Finance
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AI-driven layoffs are on the rise as the job market shrinks for recent grads
No more new hires if AI can do the job. That’s what Shopify CEO Tobi Lütke told staff in a…
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Indonesian growth unexpectedly jumps 5.12%, defying weak lending
Indonesia’s second-quarter growth unexpectedly accelerated to the fastest pace in two years, with exports and investment helping an economy that’s…
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Everyone’s watching Jerome Powell as warnings flash for the U.S. economy
A surprisingly weak July employment report has intensified expectations that the Federal Reserve will resume cutting interest rates as soon…
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Ghislaine Maxwell holds out for immunity in exchange for testimony to Congress
Ghislaine Maxwell, the imprisoned former girlfriend of disgraced financier Jeffrey Epstein, is open to answering questions from Congress — but only…
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US health, tech officials to launch data-sharing plan
Top Trump administration health officials are expected to bring tech companies to the White House this week to roll out…
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Elon Musk says Tesla will start adding vehicles it doesn’t own into its robotaxi network next year
Owners of Tesla cars will be able to add their vehicles to the company’s robotaxi network sometime next year, Elon…
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Life atop China’s car market starting to look shaky for BYD
Life at the top is proving complex for China’s leading automaker, and there are fresh challenges on the horizon. BYD…
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Amazon’s AWS has joined the AI agent craze. Now the real work of showing Fortune 500 companies how to actually use them begins
Amazon Web Services joined the agentic AI frenzy in a big way this week, revealing at a New York City…
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Amazon’s Prime Day recap missing usual key metric
Every year, Amazon holds a “record” Prime Day, and every year the company boasts about the performance of the annual…
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OpenAI’s $3 billion deal with AI coding startup Windsurf collapses, as Google swoops in for licensing deal
Google has struck a licensing deal with coding startup Windsurf, upending OpenAI’s $3 billion offer to acquire the startup after…
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