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Dollar near two-week high as Warsh boosts rate-hike bets; yen hovers near 160
The US dollar reached a two-week high and its largest gain in four weeks after comments from Kevin Warsh increased market expectat
topicPeterson Institute's Posen: It's fine for the Fed not to give forward guidance, but a forecast is critical
The Federal Reserve is signaling a reduction in forward guidance, a move that creates uncertainty for equity valuations and market
topicThe official jobless rate has been falling. But the number of 'functionally unemployed' is climbing
The official US jobless rate has been declining, but the number of 'functionally unemployed' individuals is increasing. According
topicThis MyChart Scam Doesn’t Exploit a Security Flaw. It Preys on Patient Trust
A phishing scam targeting MyChart patients is preying on trust, not exploiting a security flaw. The scam involves fake emails that
topicBessent expects new US secondary sanctions weekly, aiming to increase pressure on Iran
The US plans to impose new secondary sanctions on Iran weekly, focusing on its banking sector, to increase economic pressure. US T
topicSony accuses Anthropic of 'brazen campaign' to train Claude on its music
Sony Music Publishing and Warner Chappell Music have sued Anthropic, alleging a 'brazen campaign' of intellectual property theft b
topicSteak ’n Shake: The Midwestern Burger Chain That’s Going Full MAGA
Steak 'n Shake, a Midwestern burger chain, has seen a significant boost in sales after adopting Bitcoin payments. The company has
topicChina’s Official Activity Gauges Hint at Impending Turnaround
China's factory activity has contracted for the second straight month but at a slower pace than expected, with gauges suggesting a
10 Gadgets Under $100 That Deserve A Spot In Your Home Office
Remote workers are upgrading their home offices with gadgets under $100, including elevated desks, space-saving PC upgrades, and e
topicMicrosoft, Palantir Lead Five Stocks Near Buy Points In Hot Sector
Microsoft's stock has gained 14% in a month, sparking debate on whether to take profits or buy more. The company's AI businesses a
topicNational Buffalo Chicken Wing Festival celebrates 25 years
The National Buffalo Chicken Wing Festival is marking its 25th anniversary with dozens of new flavors to sample and a celebration
topicMeta's AI Infrastructure: Mispriced, Misread, and Massive
Meta's AI infrastructure is being reevaluated by analysts, with one seeing a $22 billion AI business. The company's stock has drop
topicSocial Security recipients could get $200 a month ‘Bernie Bump:’ Who qualifies for more money??
A proposed change to Social Security's cost-of-living adjustment (COLA) formula, dubbed the 'Bernie Bump,' could give eligible rec
topicToyota’s Updated 2027 Land Cruiser 300 Drops Gas V6 For Its Most Powerful Setup Yet
The 2027 Toyota Land Cruiser 300 is dropping its gas V6 engine for a more powerful hybrid setup. According to multiple sources, th
topicBond Investors Wary After Warsh Fans Wager Fed Poised to Hike
Bond investors are growing cautious as Federal Reserve Chairman Kevin Warsh's recent comments have fueled speculation about an imm
topicBessent says yen moves 'pretty contained' and not disorderly
US Treasury Secretary Scott Bessent stated that the yen's recent decline is 'pretty contained' and not disorderly, signaling that
topicSecurity News This Week: The Cybersecurity Apocalypse Is Coming in ‘Months,’ AI Giants Warn
Major tech companies, including OpenAI, Google, and Microsoft, are warning that a cyber apocalypse driven by AI-powered threats is
topicDiscount gas stations praised by Trump sold $4m of stolen fuel, lawsuit claims
A lawsuit alleges that Freedom Fuel gas stations, praised by Trump for their low prices, sold around $4 million worth of stolen fu
topicAI hyperscalers issuing a flood of bonds are 'reverse crowding out' the Treasury as US debt soars
The surge in bond issuances by AI hyperscalers is competing with the US Treasury for capital, potentially driving up yields. This
topicBig Tech profits get $160bn boost from gains on stakes in other AI companies
Big Tech companies have seen a $160 billion boost to their profits from gains on their stakes in other AI companies. This increase
topicHow Salesforce Is Overhauling the Way It Charges for AI
Salesforce is shifting its AI pricing model to a usage-based approach, blending subscription fees with outcome-based pricing. This
topicSK Hynix CEO says Indiana will be key memory production base by 2030, first U.S. facility now underway
SK Hynix has started construction on a US$4 billion high bandwidth memory packaging facility in Indiana. This first U.S. productio
topicTampa airport axes plan to staff TSA checkpoints with private workforce
Tampa International Airport will maintain federal TSA screening after the TSA scrapped its Gold+ privatized airport screening prog
topicWith Shoppers Wary of Illness, Farmers Destroy Millions of Heads of Lettuce
A massive cyclosporiasis outbreak linked to recalled iceberg lettuce has expanded to 20 states, causing over 11,000 illnesses. The