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    Economy

    167 posts
    • Economy

    Amazon’s Nova AI agent launch puts it up against rivals OpenAI, Anthropic

    • April 1, 2025
    • admin
    Amazon on Monday released a new AI model that can take actions in a web browser on a user’s behalf, a move that puts it in more direct competition with OpenAI, Anthropic and…
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    • Economy

    Trump commutes sentence of Ozy Media founder Carlos Watson

    • March 30, 2025
    • admin
    President Donald Trump commuted the criminal sentence of Ozy Media founder Carlos Watson on Friday, just hours before Watson was due to begin serving a 116-month prison term for a multi-million-dollar scheme that included falsely claiming…
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    • Economy

    Robinhood CEO sees Amazon-like subscription model as path to ‘loyalty’ in financial services

    • March 29, 2025
    • admin
    Robinhood CEO Vlad Tenev is betting that by rolling out a large enough portfolio of digital investment products, more consumers will be willing to pay a monthly subscription for its product…
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    • Economy

    FCC is investigating Disney and ABC for DEI initiatives

    • March 29, 2025
    • admin
    The Federal Communications Commission has alerted the Walt Disney Company and its ABC unit that it will begin an investigation into the diversity, equity and inclusion efforts at the media giant. The FCC,…
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    • Economy

    Lululemon shares drop 15% as CEO says inflation, economic concerns are weighing on spending

    • March 29, 2025
    • admin
    Lululemon beat Wall Street expectations for fiscal fourth-quarter earnings and revenue, but issued 2025 guidance that disappointed analysts. On an Thursday earnings call, CEO Calvin McDonald said the athleticwear company conducted…
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    • Economy

    Trump signs executive order to end collective bargaining at agencies involved with national security

    • March 29, 2025
    • admin
    President Donald Trump moved Thursday to end collective bargaining with federal labor unions in agencies with national security missions across the federal government, citing authority granted him under a 1978 law.…
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    • Economy

    Dollar Tree says it’s winning over higher-income shoppers and may offset tariffs with price hikes

    • March 28, 2025
    • admin
    Dollar Tree said Wednesday that it’s gaining market share with higher-income consumers and could raise prices on some products to offset President Donald Trump’s tariffs. The discount retailer’s CEO, Michael Creedon, said the…
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    • Economy

    Chinese tea chain Chagee files for U.S. initial public offering

    • March 28, 2025
    • admin
    Chinese tea chain Chagee filed for a U.S. initial public offering on Tuesday, seeking to trade on the Nasdaq using the ticker “CHA.” The IPO filing comes as the company…
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    • Economy

    Oil executives bluntly criticize Trump tariffs and ‘drill, baby, drill’ mantra

    • March 28, 2025
    • admin
    Oil executives are warning that President Donald Trump’s tariffs and “drill, baby, drill” message have created uncertainty in energy markets that is already affecting investment. The executives, shielded by anonymity, bluntly…
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    • Economy

    Affirm announces JPMorgan Chase merchants can now offer installment loans at checkout

    • March 27, 2025
    • admin
    Fintech lender Affirm said Tuesday that it’s reached an agreement with JPMorgan Chase to offer its buy now, pay later loan services to merchants on the bank’s payments network. U.S. merchants who use JPMorgan…
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