In a world where people buy funds that are tied to indexes, the people who determine what go into those indexes have become very powerful indeed.
After reducing headcount by about 10%, CEO Sebastian Siemiatkowski said Klarna will return to profitability on a monthly basis by summer 2023.
Republican George Santos is facing criticisms from the Nassau County Republican Committee as he’s under scrutiny for embellishing and lying about his resume.
Micron said it would hit its reduction target through voluntary departures as well as layoffs.
The Chinese government is widely expected to announce on Sunday a GDP growth target of around or above 5% for the year.
Xiaomi launched the Xiaomi 13 and Xiaomi 13 Pro in international markets at Mobile World Congress.
The White House tapped Lael Brainard and Jared Bernstein to two critical roles shaping U.S. economic policy as the country grapples with high inflation.
Major airlines report delays in getting aircraft from manufacturers like Boeing and Airbus.
Recession-like conditions rolling through the U.S. economy are likely to cause more ripples through an otherwise strong jobs market.