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Companies Step Up Job Cuts Amid Uncertain Economy
U.S. companies across multiple sectors are intensifying job cuts this year, extending a trend of workforce reductions from 2024, as they prioritize cost savings and operational streamlining amid a challenging economic environment.
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Investors Controlling $11.5T Push Food Industry to Shift From Meat
Investors managing $11.5 trillion in assets are calling on major food companies and retailers to diversify into more plant-based protein sources to enhance supply chain resiliency and mitigate food security risks.
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Quantum Computing Stocks Jump on Report of US Stake
Shares in U.S. quantum computing firms surged in premarket trading Thursday after The Wall Street Journal reported President Donald Trump's administration is in talks to take equity stakes in exchange for federal funding.
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Trump Admin Weighs Stakes in Quantum-Computing Firms
U.S. President Donald Trump's administration is in talks with several quantum-computing companies to take equity stakes in exchange for federal funding, The Wall Street Journal reports.
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AI: Intellectual Enabler or Outright Threat?
Although AI and humans truly "think" differently, rather than viewing this a tradeoff between one form of intelligence and another, we should instead regard each as mutually advantageous enabler. We should not lose sight of its limitations.
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Gen Z Just Outsmarted Car Dealers - And They're Using AI to Do It
There's a new dynamic shaking up the auto industry, and car dealerships aren't thrilled about it. Generation Z -- the most digital generation yet -- isn't walking into showrooms unprepared.
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US Regional Banks' Earnings to Test Investor Nerves
After a turbulent week in which some regional U.S. banks flagged bad loan and fraud issues, investors are now awaiting for more earnings reports from the lenders to check for signs of a wider strain across the sector.
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US Regional Banks Face More Stress, Morningstar Says
U.S. regional banks are showing increasing signs of stress even after they stockpiled more money to absorb credit losses and sought out more stable deposits since the 2023 banking crisis, according to a Morningstar report published Friday.
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Bank Stocks Tumble on US Lender Jitters
Tumbling bank shares pulled global stocks lower Friday, while gold hit a fresh peak, as signs of credit stress at U.S. regional lenders unnerved investors and drove them into safe-haven assets.
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Higher Ed's New Test: Proving the Value of a Degree
For a generation of young Americans, choosing where to go to college - or whether to go at all - has become a complex calculation of costs and benefits that often revolves around a single question: Is the degree worth its price?
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Wall Street Sees Major Jump in Profits
Wall Street had one of its most profitable quarters ever, if the earnings from four of nation's biggest banks that reported Tuesday are to be believed; as the companies were helped by a flurry of deal making, soaring stock prices and a global economy that remains resilient...
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Corporate Profits: A Reading Without Rose-Tinted Glasses
If you want to understand where we are in the cycle, skip the noise and follow profits. Corporate profits are the lifeblood of investment, hiring, and market returns.
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Gallup Poll: Americans' Trust in Media at Record Low
Mainstream media approval among Americans across party lines has sunk to a record low, according to a Gallup poll released Thursday.
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Universal, Warner Nearing AI Music Licensing Deals
Universal Music and Warner Music are nearing landmark artificial intelligence licensing deals, The Financial Times reported Thursday, citing people familiar with the matter.
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Car Execs Fear a Collapse in EV Sales as US Tax Subsidy Vanishes
Automotive executives are bracing for a freefall in U.S. electric-vehicle sales following the disappearance of a critical $7,500 tax break for buyers.
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US Auto Sales Set to Rise 6% in Third Quarter
U.S. auto sales are expected to rise about 6% in the third quarter from a year ago, as consumers were seen pulling forward their electric vehicle purchases before the end of certain tax credits, while demand for SUVs and crossovers remained steady.
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Fuel Emissions Freedom Act Could Save US Auto Industry
House Bill H.R. 4117, the Fuel Emissions Freedom Act, first introduced on June 24, 2025, is shaking up debate across the automotive world.
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Big Pharma Stocks Rise on Latest Trump Tariff Plan
Shares of some big drugmakers jumped ahead of broader indexes Friday as Wall Street started sorting out President Donald Trump's latest tariff announcement.
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Wayfair, Williams-Sonoma Shares Slide on New Tariffs
Shares of U.S. furniture companies, including Williams-Sonoma and Wayfair, fell Friday after President Donald Trump unveiled fresh import tariffs targeting kitchen cabinets, bathroom vanities and upholstered furniture.
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US to Mandate 1:1 Ratio of Domestic to Imported Chips
The U.S. is planning to ask chip companies to manufacture the same number of semiconductors domestically as their customers import from overseas producers, The Wall Street Journal reported Friday.
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'ChatGPT, What Stocks Should I Buy?': AI Fuels Robo-Advisory Boom
As ChatGPT nears its third birthday, at least one in 10 retail investors is using a chatbot to pick stocks, fueling a boom in the robo-advisory market, but even fans say it is a high-risk strategy that cannot replace traditional advisors just yet.
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Needham: Disney Should Scrap ABC, Stream Content
Walt Disney should shut down the ABC network rather than sell it and transfer the channel's content to its streaming platforms to lower regulatory risks and unlock higher valuation, brokerage Needham wrote in a client note Tuesday.
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Luxury Brands Woo Gen Z With Playful, Classic Styles
Fleur Arbel and Christophe Kairouz, both from France, were lured into Louis Vuitton's New York flagship recently by a colorful sculpture of a monogrammed giraffe and ostrich above the store's entrance.But the two 24-year-olds are more likely to spend their shopping dollars...
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FCC Chair Wields Old Powers in New Ways to Rein in Media
Top U.S. media regulator Brendan Carr has sparked outrage and calls for his resignation from Democratic lawmakers and other critics after he pressured Walt Disney to stop running a late-night talk show.
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Global EV Sales Growth Slows to 15% in August
Global sales of fully electric and plug-in hybrid vehicles grew 15% in August from a year ago, marking the slowest rate since January and reflecting tougher comparatives, market research firm Rho Motion said Friday.