Thanks to soaring inflation, the Fed could be willing to take more market pain before easing policy, Citi says.
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Stocks would need to fall a lot further before the Fed rethinks rate hikes, Citi says
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Expect tariff ‘cascade’ effect across slowing global economy, top UN official warns
The leading arm of the United Nations’ organization focused on trade and development, UNCTAD, said President Trump’s tariff policies are already creating new costs and disruptions in the global supply chain, and for less developed nations that trade with the U.S., the worst economic fallout hasn’t hit yet. “We already see a disruption in the […]
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Ether is starting to outperform bitcoin – and further gains could be ahead for the crypto, charts show
Ether continues to demonstrate notable strength, both on an absolute basis and relative to bitcoin , which suggests that its recent up-move could kickstart further gains. First, on this daily chart, it’s clear that ETH finally has broken out of a bullish inverse head-and-shoulders pattern, a technical formation that has been under construction for most […]
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Scale AI cuts 14% of workforce after Meta investment, hiring of founder Wang
Facade with logo at headquarters of Scale AI, San Francisco, California, June 2, 2025. Smith Collection | Gado | Archive Photos | Getty Images Weeks after Meta poured $14.3 billion into Scale AI and hired founder Alexandr Wang, the artificial intelligence startup is cutting 200 full-time employees, or 14% of its staff. Scale AI’s interim […]
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