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Category: Business

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Despite Trump’s pressure campaign, you probably won’t be seeing interest rate cuts this week

2 years ago07 mins

The Federal Reserve is likely to hold interest rates steady in its coming decision out Wednesday.

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Why universal basic income is a long shot in the UK

2 years ago07 mins

Universal basic income is politically controversial in the UK, but the Wales government is testing a small pilot.

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Here are the 11 new movie reboots coming to theaters in 2025

2 years ago015 mins

"Wolf Man" is the first movie reboot to premiere in 2025. Here are the other 10, from DC’s "Superman" to two "Frankenstein" adaptations.

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Like any millennial, Yahoo wants to be seen as cool again

2 years ago017 mins

Yahoo lost out to Google and Meta years ago. Now it’s capitalizing on the backlash against them.

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Trump said he wants to overhaul or eliminate FEMA. Here are disaster-fighting efforts that could be at risk.

2 years ago010 mins

FEMA provides funds to governments and individuals to rebuild after natural disasters, but Trump has criticized it for being too slow and costly.

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Investors worry DeepSeek reduces AI chip demand, but there’s a case for remaining bullish on Nvidia

2 years ago09 mins

China’s DeepSeek has panicked investors in top AI stocks after it said its new model was built with less computing power than would be expected.

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The White House has temporarily frozen all federal grants and loans, affecting billions of dollars in payments

2 years ago04 mins

It called for all federal agencies to ensure that their grants and programs aligned with the new Trump administration’s priorities.

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London still dominates as the biggest hedge funds’ international outpost despite hot spots like Dubai entering the scene

2 years ago07 mins

Regulatory filings for the biggest managers like Citadel and Point72 show that London and Hong Kong are where investing talent is concentrated.

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  • Business

DeepSeek’s founder is being hailed in China as an ‘AI hero of Guangdong’ after the US market rout

2 years ago06 mins

A $1 trillion wipeout in the US stock market has given Liang Wenfeng a new burst of online stardom, with one Chinese paper calling him a "great god."

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  • Business

Jensen Huang lost 20% of his on-paper wealth on Monday after DeepSeek roiled the AI industry

2 years ago04 mins

Huang’s net worth fell from $121 billion to around $100 billion, per the Bloomberg Billionaires Index.

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  • Africa: Olunga Leads Kenya Squad As Mccarthy Makes Final Choices for Afcon 2027 Qualifiers
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  • Dashcams expose long-running e-hailing safety crisis
  • Africa: Smith Still Haunted By ‘Sandpapergate’ As He Prepares for South Africa Tests
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