Inflation Numbers Are Looking Too Good to Trust
The year starts with a positive surprise, but markets refrain from glee....
1dBloombergeconomics
The year starts with a positive surprise, but markets refrain from glee....
Bitcoin’s rally drew fuel from short covering as steady inflation data and the start of earnings season reinforced trader expectations....
Canada and China appear ready to kick-start trade talks after years of strained relations, with Canadian Prime Minister Mark Carney’s visit to Beijing this week coinciding with both countries question...
Around 10 percent of Meta's Reality Labs division, which develops its XR products and services, will be laid off beginning on Tuesday, as reported by Bloomberg . Meta spokesperson Tracy Clayton confir...
Xreal is filing against competitor Viture, which also makes AR glasses. You know a gadget category is starting to go mainstream when patent lawsuits start cropping up. Today, Xreal filed a lawsuit in ...
Crypto majors are mostly flat headed into Monday open; btc even at $90,600; eth +1% at $3,110, sol +2% at $140; xrp -2% to $2.04. Ip (+20%) and xmr (+15%) led top movers; xmr hit a new ath at $590. Fe...
Getty Images; Tyler Le/BI In-house legal teams are moving faster with artificial intelligence. Teams now have access to tools that draft legal documents and compare terms across deals. The efficiency ...
British Airways announced a deal with Starlink in November. Courtesy of British Airways Lufthansa is the latest airline to sign up for Elon Musk's Starlink WiFi. 31 carriers have announced deals for t...
Nike released the ReactX Rejuven8 in early 2025. Sheldon Cooper/SOPA Images/LightRocket via Getty Images Nike was the fastest-growing shoe brand on StockX in 2025. It wasn't a sneaker that fueled a 5,...
Active AI users got promoted more quickly at Cisco, the company found. David Espejo/Getty Images Cisco said that employees recommended for promotion used AI more often than those who weren't recommend...
Ford can't find enough mechanics to service its new cars. It's trying to create a pipeline of young workers with Carhartt. Anna Moneymaker/Getty Images Ford and Carhartt entered into a three-pronged p...
Saks Global, which owns the iconic Saks Fifth Avenue department store, has filed for bankruptcy. Jimin Kim / SOPA Images/Reuters Saks Global has filed for Chapter 11 bankruptcy protection. The luxury ...
Irem Sumer is the CEO and cofounder of Talemonster Games. Talemonster Games Talemonster Games raised $30 million in Series A funding led by Arcadia and Andreessen Horowitz. CEO Irem Sumer and her team...
Scalpers are already reselling their LEGO Pokémon set pre-orders on eBay, with numerous instances of the limited edition Kanto Region Badge Collection having been sold on for hundreds of dollars in pr...
An internal product strategy document outlined Grindr's plans to expand its direct-to-consumer businesses. Spencer Platt/Getty Images Grindr aims to establish four successful direct-to-consumer busine...
Andreessen Horowitz partner Alex Rampell said he likes founders with a chip on their shoulder. Charles Eshelman/Getty Images for AOL A16z general partner Alex Rampell said founders need to materialize...
Department stores, then and now. Bettmann/Getty Images ; Kamil Krzaczynski/Getty Images Department stores have changed dramatically over the last 100 years. Department stores once sold necessities. No...
It’s been about a year since AMD and Nvidia released the Radeon RX 9070 XT and GeForce RTX 5090 , respectively, and this would usually mean that gaming PC prices would start to normalize a bit. And wh...
Tesla CEO Elon Musk unveils the Cybertruck at an event in 2019. FREDERIC J. BROWN/AFP via Getty Images Things are not looking great for Elon Musk's Cybertruck. Tesla sold just over 20,000 of the "...
Middle managers are taking on more direct reports after the "Great Flattening." dowell/Getty Images The average number of reports for managers is increasing as the "Great Flattening" p...