South Korea’s quarterly GDP contracts for the first time in four years as construction activity plunges
Data from the Bank of Korea showed that the drop was mostly due to a fall in construction, with the…
Category: Economy
British fintech Revolut tops $1 billion in profit as revenue jumps 72%
Digital banking unicorn Revolut said Thursday that net profit for the year ending Dec. 31, 2024, totaled £1.1 billion ($1.5…
Chipotle is seeing a ‘slowdown’ in consumer spending as 2025 gets off to a rough start
Chipotle's same-store sales fell in the first quarter for the first time since 2020. ...
Why gold became the safe haven of choice as U.S. Treasurys and dollar sold off
J.P. Morgan expects the yellow metal to average $3,675 per ounce by the fourth quarter of 2025, and reach $4,000…
Google forcing some remote workers to come back 3 days a week or lose their jobs
Several units within Google have told remote staffers that their roles may be at risk if they don't start showing…
Sam Altman steps down as Oklo board chair, freeing nuclear startup to work with more AI companies
Oklo says its microreactors, called Aurora, have smaller and simpler designs that will range from 15 megawatts to as much…
FDA to phase out dyes used in Flamin’ Hot Cheetos, Skittles and other snacks
The FDA is phasing out the use of petroleum-based synthetic dyes in food and drinks. ...
Warner Bros. Discovery starts Max password sharing crackdown
Priced at $7.99 a month, the friend or family member of the primary account owner gets their own standalone account…
Auto groups lobby Trump administration against parts tariffs in rare unified message
The group – representing franchised dealers, suppliers and nearly all major automakers – say the upcoming levies could jeopardize U.S.…