The central bank is bracing for President Trump’s tariffs to dent growth while stoking inflation, keeping interest rate cuts at bay for now.
Month: May 2025
Here’s the latest.
Many of the suggested cuts, which would require congressional approval, target federal programs that benefit the poor.
For the U.S. and China, the Only Talking Is About Whether to Talk
The standoff over terms of negotiations, and whether they are happening, signals that a protracted economic fight lies ahead.
Amazon’s Mixed Earnings Report Sends Share Prices Down
The company reported overall mixed results, sending share prices down in after-hours trading.
Far-Right AfD Is Labeled Extremist by Germany’s Intelligence Agency
The designation is certain to inflame debates over whether the party should be banned, though some polls show it to be the most popular in […]
Why Apple Warned About a $900 Million Tariff Hit
The iPhone maker warned that it may take a $900 million hit from President Trump’s levies, showing that even powerful companies aren’t immune from the […]
Spotify Paid $100 Million to Podcasters as Creator Wars Heat Up
The audio platform has branched out to video and has given its podcasters a raise as the war for creator talent heats up.
The Dangers of A.I. Flattery + Kevin Meets the Orb + Group Chat Chat
“A.I.s are getting more persuasive and they are learning how to manipulate human behavior.”