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Bank of America sees stagflation, not recession—and no rate cut this year. It’s because of 2 specific Trump policies
Bank of America Research economists remain convinced that the Federal Reserve will not cut interest rates in 2025, despite a recent wave of disappointing jobs data fueling market speculation of an imminent policy shift. The reason, according to a new...
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America’s F-35 is stealthy in combat but lights up the radar in Trump’s trade war
Jason Ma -
Countries seeking to retaliate against President Donald Trump’s tariffs or security policies have made the F-35 stealth fighter a ripe target.The latest blowback came after Trump’s 39% tariff on Switzerland went into effect on Thursday, prompting lawmakers there to...
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Bureau of Labor Statistics tells the US what’s up with the economy – Trump firing its top official may undercut trust in its data
Thomas A. Stapleford, Associate Professor of History and Liberal Studies, University of Notre Dame -
Many financial and political analysts are trying to assess the impact of President Donald Trump’s decision to fire U.S. Bureau of Labor Statistics Commissioner Erika McEntarfer on Aug. 1, 2025, the same day that an...
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A third of CEOs plan to axe jobs over the next year—and a majority now say they’ll pass on new tariff costs to their...
American CEOs are feeling slightly more confident as they enter the second half of 2025—but not optimistic enough to grow their headcount as they worry about headwinds from President Trump’s tariff plans.The Conference Board released their U.S. CEO Confidence...
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AI-driven layoffs are on the rise as the job market shrinks for recent grads
No more new hires if AI can do the job.That’s what Shopify CEO Tobi Lütke told staff in a memo earlier this year. And he’s not alone.Over at consulting giant McKinsey, thousands of AI agents have been deployed throughout...
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Krispy Kreme terminates McDonald’s partnership due to ‘unsustainable operating costs’ of $28.9 million
Krispy Kreme has officially terminated its much-hyped national partnership with McDonald’s, as CEO Josh Charlesworth said it created “unsustainable operating costs” and led to lease impairment and termination costs of $28.9 million. In other words, not enough donuts made...
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Donald Trump to nominate Stephen Miran to Federal Reserve board
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldDonald Trump has said he will nominate Stephen Miran to temporarily join the Federal Reserve’s board of governors —...
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How Allbirds plans to overcome having started as a fad
In 2021 when Allbirds’ stock went public, the shoemaker could do no wrong. Riding on the popularity of its eco-friendly wool sneakers with Silicon Valley venture capitalists and other tech bros, it had been a sensation since its founding...
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GPT-5 is finally here—can it put OpenAI back on top?
Welcome to Eye on AI! In this edition...OpenAI releases GPT-5 and strikes a $1 government deal. AI homework helpers duke it out. Zoox gets a special exemption.One of the defining truths about the world of generative AI is that...
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TeamDynamix is Recognized as a 2025 Gartner® Peer Insights™ Strong Performer for IT Service Management Platforms
Article contentLow admin overhead, quality of implementation services, and platform agility are consistent drivers of high marks across multiple key industries, including healthcare, financial services, education, and the public sector.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read...
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Hippo capsizes boat in Ivory Coast; 11 people missing, including children and baby
Eleven people, including children and a baby, were missing after a hippopotamus capsized their boat...
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