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Categories Tech News

Is Big Tech’s $725B AI splurge being funded by mass layoffs?

May 4, 2026

A widely reported figure this past week is that 81,747 tech workers lost their jobs in Q1 2026, the highest quarterly layoff

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Categories Tech News

Evening digest: Trump displeased with Iran talks, jolts EU with auto tariffs

May 2, 2026

President Donald Trump expressed dissatisfaction with ongoing Iran negotiations, while also announcing plans to raise tariffs on EU auto imports to 25%.

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Categories Tech News

Will Powell’s move limit White House influence over the Fed?

May 2, 2026

Federal Reserve Chair Jerome H. Powell has capped his eight-year tenure with one of the most contentious policy moments in decades, underscoring

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Categories Tech News

Yen carry trade cracks are showing, and Wall Street isn’t ready

May 1, 2026

On Thursday, USD/JPY crashed over 500 pips in a matter of hours. Japan's Ministry of Finance confirmed it had bought yen and

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Categories Tech News

UK house prices defy forecasts, climb amid economic concerns

May 1, 2026

British house prices unexpectedly increased in April, even as consumer confidence weakened amid rising geopolitical tensions, according to a report by Nationwide

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Categories Tech News

ECB keeps rates steady, warns of energy-driven inflation surge

April 30, 2026

The European Central Bank (ECB) kept its key interest rates unchanged on Thursday, while warning that the war involving Iran is intensifying

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Categories Tech News

US inflation hits 3.5%, highest in 2 years, dimming Fed rate-cut hopes

April 30, 2026

US consumers faced renewed inflationary pressure in March as rising oil prices linked to the Iran conflict pushed costs higher, complicating the

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Categories Tech News

Trump holds meeting with Chevron, energy leaders to discuss oil supply

April 29, 2026

US President Donald Trump met top officials from Chevron and other energy companies on Tuesday.The meeting focused on US oil production, oil

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Categories Tech News

Warsh clears key Senate vote, setting stage for Fed leadership shift

April 29, 2026

The nomination of Kevin Warsh to lead the Federal Reserve advanced on Wednesday after the Senate Banking Committee approved his candidacy in

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Categories Tech News

BoJ holds rates as split vote and oil shock cloud policy outlook

April 28, 2026

The Bank of Japan kept interest rates unchanged at 0.75%, choosing caution as rising oil prices and renewed conflict in the Middle

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