Investors have warned the U.S. economy is reaching “correction territory.” Read More
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Alibaba releases AI model that reads emotions to take on OpenAI
Alibaba, locked in a price war for customers in China, is asking for no fee and letting everyone make use…
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Who will Trump’s trade war hit next? Fears of a ‘tariff cascade’ threaten global trade as U.S. allies gripe about ‘economic self-harm’
Governments around the world are wondering what else is coming—and which country might get hit with a White House tariff…
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Exclusive: Peer-to-peer clothing rental marketplace Pickle raises $12 million to become the Airbnb of fashion
Influencers and others turn to the service as a way to monetize their closets. Read More
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Zara parent Inditex’s shares plunge 8% after a slow start to the year with reluctant shoppers and market uncertainty
Morningstar equity analyst Jelena Sokolova said it was “too early to extrapolate the slowdown into the future,” given Inditex’s 2024…
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Bank of America says building material manufacturers’ first instinct to Trump’s tariffs has been to hike prices
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Fears of a recession are rising as stocks turn down and Trump continues to press tariffs
Fears of a downturn are rising as investors, economists, and business executives are realizing that Trump’s import taxes are much…
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Financial performance may have been flat but some CEO payouts are soaring as bonuses roar back
Bonuses are bouncing back from last year despite flat financial performance as some companies work to keep top talent from…
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Larry Summers says there is a ‘real possibility’ of a recession, which he calls the result of a ‘self-inflicted wound’
© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use…
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Anthony Scaramucci rewrote the end of his Bitcoin book after investor Michael Saylor called him from a yacht to say a 2% allocation was too low
Saylor, executive chairman of Bitcoin treasury company Strategy, reminds him of it every time they meet, Scaramucci said. Read More
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