Business

Fed cuts: ‘Weaker job growth and lower inflation’ could push Powell to reduce interest rates

U.S. markets are closed today for Thanksgiving, but S&P 500 futures were flat this morning after the index closed up 0.69% yesterday, its...

AI is reshaping how Americans shop. Here’s how Target’s top tech leader says the retailer is adapting

Prat Vemana, the chief information and product officer for Target, this week experienced something brand new as a shopper. He bought sleepwear through...

U.S. consumers dial back in sign of anxiety heading Into holidays

US consumers showed signs of fatigue leading up to the longest government shutdown, and their outlook has worsened ever since, sending a note...

One of Suno’s latest investors will be of particular interest to the music industry…

Suno, one of the AI music generation platforms facing legal battles with copyright holders, announced last Wednesday (November 19) that it had raised...

AI rivals like OpenAI, Nvidia, and Oracle are collaborating to build ‘Stargate’—but a Yale expert says it violates 135 years of antitrust law

On the evening of Jan. 21, 2025, President Trump on his first full day in office unveiled what he characterized as a “monumental...

Crypto’s brutal month triggers a stress test for Wall Street

Reversals of fortune are nothing new for Bitcoin diehards — euphoric rallies, then brutal selloffs. They happen every few years, or whenever sentiment...

From Suno’s $2.45bn valuation to Live Nation’s DOJ fight… it’s MBW’s weekly round-up

Welcome to Music Business Worldwide’s Weekly Round-up – where we make sure you caught the five biggest stories to hit our headlines...

Nvidia CEO says the company is in a no-win situation amid AI-bubble chatter, leaked meeting reveals

Nvidia CEO Jensen Huang told employees this week that the company has been pushed into a no-win situation by mounting fears of an...

Southeast Asia needs to ‘think bigger’ if it wants to compete at the same level as the world’s biggest companies

Southeast Asia should be well-placed to thrive in a more geopolitically complex world. The region is rich in natural resources, has a young...
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