Investors looking to ride out the uncertainty and cushion their portfolios may find a good defensive play in these minimal volatility funds, Citi says.
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These ETFs offer protection to investors worried about a recession, Citi says
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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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Trump denies that he plans to fire Powell: ‘Highly unlikely’
U.S. Federal Reserve Chair Jerome Powell and U.S. President Donald Trump. Craig Hudson | Evelyn Hockstein | Reuters Hours after President Donald Trump told a room full of Republican lawmakers that he will fire Federal Reserve Chair Jerome Powell, he denied plans to do that. “We’re not planning on doing it,” he said. “It’s highly […]
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Wholesale inflation measure was unchanged in June
A measure of wholesale prices showed no change in June, providing a conflicting sign over whether tariffs threaten to boost inflation in the coming months. The producer price index was flat, according to seasonally adjusted numbers from the Bureau of Labor Statistics reported Wednesday. Economists surveyed by Dow Jones had been looking for an increase […]
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