Business

Bank of Canada Holds Steady at 2.25% Amid Oil Shock and Trade Risks
The Bank of Canada left its key interest rate unchanged at 2.25% in late April. Officials signaled patience. Yet they issued a pointed warning. The situation could shift fast...
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Meta to Cut More Jobs in 2024 as It Trims Middle Management by 20%
Meta Platforms announced additional rounds of workforce reductions as the company continues to restructure operations following years of aggressive hiring during the pandemic er...
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Meta’s Mouse-Tracking Revolt: Employees Push Back Against AI Training That Could Replace Them
Employees at Meta have taken an unusual step. They printed flyers. They placed them in bathrooms, on vending machines, and in meeting rooms across U.S. offices. The message c...
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LinkedIn Slashes 5% of Workforce as Tech Layoffs Mount Despite Revenue Gains
LinkedIn is cutting about 5% of its staff. The Microsoft-owned professional network planned to notify employees Wednesday in what marks the latest round of job reductions swe...
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Google Eases Microsoft Switch for Small Firms With One-Click User Import
Google just made it simpler for small businesses stuck on Microsoft 365 to make the jump to Workspace. The company rolled out a beta tool on May 13, 2026, that lets very smal...
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Morgan Stanley Sees Inflation Peak Near as Oil Shock Reshapes Consumer Spending and Fed Outlook
US inflation accelerated sharply in April. The consumer price index rose 3.8% from a year earlier. That marked the highest reading since 2023. Energy costs drove much of the...
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Nadella’s $13 Billion Bet: How Fear of Repeating IBM’s Fate Reshaped Microsoft’s AI Strategy
Satya Nadella stared down a federal courtroom this week and laid bare the calculation that has defined Microsoft’s place in the artificial intelligence race. The CEO didn’t s...
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From Maxed-Out Cards to $100 Million: How Poppi’s Founders Bet Everything on Prebiotic Soda
Allison Ellsworth stood at a farmer’s market. She was three months pregnant. She and her husband had just bought a house. The prebiotic drink they sold drew curious looks but...
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Anthropic Edges Past OpenAI in Enterprise AI Race as Ramp Data Signals Coding Tool Surge
Anthropic has overtaken OpenAI in the number of paying business customers for the first time. Ramp's latest AI Index, drawn from expense records of over 50,000 companies, shows...
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SAP Admits Joule Studio Flop, Rushes 2.0 Overhaul with Pro-Code Power and Agent Governance at Sapphire 2026
SAP's AI ambitions hit a wall. Joule Studio, promised as a cornerstone for custom AI agents last year, saw barely any uptake. Now the company is scrambling with a major revam...
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Gold’s Volatile Climb: Position Shifts and Geopolitical Forces Drive Prices Near $4,700
Gold futures settled higher by 0.4% on Friday. Silver gained 0.9%. Both metals extended gains for a fourth straight session and finished the week in positive territory. Yet t...
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Energy Shock Returns: U.S. Inflation Hits 3.8% as Iran Conflict Fuels Consumer Pain
Consumer prices jumped 3.8% in April from a year earlier. That marks the fastest annual rise in three years. The...
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Goolsbee Sounds Alarm: Services Surge Points to Overheating U.S. Economy
Chicago Federal Reserve President Austan Goolsbee doesn't mince words. The latest inflation numbers landed worse than expected. And they reveal something deeper than temporar...
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Kiyosaki’s 2026 Warning: A Greater Depression or Just Another Loud Alarm?
Robert Kiyosaki sees trouble ahead. The author of the bestseller "Rich Dad Poor Dad" has spent years telling audiences that financial education beats traditional advice. Now...
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Why ‘Tax Me More’ Billionaires Skip the IRS Check
Tom Steyer said it again last week. Billionaires like him should pay more in taxes. So did members of Patriotic Millionaires, a group of wealthy Americans pushing for higher...
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