Month: September 2025
Wall Street eyeing one big trade after Fed rate cut: Commodities
Commodities could soar after the Federal Reserve’s quarter-point interest rate cut this week, though this will depend on whether the U.S. manages to avoid a recession, according to JPMorgan. “Historically, commodities have generated positive returns both leading up to and following the first Fed cut,” JPMorgan analysts led by Natasha Kaneva told clients in a […]
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Now that the Fed has cut rates, here’s what UBS says to do with your cash
The recent rate cut from the Federal Reserve will likely not be the last this year, which means investors need to start assessing their cash allocations, according to UBS. There is $7.3 trillion in cash sitting in money market funds, close to a record, according to the Investment Company Institute . But the solid rates […]
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OpenAI leads private market surge as 7 tech startups reach combined $1.3 trillion valuation
Three years ago, Sam Altman lit the fuse for what’s become the most explosive bull run in the history of tech startups with the launch of ChatGPT. Along with OpenAI’s rapid rise to a $500 billion valuation, other prominent names like SpaceX, Anthropic and Anduril have seen astronomical markups of late. In total, a basket […]
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Hands-on with the Meta Ray-Ban Display glasses
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., wears a pair of Meta Ray-Ban Display AI glasses during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025. David Paul Morris | Bloomberg | Getty Images When it comes to the new $799 Meta Ray-Ban Display glasses, it’s the device’s […]
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Club nation: Why Costco, Sam’s Club and BJ’s are opening new stores and gaining members
Costco Wholesale, Sam’s Club and BJ’s Wholesale stores. Getty Images On Costco’s last earnings call, executives were grilled about a problem few companies have: how is the company managing crowded stores and jammed-up parking lots? That dilemma is a sign of the times for membership-based warehouse clubs. More Americans have literally joined the club — […]
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Top European finance chiefs warn of ‘casino’ behavior in private credit
Heads of European financial institutions are warning of risks in the rapidly growing, multi-trillion-dollar private credit market, with one executive saying parts of it resemble a “casino.” Oliver Bate, chief executive of Allianz , one of the world’s largest insurers, told CNBC that “uncontrolled” growth in the private credit space — which faces much less […]
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Cyberattack disrupts operations at European airports including Heathrow, Brussels
Planes land at the Heathrow Airport in the United Kingdom. Steve Parsons | Pa Images | Getty Images A cyberattack at a service provider for check-in and boarding systems has disrupted operations at several major European airports including London’s Heathrow, Brussels and Berlin, causing flight delays and cancellations on Saturday. Collins Aerospace, which provides check-in […]
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Russian jets enter Estonia’s airspace in latest test for NATO
Three Russian military jets violated NATO member Estonia’s airspace for 12 minutes on Friday in an “unprecedentedly brazen” incursion, its government said, the latest in a series of recent military actions by Russia that have rattled the alliance. Russia’s Defence Ministry denied its jets violated Estonian airspace, saying they flew over neutral waters. With tensions […]
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From shopping carts to superchips: Alibaba rediscovers edge with bold billion-dollar AI pivot
BEIJING — After helping shape the early years of Chinese e-commerce, followed by years of management missteps , Alibaba is betting big on artificial intelligence as it takes on a new era. This month, Alibaba led a roughly $100 million investment round in humanoid startup X Square Robot , and put $60 million into the […]
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Working smarter, not harder: AI could help fight burnout — but is it?
Burnout shows up as feeling constantly exhausted, emotionally checked out from work, and struggling to get things done effectively. Delmaine Donson | E+ | Getty Images Burnout is a growing concern across industries, but artificial intelligence is quietly changing the game. Recognized by the World Health Organization as an “occupational phenomenon,” burnout is more than […]
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