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Top economist warns the U.S. is ‘on the precipice of recession’ — and it will be hard for the Fed to come to the rescue

The shocking jobs report on Friday wasn’t the only red flag. Indicators from the past week paint an overall picture

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Hermès CEO Axel Dumas: Birkin secondhand market surge ‘doesn’t make me feel in a good mood’

Hermès CEO Axel Dumas wants to make one thing clear: There’s only one Birkin bag and one place to get

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What if 10,000 steps per day was never the magic number? Bombshell scientific study says you need far less for health benefits

Are you a step-checker? Do you look at your phone, watch, or other activity tracker a few times a day,

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Intel plans to slash 25,000 jobs in 2025 as new CEO warns ‘there are no more blank checks’

Intel’s CEO Lip-Bu Tan sent a memo to employees Thursday informing them of significant ongoing layoffs and other cost-cutting measures.

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What Eric Xing’s Abu Dhabi project says about the next phase of AI power

Hello and welcome to Eye on AI…In this edition: my chat with AI leader Eric Xing…Trump’s AI export plan…drama at

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What if the Fed cut rates to just 1% like Trump wants? An analyst says it’s ‘ludicrous’ and may scare businesses

Amid the White House’s unrelenting pressure campaign on Federal Reserve Chairman Jerome Powell, President Donald Trump has not only demanded

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Tech layoffs 2025: How Microsoft, Google, and Meta are plotting for the AI era

Six months into 2025, the tech industry has seen thousands of layoffs as giants such as Microsoft, Google, Meta, IBM,

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EU delays retaliatory tariffs on US goods due to hit Monday

The European Union will suspend retaliatory tariffs on U.S. goods scheduled to take effect Monday in hopes of reaching a trade deal

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Century-old American cereal giant Kellogg is turning Italian, selling to Ferrero for $3.1 billion

Italian confectioner Ferrero, known for brands like Nutella and Kinder, is buying the century-old U.S. cereal company WK Kellogg in an effort

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Trump slaps 25% tariffs on Japan and South Korea—and Wall Street stumbles

U.S. stock markets reacted negatively on Monday after President Trump announced via social media that he would unilaterally impose 25%