Treasury Secretary Scott Bessent on Monday confirmed the names of five candidates to replace Jerome Powell as chair of the ...

Amazon's latest cuts fed into anxiety about AI replacing workers. But some are sceptical that recent layoffs are a telling ...

Asian stocks poised higher amid Wall Street's optimism over AI and Fed rate cut expectations. Tech giants, particularly ...

Asian shares got a lift from Wall Street on Wednesday thanks to a fresh wave of optimism over artificial intelligence, as investors braced for a busy day headlined by the Federal Reserve's decision ...

Companies around the globe have ramped up job cuts, with blue-chips from Amazon to Nestle and UPS reining in spending while ...

The retail giant's move to slash 14,000 roles offers an early case of how AI could reshape the workforce – and how that could ...

South Korea’s KOSPI jumped as much as 1.7% to an all-time high of 4,078.99 points. SK Hynix (KS:000660) surged after posting ...

The Federal Reserve is expected to cut its short-term rate Wednesday for the second time this year despite an increasingly cloudy view of the economy it is trying to influence. The data drought ...

AI-driven infrastructure fueling surge in US electricity demand with data centers projected to double energy consumption.

Anchorage Digital Bank, Custodia Bank and Erebor Bank could be among the first recipients of limited, special-purpose payment ...

Also buoying sentiment were bets the Federal Reserve will cut rates on Wednesday, with traders hoping for clarity as to when ...

Asian stock markets surged Wednesday morning, matching record gains on Wall Street the previous day as investor confidence in AI tech and coming interest rate cuts in the United States reaches fever ...