FINANCE

Jeffrey Schmid, Kansas City Fed president, says labor market healthy

[ad_1] The markets might be panicking about last week’s jobs report but Jeffrey Schmid, president of the Federal Reserve Bank of Kansas City, certainly isn’t.

FINANCE

Apple changes up App Store rules in Europe once again as EU threat of non-compliance grows

[ad_1] Apple on Thursday announced changes to its App Store after the European Union accused the iPhone maker of breaking the bloc’s landmark new digital

FINANCE

German giant Siemens beat profit estimates on the back of AI boom and demand for electrification

[ad_1] German industrial giant Siemens said Thursday its quarterly profits jumped sharply, driven by demand for production software as well as the “boom” in artificial

FINANCE

Microsoft says Iranian hackers targeted U.S. presidential campaigns

[ad_1] A hacking group linked to the Iranian government tried to breach the email accounts of presidential campaign staffers as part of a wider effort to

FINANCE

Ukraine recruits robot dogs to replace soldiers on its front line with Russia

[ad_1] Ukraine could soon unleash robot dogs on its front lines, replacing soldiers for perilous missions like spying on Russian trenches or detecting mines. At

FINANCE

China’s tech workers go to HK to sell insurance

[ad_1] Hong Kong is seeing an influx of professionals from mainland China’s finance and tech sectors who are disillusioned with their career and salary prospects

FINANCE

Colin Huang, founder of Temu parent company, now China’s richest person

[ad_1] After several moderately successful ventures in gaming and e-commerce, Colin Huang got sick and retired. At one point, the young entrepreneur stayed home for

FINANCE

The beloved Ford Capri is back—or is it? Why every new electric car is an SUV, and why it shouldn’t be

[ad_1] The new electric Ford Capri has been one of the most controversial vehicle launches this year. Despite a wholehearted endorsement from the soccer legend

FINANCE

Advertising group GARM shuts down in the face of Elon Musk’s ire and X’s lawsuit

[ad_1] In an email to members, WFA CEO Stephan Loerke said the WFA will remain fully operational, and had every intention of fighting X’s lawsuit

FINANCE

Mozambican ex-finance minister convicted in $2 billion tuna kickback scandal

[ad_1] Former Mozambican Finance Minister Manuel Chang was convicted Thursday in a financial conspiracy case that welled up from from his country’s “tuna bond” scandal and swept