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Big Tech's Second Quarter Just Started, And It's Already Facing Major Challenges
The year’s second fiscal quarter is officially underway, and Big Tech is already facing a number of major challenges.
Jamie Dimon Highlights Iran War, Private Credit, And AI-Driven Job Losses As Major US Risks In His Annual Letter
Jamie Dimon says a resilient US economy is still threatened by the Iran war, a looming credit cycle, ongoing trade negotiations, amongst other things.
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Tom Barrack Allowed to Resume Real Estate Work While Out on Bail
A former top fund-raiser for Donald Trump, Barrack on Wednesday requested and received a modification of his bail conditions.
Cathie Wood’s Ark Buys More Robinhood as Data Breach Hits Broker
Ark increased the pace of buying as the stock fell 3.4% after the trading platform said it had suffered a data security breach.
What Powell Learned from Past Fed Mistakes on Guiding the US Out of a Recession
Last week, the head of the US Federal Reserve had the sensitive task of announcing the central bank is rolling back its bond-purchasing program.
Theranos Investor Details His Frustration With Elizabeth Holmes
Holmes is accused of raising more than $700 million by lying about the capability of Theranos technology.