22.1 C
Miami
Wednesday, April 8, 2026

Top Topics

Trump agrees 2-week ceasefire, says Iran has proposed a ‘workable’ 10-point peace plan | Fortune

U.S. President Donald Trump said late Tuesday he’s pulling back on his threats to launch devastating strikes on Iran, swerving to deescalate the war less than two hours before the deadline he set for Tehran to capitulate or else...

Supermicro launches probe after co-founder’s arrest on charges of $2.5 billion in chip smuggling | Fortune

Two Supermicro board members are spearheading an internal investigation following a federal indictment alleging one of the company’s cofounders orchestrated the routing of $2.5 billion in servers packed with Nvidia’s highly prized GPUs to China, in violation of export...

2 years ago, Saudi Arabia quietly canceled the ‘petrodollar’ deal with America that wired the world economy for 50 years. Then war broke out...

The gold standard may have ended in the early 1970s, but something else quietly took its place for the next 50 years: oil. The so-called  “petrodollar” system wasn’t well understood for most of this time, but a secret deal...

Trump, the $39 trillion national debt, rosy growth assumptions and the question of ‘a sustainable path’ | Fortune

President Trump’s fiscal year 2027 budget is built on a single, load-bearing bet: that the U.S. economy can grow at 3% annually for the next decade. The White House says that growth will flood federal coffers with new tax...

Hosting the NFL draft is less about weekend beer sales and more about long-term brand value

When the NFL draft arrives in Pittsburgh in April 2026, city officials are sure to tout projected economic impact figures. They will likely point to the US$73 million generated by Green Bay, Wisconsin, and the...

Citi sets aggressive targets for bankers in wealth management unit

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Citigroup has ratcheted up performance targets for its private bankers, setting goals that some fear are unachievable as the lender seeks...

Delta’s CEO says AI’s biggest opportunity in aviation isn’t inside the plane—it’s air traffic control | Fortune

Delta CEO Ed Bastian doesn’t think AI will drastically change the flying experience, but it may improve it by tackling one of the biggest problems facing airlines.Air traffic control, Bastian noted, is ripe for innovation and could be the...

Jeff Bezos’s new lab hires xAI co-founder from OpenAI

Stay informed with free updatesSimply sign up to the Artificial intelligence myFT Digest -- delivered directly to your inbox.A company owned by Jeff Bezos has poached an xAI co-founder from a role at OpenAI, as the tech billionaire’s secretive...

Associated Press starts offering buyouts to newspaper journalists amid wider AI transformation | Fortune

The Associated Press, one of the world’s oldest and most influential news organizations, said Monday it is offering buyouts to an unspecified number of its U.S.-based journalists as part of an acceleration away from the focus on newspapers and...

AI is cutting 16,000 U.S. jobs a month — and Gen Z is taking the brunt, Goldman Sachs says | Fortune

New research by Goldman Sachs economists finds that AI is already a measurable drag on the U.S. job market — erasing roughly 16,000 net jobs per month over the past year, with the pain falling hardest on Gen Z...
- Advertisement -spot_img

Latest News

As Pakistan acted as an intermediatry between the US and Iran, an agreement was far from certain, despite small signs of hope from Pakistan

Pakistan has a historic relationship with Iran, but an agreement was far from certain, writes the BBC’s Caroline Davies Source...
- Advertisement -spot_img
- Advertisement -spot_img