A wave of selling has hit enterprise software giants, with sector leaders like SAP and Salesforce shedding billions in market value. The trigger? Microsoft's latest earnings revealed a slowdown in its cloud growth, but the deeper unease stems from AI's potential to disrupt the very foundations of the SaaS business model.
President Donald Trump's nomination of Kevin Warsh to lead the Federal Reserve sets the stage for a potential pivot in U.S. monetary policy, placing a seasoned yet controversial figure with deep Wall Street ties at the helm.
As severe flooding displaces hundreds of thousands in Mozambique, the UN raises alarms over dangerously overcrowded temporary shelters and a critical funding shortfall, warning of heightened risks for vulnerable populations.
President Donald Trump has nominated Kevin Warsh, a former Federal Reserve governor and critic of current monetary policy, to succeed Jerome Powell as Chair of the Federal Reserve, setting the stage for a potential shift in the central bank's direction.
Worldcoin (WLD) plunged 21% in a volatile session, yet derivatives data reveals a cohort of traders profited from the downturn. Despite the crash, on-chain metrics suggest holder accumulation is limiting sell-side pressure, setting the stage for potential consolidation.
Starbucks is overhauling its popular Rewards program for over 35 million U.S. members, introducing a tiered structure (Green, Gold, Reserve) designed to offer faster, more personalized benefits and deeper integration with travel partners.
The Institute of Chartered Accountants of Scotland launches its 2026 CA Rising Stars search, introducing a new 'Community and Social Value' award to recognize young professionals driving ethical and technological change in the field.
Intuitive Machines (LUNR) is set to acquire Lanteris Space Systems in an $800 million deal, expanding its capabilities into vertically integrated space infrastructure. Concurrently, NASA has selected the company to provide critical tracking support for the upcoming Artemis II crewed lunar mission, signaling growing trust in its technical prowess.
Bitcoin tumbled toward $81,000 as markets reacted to the potential nomination of former Fed Governor Kevin Warsh, whose history of monetary hawkishness is viewed as a headwind for risk assets like cryptocurrency.
President Trump is expected to nominate former Fed governor Kevin Warsh as Jerome Powell's successor, a move markets interpret as a tilt toward more hawkish monetary policy and an end to months of uncertainty over the central bank's leadership.
Freedom Capital Markets has lowered its price target for Li Auto (NASDAQ: LI) from $34 to $25, citing a mixed quarterly performance and a challenging outlook as China's electric vehicle sector grapples with a fierce price war and softening demand.
As gold spot prices post their largest single-day dollar gain on record, economist Peter Schiff warns that U.S. equities are in a deep, prolonged bear market when measured against the precious metal, highlighting a stark divergence in asset performance.
President Donald Trump is set to announce his nominee for Federal Reserve Chair on Friday, with multiple reports indicating former Fed governor Kevin Warsh is the leading candidate to succeed Jerome Powell, a move already rippling through currency markets.
President Trump is preparing to nominate former Fed Governor Kevin Warsh to lead the central bank, according to people familiar with the discussions, a move that triggered immediate market reactions as investors assessed the potential policy shift.
President Trump is expected to nominate former Fed governor Kevin Warsh as the next Federal Reserve Chair, a move that could signal a pivot toward aggressive rate cuts paired with a reduction of the central bank's balance sheet, reshaping the landscape for markets and cryptocurrencies.
A landmark Senate hearing this week will examine the potential cultural and economic fallout of Netflix's proposed acquisition of Warner Bros. Discovery, amid fears it could create an unprecedented 'stream-opoly'.
The head of Médecins Sans Frontières warns that Israel's decision to terminate the group's operations in Gaza and the West Bank will deepen the humanitarian crisis, calling it a pretext to restrict vital aid.
If confirmed, incoming Fed Chair Kevin Warsh will inherit a booming yet bifurcated economy. Despite strong GDP growth and a surging stock market, stagnant hiring and sinking consumer confidence present a policy puzzle where interest rate cuts may offer no easy fix.
President Trump's selection of Kevin Warsh to lead the Federal Reserve has bolstered the dollar and triggered a sharp sell-off in gold and silver, raising questions about the future of the metals trade amid shifting monetary policy expectations.
A Foxboro woman's two-year struggle with a defective high-end oven underscores the enduring power of state consumer protection laws, even after a manufacturer's warranty expires.
