Microsoft Dropped Some AI Data Center Leases, TD Cowen Says

Feb 24, 2025 | Markets

The company has pledged $80 billion toward computing capacity Wall Street is questioning AI demand over the longer-term Microsoft Corp. has canceled some leases for US data center capacity, according to TD Cowen, raising broader concerns over whether it’s securing...

Why Private Equity Is Eyeing Your Nest Egg

Feb 24, 2025 | Markets, Private Markets

Alternative investment shops want to tap the trillions of dollars in retirement accounts. Private equity has long been an exclusive club, a world of opaque funds and high fees where only the wealthiest and most sophisticated investors can gain a foothold. Its allure...

Pentagon Expects to Fire Up to 8% of Its Civilian Workforce

Feb 21, 2025 | Markets

5,400 probationary employees face dismissal starting next week Hegseth champions Trump campaign to slash federal worker ranks The Pentagon expects to fire between 5 and 8% of its civilian workforce, with the first round of layoffs targeting 5,400 probationary workers...

Stocks Get Hammered as Traders Hit Risk-Off Button: Markets Wrap

Feb 21, 2025 | Markets

Consumers long-run inflation views rise to highest since 1995 US business activity moderates as the service sector cools Stocks had their worst session so far in 2025 after weaker-than-expected economic data and a surge in consumers’ long-run inflation views to the...