At 96 years old, Hong Kong billionaire Li Ka-shing has executed one of his most ambitious deals to date. Facing pressure from the Trump administration over CK Hutchison […]
Technology
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The Return of Digg, a Star of Web 2.0
In the summer of 2005, Alexis Ohanian, a tech entrepreneur, sent an email to his colleague Steve Huffman with the subject line: “Meet the enemy.” The email contained […]
Economy
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Tariffs to spike prices on produce, electronics, gas and toys — with some hikes this week
Consumers are set to encounter higher prices at checkout counters for a variety of goods, including avocados, electronics, gasoline, and toys. These increases are due to new tariffs […]
Economy
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Wall Street fears Trump tariffs could destabilize the faltering economy
Stock markets experienced volatility as President Donald Trump imposed tariffs on major U.S. trading partners, raising concerns about economic growth and inflation. The Dow Jones Industrial Average dropped […]
Technology
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Digg is coming back, thanks to its founder — and Reddit’s
Last fall, Kevin Rose revisited the idea of reviving Digg, a once-popular social link-sharing site. After discussions with a group of collaborators including Reddit co-founder Alexis Ohanian, they […]
Economy
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China ramps up stimulus to guard economy from changes ‘unseen in a century’
BEIJING (Reuters) – China announced additional fiscal stimulus on Wednesday, focusing on boosting consumption and mitigating the effects of an escalating trade war with the United States. Premier […]
Banks
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New Zealand Central Reserve Bank Governor Orr Resigns Unexpectedly
In a surprising turn of events, Reserve Bank of New Zealand Governor Adrian Orr has announced his resignation without providing a reason for his abrupt exit. The announcement […]
Economy
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‘He Finally Shot the Hostage’: Trump’s Trade War Is a Brutal Reality Check
President Trump’s trade war has become a harsh reality for investors and the economy. Despite frequent tariff threats during his campaign and after his election, many were uncertain […]