GTA VI's Fall 2026 Launch Expected to Disrupt Workplace Productivity
GTA VI's autumn 2026 release with a $1.5B budget is projected to cause widespread work disruptions and cost the US economy over $1 billion as players take time off.
economy
Economy & Finance
Markets await clarity on Fed policy as Kevin Warsh heads to Jackson Hole amid pressure from Treasury Secretary Bessent's market interventions and uncertainty over inflation stance.
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Coverage (10492 articles)
Volkswagen CEO warns of sweeping layoffs as automaker confronts EV transition
Volkswagen's CEO warns of sweeping layoffs affecting tens of thousands as the automaker confronts industry shifts driven by electrification, AI, and autonomous vehicles.
O jantar do CEO da Nvidia como indicador improvável de Wall Street
Análise sobre como os jantares do CEO da Nvidia funcionam como indicador improvável para prever movimentos do mercado de tecnologia e ações.
Jackson Hole: la Fed en el foco mientras inversores esperan señales sobre la economía estadounidense
La reunión anual de Jackson Hole centra la atención en la salud económica estadounidense, con el presidente de la Fed enfrentándose a su primer gran examen en este foro sin la presencia de Lagarde.
EIB approves €9.2bn financing package for EU competitiveness and energy autonomy
The European Investment Bank approved €9.2 billion in financing to strengthen European competitiveness, accelerate energy transition, and deepen global partnerships, with nearly half directed to SMEs across nine EU countries.
Woolworths exits Tasmanian beef by 2027 citing logistics costs
Woolworths will cease buying Tasmanian beef from 2027, citing rising production and shipping costs. The decision impacts local cattle farmers who relied on the supermarket contract for market security.
Tesla's 29% Decline Masks Persistent Valuation Extremes at 330x Earnings
Tesla's 29% stock decline from its 52-week high still leaves shares trading at 330x earnings, with falling profitability and negative free cash flow raising questions about valuation sustainability.
Zetrix AI plunges 50% to limit down as Bursa suspends short-selling
Zetrix AI Bhd's stock crashed over 50% to 29.5 sen in morning trading, triggering a limit-down halt and suspension of intraday short-selling by Bursa Securities despite recent strong earnings.
Singclean Summit Convenes Global Aesthetic Leaders to Advance Dermal Filler Standards
Singclean's 2nd International Medical Aesthetic Leaders Summit in Shanghai concluded with expert presentations on dermal filler techniques, standardization, and raw material quality for aesthetic procedures.
Sandisk's AI-Driven Rally May Be Just Beginning Despite 3,110% Surge
Sandisk stock has surged over 3,000% following its spinoff from Western Digital, driven by AI hyperscaler demand for high-speed storage. Analysts argue the stock remains undervalued relative to its growth trajectory and $93.9 billion in committed contracts.
Gold Retreats Ahead of Fed Chief Warsh's Jackson Hole Speech
Gold prices are slipping as markets await Federal Reserve Chair Warsh's speech at Jackson Hole, with investors positioning ahead of potential policy signals.
SunTrust Bank Nigeria Marks 10 Years With Recapitalization, Tech Push
SunTrust Bank Nigeria celebrates its 10th anniversary following successful recapitalization, positioning itself to deepen technology investments and expand digital banking services across retail and corporate segments.
Tokyo inflation accelerates, strengthening case for BOJ rate hike
Tokyo's consumer price index excluding fresh food rose 1.8% in August, accelerating for a third consecutive month and strengthening the case for a Bank of Japan interest-rate increase.
Private credit firm CVS Lane suspends investor redemptions amid Bathla collapse
CVS Lane, a private lender with $2.1 billion under management, has suspended investor redemptions after exposure to collapsed Sydney developer Bathla Group. The move signals intensifying stress across Australia's private credit sector.
Semtech Stock Soars 15% on Blowout Q2 Earnings and Accelerating Guidance
Semtech's Q2 results exceeded analyst expectations with record $342M revenue and 89% adjusted net income growth, driving a 15% stock price increase.
NZ shares hit record high as earnings season delivers solid results
New Zealand's S&P/NZX50 index broke through 14,000 points for the first time, buoyed by a generally positive company reporting season and four consecutive weeks of gains.
Laser-wielding mosquito killer launches at $988, targets West Nile threat
A laser-based mosquito elimination device is now available for preorder at $988, targeting backyard pest control amid rising West Nile virus concerns in California.
Nigeria's Banking Liquidity Surges N1.94tn, Easing Interbank Rates
Nigeria's banking system liquidity jumped 35.53% to N7.40tn, driven by coupon inflows and CBN placements, causing overnight interbank rates to decline to 22.12%.
Amanda Seyfried lists $4.4M LA home as she commits to upstate farm life
Mean Girls star Amanda Seyfried is selling her $4.4M Los Angeles home after 15 years, doubling her 2011 purchase price as she commits to full-time farm living in upstate New York for mental health reasons.
Adobe Expands Photoshop With Beta AI Assistant, Preserving Layers and Brand Assets
Adobe has introduced a beta AI Assisted Editor and new editing tools for Photoshop, including natural-language image editing, mask-aware AI changes, and improved workflow controls while preserving layers and brand assets.
Wall Street's Confidence in Bessent and Warsh Erodes Amid Economic Concerns
Financial markets are losing faith in Treasury Secretary Scott Bessent and Federal Reserve leadership under Kevin Warsh, signaling a potential credibility crisis for economic policymakers.
McEwen Copper aseguró u$s 240 millones y postergó FID de Los Azules a mediados de 2027
McEwen Copper cerró un préstamo de u$s 240 millones para el proyecto Los Azules en San Juan y corrió la Decisión Final de Inversión a mediados de 2027, seis meses más tarde que lo anunciado previamente.
Dólar sube a 670 pesos y euro retrocede en cierre del mercado informal cubano
El mercado informal de divisas en Cuba cerró el 27 de agosto con el dólar en 670 pesos y el euro en 756, ampliando la brecha con las tasas oficiales del Banco Central.
Three men arrested in Virginia child exploitation sting released on bond
Three men arrested in a Fairfax County child exploitation sting were released on bond. DHS confirmed the suspects are undocumented immigrants with prior criminal histories.