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Alex Daniel

Alex Daniel

Quartz

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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

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Quartz

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

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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.

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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.

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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

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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

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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 3

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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

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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

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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 3

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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 2

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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 3

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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 5

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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

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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 3

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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 3

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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 2

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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

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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

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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 3

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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 4

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Alex Daniel

Chase is funding $4 million in disaster relief for restaurants

The bank announced a disaster relief program for small restaurants nationwide as part of a partnership with the Independent Restaurant Coalition

30.07.2025 9

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Alex Daniel

The U.S. economy swung back to growth as consumer spending rose despite tariffs

Economic growth jumped 3% between April and June as consumer spending increased and imports dropped sharply compared to the first quarter

30.07.2025 10

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Alex Daniel