Adidas Plans Up to 500 Job Cuts to Simplify Operations
Restructuring Aims to Streamline Business Adidas plans to lay off up to 500 employees at its headquarters in Herzogenaurach, Germany, as part of an effort [more…]
Canada’s Inflation Slows to 1.8%, Raising Rate Cut Hopes
What Happened Canada’s annual inflation rate eased to 1.8% in December, down from 1.9% in November, as a government sales tax break lowered prices on [more…]
Oracle Soars as Trump Plans $500B AI Investment Initiative
What Happened Oracle (NYSE: ORCL) stock surged as much as 6% on Tuesday following reports that the company will play a key role in a [more…]
Davos 2025: CEOs, AI, Tariffs, and Trump’s Influence
What Happened The World Economic Forum (WEF) 2025 in Davos is set to be one of the most eventful in years, as President-elect Donald Trump [more…]
Trump Inherits Strong Economy, But Tariff & Fiscal Risks Loom
U.S. Economy in a Strong Position as Trump Takes Office As President-elect Donald Trump prepares to enter the White House next week, he inherits an [more…]
Japan’s Producer Price Index Hits Record High for Third Straight Year
Companies Pass Higher Costs to Consumers Japan’s producer price index (PPI) hit a record high for the third consecutive year in 2024, as companies passed [more…]
Israel and Hamas Agree to Phased Ceasefire Agreement
Ceasefire Marks a Turning Point After 15 months of intense conflict, Israel and Hamas have reached a phased ceasefire agreement aimed at halting violence and [more…]
Germany’s Economy Contracts for Second Consecutive Year in 2024
Economic Challenges Persist Germany, Europe’s largest economy, experienced its second consecutive year of economic contraction in 2024, according to official data released Wednesday by the [more…]
US Stocks Trade Mixed as Inflation Data Falls Short of Expectations
US Stocks Trade Mixed as Inflation Data Falls Short of Expectations US stocks traded in mixed territory on Tuesday, with early gains reversing as investors [more…]
Phishing Scams Target iPhone Users with Clever Tactics in 2025
Phishing Scams Target iPhone Users with Clever Tactics in 2025 As the new year unfolds, cybercriminals continue to employ old tricks with a new twist [more…]
