A new report has urged the UK government to take steps to mitigate the risks posed by a Chinese invasion of Taiwan amid fears it could devastate the global economy. Taiwan heads to the polls on Saturday in a vote…
U.S. stock futures hovered around the flat line Thursday morning, as December’s inflation reading came in slightly hotter than economists had expected, raising new questions about the Federal Reserve’s path on interest rates. S&P 500 futures (^GSPC) fell about 0.1%…
Consumer price data scheduled for Thursday morning are expected to provide policymakers at the Federal Reserve, the White House and US households with new evidence that inflation is continuing to slow. However, some of the report’s details may also show…
Open Editor’s Digest for free Rula Khalaf, editor of the Financial Times, picks her favorite stories in this weekly newsletter. The U.S. Securities and Exchange Commission has approved the first spot bitcoin exchange-traded funds in a watershed moment that cryptocurrency…
A woman seeking the first real trending consumer item of 2024 — the Stanley Cup — was happy to get one at Target. But it came at a price beyond what I paid at the register. Creator Megan Henagan Howard…
2 hours ago Fast Retailing’s results exceeded expectations, with first-quarter net profits increasing by more than 27%. Fast Retailing, the parent company of clothing brand Uniqlo, reported net profit of 107.80 billion yen ($739.57 million), for its fiscal first quarter…
Alaska Airlines N704AL, the 737 MAX 9 that made an emergency landing at Portland International Airport after part of the fuselage broke off mid-flight on Friday, is parked in a maintenance hangar in Portland, Oregon, Saturday, January 6, 2024. .…
LAS VEGAS (AP) — Chef-like robots, artificial intelligence-powered appliances and other high-tech kitchen gadgets herald that humans won’t need to cook food — or mix drinks — for themselves anymore. There was a lot new in the food and beverage…
Google laid off hundreds of workers across several departments on Wednesday night, seeking to cut expenses as it focuses on artificial intelligence and joining a wave of other companies that have cut technology jobs this year. The Silicon Valley company…
Alphabet subsidiary Google said it would lay off hundreds of employees working in its digital assistant, hardware and engineering teams, as it continues its quest to reduce costs. Among the affected workers are those who work on Google Assistant and…