Wall Street is alarmed by signs of persistent inflation, fearing a return to stagflation akin to the 1970s and 1980s, prompting caution in asset allocation strategies.
Industry
Doritos Faces Boycott Calls for its Transgender Ambassador's Tweet About 12-Year-Old
Doritos Spain is facing backlash as its announcement of transgender artist Samantha Hudson being its brand ambassador sparked outrage over her past tweets involving a 12-year-old.
FAA Says Boeing, Spirit AeroSystems Fail to Comply With Manufacturing Quality Control Standards in 'Multiple Instances'
The Federal Aviation Administration (FAA) has unveiled findings pointing to quality control issues at Boeing and its top supplier, Spirit AeroSystems.
Memecoins Like Dogecoin and Shiba Inu Surge as Bitcoin Rally Continues
Memecoins are again stealing the spotlight in the crypto market as they soar to unprecedented heights, outshining even Bitcoin's performance.
Hong Kong Securities Issues Alert on BitForex Cryptocurrency Exchange Fraud Suspicions
Hong Kong's SFC issued a warning on the BitForex exchange amid suspected fraud following the exchange's $57 million withdrawal in February.
Latest News
Mandating tech platforms to be responsible for online threats and enacting the 'Kids Online Safety Act' will protect minors from AI-generated deepfake content.
Bitcoin reaches $64,000, thanks to the spot BTC ETF approval. This is its highest record since 2021.
Trader Joe's chicken soup dumplings are possibly contaminated with hard plastic. Here's what FSIS announced.
Saudi Arabia, Russia, and some other key members of the Organization of the Petroleum Exporting Countries Plus (OPEC+) have decided to prolong their voluntary crude supply cuts until June.
After investing in OpenAI, Microsoft's partnership with Mistral AI will help improve its multilingual model comparable to ChatGPT 4, now available on Microsoft Azure.
Sony Music Group's record-breaking deal with Michael Jackson's catalog, valued at over $600 million, makes it the largest ever for a solo musician, encompassing hits from albums like Bad and tracks by other artists.
Apple is shifting its focus from its decade-long car project to investing $73 billion in Apple AI, aiming to challenge Microsoft’s AI leadership, with plans to unveil generative AI-based tools at WWDC in June.
KeokeN Interactive recently underwent a round of layoffs, affecting a small portion of its workforce.
A federal judge in Delaware has dismissed AstraZeneca's lawsuit challenging Medicare's new power to negotiate prices directly with drug manufacturers.
