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Politics
20k job cuts at Meta, Microsoft raise concern of AI labor crisis
Meta CEO Mark Zuckerberg (L) and Microsoft CEO Satya Nadella.Getty Images | ReutersThe more than 20,000 potential job cuts Meta and Microsoft revealed on Thursday, months after Amazon announced its most widespread layoffs ever, may only…
DOJ drops investigation of Fed Chair Powell, lifts hurdle to Warsh
The Department of Justice on Friday dropped its criminal investigation of Federal Reserve Chair Jerome Powell, removing a major hurdle to the Senate confirming President Donald Trump's nomination of Kevin Warsh to replace him.U.S.…
Wall Street’s ‘fear gauge’ is doing something unusual. What it means
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 23, 2026.Jeenah Moon | ReutersSomething interesting is happening in the options market. The S&P 500 touched record highs Thursday…
Iran FM Araghchi to Pakistan to discuss peace talk plans: MS NOW
Iran's foreign minister Abbas Araghchi, speaks during a press conference at the Lutfi Krdar Congress Center on the sideline of the 51st session of the Council of Foreign Ministers of the Organization of Islamic Cooperation (OIC), in…
Treasury yields are little changed after Israel-Lebanon ceasefire
Lebanon Ambassador to the US Nada Hamadeh Moawad speaks to reporters after a meeting with US President Donald Trump, Lebanon Ambassador to the US and Israel Ambassador to the US, at the White House in Washington, DC on April 23, 2026.…
Trump warns of ‘big tariff’ if UK doesn’t drop digital services tax
US President Donald Trump during a healthcare affordability event in the Oval Office of the White House in Washington, DC, US, on Thursday, April 23, 2026.Bloomberg | Bloomberg | Getty ImagesU.S. President Donald Trump has delivered a…
U.S. tariff ruling and Iran war delays India trade deal
The Indian flag flies in front of billboards featuring images of Indian Prime Minister Narendra Modi and U.S. President Donald Trump in Ahmedabad, India, on Feb. 23, 2020. Bloomberg | Bloomberg | Getty ImagesThe India-U.S. trade deal…
Global stock markets set to fall, top Bank of England official warns
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 23, 2026. Jeenah Moon | ReutersInternational equity markets are priced too high and will fall, according to a senior leader at the Bank of…
Porsche is selling its Bugatti Rimac stake and walking away from Rimac
LAS VEGAS, NEVADA - JANUARY 06: People visit Bugatti booth during the Consumer Electronics Show (CES) 2026 on January 6, 2026 in Las Vegas, Nevada. Zhang Shuo | China News Service | Getty ImagesPorsche AG has agreed to sell its 45%…
South Korea’s ‘ant investors’ are marching to U.S. equities even as
A currency trader monitors exchange rates in a dealing room at the Korea Exchange Bank in Seoul Jung Yeon-je | Afp | Getty ImagesSouth Korean stocks have been surging to record highs over the past year, but that hasn't dimmed the allure…