up the heat on 'total loser' Fed Chair Jerome Powell

The new inflation reading indicates that attempts to fight price rises are stalling, with fears growing that Trump’s tariffs could push prices higher

31.07.2025 30

Alex Daniel

China questions Nvidia over fears of security risks with its H20 chip

The move casts doubt over Nvidia's sales prospects in China, after the Trump administration reversed its ban on exporting chips to the country

31.07.2025 4

Alex Daniel

Small imports to face U.S. tariffs as Trump closes de minimis loophole

The president signed an executive order that subjects all parcels valued at $800 or less to import trade tariffs

31.07.2025 5

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

Alex Daniel

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

Alex Daniel

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

Alex Daniel

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

Alex Daniel

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

Alex Daniel

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

Alex Daniel

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

Alex Daniel

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

Alex Daniel

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

Alex Daniel

Fed Governor Christopher Waller wants to start cutting rates this month

Alex Daniel

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

Alex Daniel

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

Alex Daniel

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

Alex Daniel

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

Alex Daniel

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

Alex Daniel

Consumer spending posts biggest gain in four months despite rising inflation

Alex Daniel

Dollar General hikes forecast as shoppers flock to bargains

Alex Daniel

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

Alex Daniel

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

Alex Daniel

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

Alex Daniel

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

Alex Daniel

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

Alex Daniel

Nvidia is reportedly working on more powerful AI chip for China

Alex Daniel

Lutnick says government wants Intel stake in exchange for grant funding

Alex Daniel

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

Alex Daniel

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

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Experts warn U.S. grid limits could hand AI advantage to China

Alex Daniel

Crypto losses continue with inflation clouding Fed policy outlook

Alex Daniel

Duolingo CEO still battling backlash over ‘AI-first’ plans

Alex Daniel

ChatGPT mobile app makes $2 billion, one $2.91 install at a time

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Concerns over tariffs, inflation, and slowing job growth dent consumer confidence

Alex Daniel

Intel shares jump as Trump mulls another chipmaker power play

Alex Daniel

Senators call for probe after Meta’s chatbot policy for kids sparks outrage

Alex Daniel

U.S. drug makers are starting to hike prices abroad after Trump's ultimatum

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Klarna credits AI for revenue boost as its growth surges

Alex Daniel

Bitcoin falls after Treasury Secretary rules out buying it for strategic reserve

Alex Daniel

Tariffs and weak demand slash Deere’s quarterly profit by 25%

Alex Daniel

Fed’s Kashkari says slowing economy could bring rate cut soon

Alex Daniel

McDonald’s gets back to growth with chicken strips and Minecraft meals