Inflation cooled in November to 2.7%
Inflation slowed in November, a welcome change for Americans weighed down by the persistently excessive value of residing. The Consumer Price Index measured 2.7% from a 12 months earlier, after…
Trump’s social media business is merging with a nuclear fusion company
Truth Social father or mother company Trump Media & Technology Group introduced a deal on Thursday to merge with nuclear fusion company TAE Technologies. The surprise merger drove shares of…
Crypto’s slump may be a cultural problem as much as a financial one
A model of this story appeared in NCS Business’ Nightcap publication. To get it in your inbox, join free here. New York — Crypto managed to make it by the…
Microsoft president Brad Smith on UAE investments
Microsoft is increasing its AI and cloud infrastructure within the UAE with a $15 billion funding. In the most recent episode of “Intelligent Future,” NCS’s Becky Anderson speaks with the…
The surprising truth about AI’s impact on jobs
New York — Many employees worry synthetic intelligence is coming for his or her jobs, an concept bolstered by warnings from AI leaders and anecdotes from a current Federal Reserve…
Target wants to revive ‘Tar-zhay.’ It just debuted a preview of that in New York
New York — Target hopes that a recapturing of its cultural cachet will spark a turnaround for its enterprise. It’s turning to a fashion-forward New York neighborhood to get began.…
The Oscars will abandon broadcast TV for YouTube starting in 2029
The Oscars telecast will transfer from broadcasting to streaming in 2029, switching from ABC to YouTube — a watershed second for the leisure enterprise. The Academy of Motion Picture Arts…
Peter Arnett: Pulitzer Prize-winning correspondent, who reported from Vietnam and Gulf War, has died
Los Angeles AP — Peter Arnett, the Pulitzer Prize-winning reporter who spent many years dodging bullets and bombs to deliver the world eyewitness accounts of struggle from the rice paddies…
LinkedIn ‘Wrapped’ is reminding people just how crummy the job market is
It’s been a tough 12 months for job seekers. The last item they needed was a Spotify Wrapped-style reminder of that. They obtained one anyway, when LinkedIn launched an inaugural…
‘Never been done before’: What to know about Europe’s controversial plan to use Russia’s frozen assets
By Lauren Kent, Olesya Dmitracova, NCS (NCS) — The European Union is on the precipice of a momentous choice on whether or not to use frozen Russian assets to finance…