Economy

Jack Dorsey's Block announces massive layoffs of 4,000+ employees, betting on AI automation for smaller teams. Stock soared 24%, but is this the right move for the payments giant?

Nvidia posted record $68.1B revenue but shares dropped 5% as traders question when massive AI spending will turn into actual profits for the ecosystem.

A Supreme Court decision on tariffs has unleashed over 900 legal challenges from companies seeking billions in refunds, potentially reshaping US trade policy

Modi's Israel visit signals the rise of a new West Asia order as India and Israel forge deeper ties, challenging the Turkey-Pakistan-Saudi bloc while reducing US dependence.

Ethereum unveils ambitious roadmap to cut transaction finality from 16 minutes to 6 seconds by 2029, potentially transforming how crypto moves value globally.

CoreWeave's 110% revenue surge reveals who's actually profiting from AI boom. While everyone chases ChatGPT, infrastructure providers count the cash.

Viral sensation Punch the monkey has accidentally created a global rush for Ikea's orangutan plushie, raising questions about viral marketing ethics and animal welfare

Internal battles at Blue Owl Capital are sending shockwaves through the $1.5 trillion private credit market, raising questions about alternative lending's true risks.

Millions of Chinese parents are using matchmaking apps to find marriage partners for their adult children, creating a new digital twist on traditional arranged marriages amid rising singlehood anxiety.

Tesla strikes a deal with German unions, ending months of labor disputes. But this peace treaty might reshape how Silicon Valley giants operate in Europe's worker-friendly landscape.

While AI fears trigger a $1 trillion tech selloff that's pulling crypto down too, Grayscale argues blockchains will become the financial backbone for AI agents.

Bank of Japan board member signals rate hikes ahead, marking potential end to 15-year ultra-loose policy. What this means for global markets and currency dynamics.