WASHINGTON, May 17 (Reuters) – President Donald Trump urged the U.S. Federal Reserve in a social media post to reduce interest rates ‘sooner, rather than later.’ Trump also […]
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Costco Introduces ‘Buy Now, Pay Later’ Option for Larger Purchases
Costco has introduced a ‘buy now, pay later’ option in collaboration with Affirm, allowing members to finance purchases between $500 and $17,500. After a real-time eligibility check, customers […]
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REI Anniversary Sale Offers Discounts on Outdoor Gear, Including Garmin Products
REI is hosting its annual anniversary sale, offering discounts of up to 30% on a wide range of outdoor gear. Featured products include Garmin watches, water filters, stoves, […]
Technology
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Coinbase to Reimburse Customers Up to $400 Million Following Data Breach
Cryptocurrency exchange Coinbase has announced plans to reimburse customers up to $400 million following a significant data breach. The breach compromised sensitive customer information, including names, addresses, phone […]
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Swiss Running Brand On Sees $3 Billion Surge in Valuation, Eyes Competing with Nike and Adidas
Swiss running brand On has experienced a remarkable surge in valuation, increasing by $3 billion in just one week. This significant boost positions the company to potentially challenge […]
Economy
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US consumer sentiment sinks to second-lowest level on record
Consumer sentiment in the United States has dropped to the second-lowest level on record, according to recent reports. This decline is largely attributed to rising inflation expectations following […]
Technology
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Nvidia CEO says next chip after H20 for China won’t be from Hopper series
TAIPEI, May 17 (Reuters) – Nvidia is assessing how to address the China market following U.S. government restrictions on sales of its Hopper H20 chip there. However, the […]
Technology
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OpenAI to Anchor One of the World’s Largest Data Centers in UAE
OpenAI is planning to participate in the development of a massive data center in the United Arab Emirates, which could become one of the largest globally. The company, […]
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U.S. Drillers Say Peak Shale Has Arrived
U.S. drillers, which propelled the country to become the world’s top oil producer, are now signaling a slowdown due to low crude prices. Major producers like Diamondback Energy […]
Technology
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Galaxy Digital Achieves Nasdaq Listing After Four-Year Journey
After a four-year, $25 million regulatory journey, Galaxy Digital, an American digital asset investment firm founded by Mike Novogratz, has successfully listed on the Nasdaq Global Select Market. […]