Markets flatline amid Trump’s delay on Iran and potential Fed cuts in July
The White House said Thursday evening that President Donald Trump would decide on whether he’d strike Iran within two weeks.
Business
99 Speed Mart’s Southeast Asia 500 debut is the latest milestone for the company and its founder, a childhood polio survivor
99 Speed Mart's founder, Lee Thiam Wah, contracted polio at a young age. He’s been wheelchair-bound for much of his life.
Luxury’s $1.7 trillion headache: The sector lost 50 million customers last year and is struggling with selfie-happy Gen Z
Bain & Co's latest luxury sector report found growth slowed particularly in the personal goods sector last year—the first time in 15 years with the exception of the pandemic.
Past the event horizon? OpenAI’s Sam Altman says so. New AI research backs him up
Researchers from Sakana AI and Google DeepMind have created AI that can improve its own code.
Asian executives are ‘worried about productivity’—and the solution may be giving young workers more say in how things are done
Asian firms can no longer hire their way out of a productivity slump. “There are no more people,” Simon Tate, Workday's Asia president, says.
Unraveling the Allegations Against CoinsPaid: A Deep Dive into Financial Misconduct and Regulatory Evasion
Recent investigative reports by Shana Dovi on Medium have brought to light serious allegations against CoinsPaid, an Austrian crypto payment processor operating under Dream Finance OÜ in Estonia.
State Street bucked the AI trend by ditching outsourcing for in-house operations to cut costs. It’s working, COO says
“It was a big question mark with a lot of our stakeholders,” said Mostapha Tahiri, executive vice president and chief operating officer at State Street.
The Fed holds interest rates steady and forecasts two rate cuts for 2025
Faced with a blurry forecast for the U.S. economy, the Federal Reserve continued its pattern of keeping interest rates at their current levels.
Feds seize $225 million in crypto from crooks who ran giant ‘pig butchering’ operation
This is the U.S. government’s largest-ever seizure of funds connected to crypto confidence scams.
