Oct 28, 2025 | Markets
Cheaper artificial intelligence tools from China threaten to trigger a sudden sell-off in US tech giants betting on generative AI, according to the investment chief at one of Australia’s largest pension funds. DeepSeek’s development has shown Chinese companies can...
Oct 28, 2025 | Markets
Amazon.com Inc. plans to eliminate roughly 14,000 corporate jobs just months after Chief Executive Officer Andy Jassy warned that AI will shrink the company’s workforce. The downsizing marks Amazon’s second round of reductions in recent years. Besides his ongoing war...
Oct 28, 2025 | Markets
United Parcel Service Inc. shares soared after it smashed Wall Street’s profit expectations by cutting costs and eliminating 34,000 jobs this year. The cuts to its permanent operational workforce — a group that includes drivers and package handlers — marked a 70%...
Oct 28, 2025 | Markets
Rogo says its AI platform helps make investment bankers’ work faster and smarter Sequoia Capital is making a bet on the future of Wall Street, leading an investment in Rogo Technologies Inc., a startup developing artificial intelligence tools to make bankers more...
Oct 26, 2025 | Markets
As the company that pioneered the concept of index fund investing and currently has a whopping $11 trillion in assets under management, Vanguard is the ultimate heavyweight in the American stock market. (1) So when the company puts out a report about the future of the...
Oct 25, 2025 | Markets
If your next deli sandwich seems a bit short on lunchmeat, you’re probably not imagining it. Consumer prices for lunchmeats rose 4.2% in September, the largest monthly increase on record, far outpacing the 0.3% rise in broader grocery costs, according to the Bureau of...
