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Jerome Powell says the Fed can afford to ‘wait and see’ before cutting rates. Other economists aren’t so sure
“Look at the state of the economy,” he said. “The labor work…
Jennifer Lopez and Ben Affleck are poised to lose money on the sale of their $60 million Beverly Hills home thanks to the mansion tax
Jennifer Lopez and Ben Affleck are losing more than each other in…
LVMH’s U.S. CEO is glad ‘pretty annoying’ quiet luxury trend has died
Driven by social media engagement, the 'quiet luxury' craze referred to a…
Florida leads the nation in identity theft reports
Identity theft was on the rise last year, but nowhere so much…
As AI infrastructure booms in Phoenix, Arizona’s Route 66 towns offer a sharp lesson in tech disruption—and survival
Welcome to Eye on AI! In today’s edition: Apple eyes AI-powered Safari…
Instacart boss Fidji Simo was the first member of her family to graduate from high school. Sam Altman just carved out a brand-new ‘CEO’ role for her at OpenAI
Simo will transition from her top job at Instacart "over the next…
It’s the norm for the Fed chairman and U.S. president to have a meeting—Powell says he’s never asked for a sit-down and ‘never will’
While the meeting between an incoming president a Fed boss isn't always…
Let them eat cake! French bakeries are protesting because opening on May 1 is (possibly) against the law
Knowing if you can open your business on a public holiday should…
Sea rebrands its fintech arm to Monee, a ‘cute’ name for an increasingly important business
The tech giant’s fintech division, formerly known as “SeaMoney”, will now get…
Bank of England cuts rates again, citing Trump tariff tensions and slower growth
The Bank of England on Thursday cut its key interest rate by…
