Economy
Is private equity becoming a money trap?
Private Equity Facing Challenges Amidst Market Volatility In recent years, US equity markets have experienced significant growth following the market panic caused by the Covid-19 pandemic. Despite the S&P 500…
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Lasted Economy
Qualcomm strengthens AI portfolio with $2.4 billion Alphawave deal
Qualcomm, a leading U.S. chipmaker, has recently announced its acquisition of Alphawave for approximately $2.4 billion. This strategic move aims…
The demise of the penny?
A recent piece from the OC Register explored a proposal to discontinue the production of pennies: Consumers may find themselves…
Military veterans object to Donald Trump’s intervention in Los Angeles
The decision by President Donald Trump to deploy Marines and National Guard troops to Los Angeles has sparked a wave…
Auto companies ‘in full panic’ over rare-earths bottleneck
The global automotive industry is currently facing a crisis as a shortage of rare-earth magnets, essential components in car manufacturing,…
Apple to give app developers access to its artificial intelligence models
Apple made a significant announcement at its annual developer event by allowing millions of app developers to access its artificial…
Interest rates on home equity lines of credit are unchanged
HELOC interest rates remained steady on Monday after experiencing a significant increase the day before. A recent survey conducted by…
OpenAI’s expected subscription revenue doubles to $10bn
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…
Best CD rates today, June 9, 2025 (Lock in up to 4.2% APY)
If you’re in the market for a certificate of deposit (CD), now may be the perfect time to lock in…