This is an excerpt from Dollar Scholar, the Money newsletter where news editor Julia Glum teaches you the modern money lessons you NEED to know. Don’t miss the next issue! Sign up at money.com/subscribe and join our community of 160,000+ Scholars. In Money’s Slack workspace, which dates back to 2019, the word “tariff” has been […]
The tech layoff wave is still kicking in 2025. Last year saw more than 150,000 job cuts across 549 companies, according to independent layoffs tracker Layoffs.fyi. So far this year, more than 22,000 workers have been the victim of reductions across the tech industry, with a staggering 16,084 cuts taking place in February alone. We’re […]
Donald Trump has accidentally called toy firm Mattel a country while threatening further tariffs. The US president misspoke when saying tariffs are “misunderstood” in business. He cited Mattel, which is famous for making Barbie dolls, as an example of a country thinking about counter-tariffs. His comments came as the UK and US agreed a tariff […]
Google and nuclear site developer Elementl Power announced this week that they will work together on three sites for advanced nuclear reactors. The tech company has been rushing to lock up energy sources as its AI ambitions drive growing power demands at its data centers. This year alone, Google plans to spend $75 billion building […]
Google made several headlines related to artificial intelligence (AI) this week. And, despite the stock’s performance, not all were negative. Of course, the news of search losing preference to AI chatbots like ChatGPT amongst iPhone users grabbed the top story, and the Department of Justice continues to look into antitrust measures against the company’s ad tech […]
Anbarasan Ethirajan South Asia Regional Editor AFP via Getty Images Anti-India protests took place in Pakistan’s capital, Islamabad, on Friday As the continuing India-Pakistan crisis takes a dangerous turn, nations around the world are urging calm. The initial thinking was that after India launched air strikes, and with Pakistan claiming to have shot down several […]
The state of the technology sector has been volatile, to say the least. President Trump’s recent rollout of trade tariffs has spread uncertainty in the broader financial markets, making it harder for companies to implement their budget plans and new order schedules. However, a new development in these tariff rollouts might help some in the chipmaking […]
My favorite place to wake up is in a sleeping bag, which is good because I tend to wake up a lot when sleeping in a sleeping bag. It’s not the bag, it’s the pad underneath me. I’ve tried them all (it’s part of my job), and while some are definitely better than others, I’ve […]
Meta Platforms NASDAQ: META rewarded investors with another strong post-earnings gain on May 1. Shares rose over 4% after the release, and the company’s results extended its streak of beating expectations. Meta has now beaten Wall Street’s sales estimates for 11 straight quarters. Meta Platforms Today $593.18 -4.83 (-0.81%) As of 10:37 AM Eastern 52-Week Range […]
Laura Bicker China Correspondent Reuters Chinese President Xi Jinping and his Russian counterpart Vladimir Putin make it look like they’re the best of friends. Xi took his place at the right-hand side of Putin, the position of a steadfast ally, as their troops marched together on Red Square as part of Moscow’s Victory Day parade. […]