Economy
Finance, markets, investments, cryptocurrency and economic news
Japan's Mizuho Financial Group plans to reduce up to 5,000 clerical positions over 10 years through AI automation, signaling major shifts in banking employment.
Twitter founder Jack Dorsey warns AI job displacement is accelerating while companies chase short-term profits. Are we prepared for the social cost?
Over 2,000 companies sue for tariff refunds after Supreme Court ruling. With $140 billion in limbo and Trump's mixed signals, the real winners may surprise you.
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[email protected]UK's Barclays explores blockchain settlement platform development, consulting tech providers for payments, stablecoins, and tokenization services to rival JPMorgan's early lead
Nvidia stock drops 6% this week despite 77% revenue growth forecast. Meta and OpenAI's shift to alternative AI chips signals end of Nvidia's monopoly era.
Pete Hegseth's confirmation as Defense Secretary marks Trump's successful placement of MAGA loyalists in key military positions, raising questions about Pentagon independence
Major UK property lender's sudden collapse sends shockwaves through Wall Street, exposing vulnerabilities in mortgage-backed securities. What does this mean for global financial stability?
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[email protected]Five PLA generals stripped of legislative seats days before China's National People's Congress, signaling Xi Jinping's anti-corruption campaign reaches military's core
Former Philippine President Duterte's lawyers dismiss ICC charges as unfounded, claiming evidence is based on media pressure and emotional appeals rather than facts.
Citi and Morgan Stanley are integrating Bitcoin into traditional banking infrastructure, marking a paradigm shift in how institutions handle digital assets alongside securities and cash.
OpenAI's Sam Altman backs rival Anthropic in Pentagon standoff over AI ethics. What's really at stake when tech meets military might?
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[email protected]Three years into Russia's invasion, Ukraine defies all predictions. What's behind this remarkable resilience, and how long can it last?