S&P 500 futures hold steady as market braces for inflation report and Fed signals

US stock futures remained largely unchanged on Tuesday evening, as investors awaited the release of January’s critical inflation report. The report’s findings are expected to offer crucial insights into the Federal Reserve’s interest rate plans, against a backdrop of fast-moving economic policies under President Donald Trump. The January CPI report is slated for release on […]

Elon Musk’s OpenAI bid sparks legal chaos and investor doubts: just as he planned?

OpenAI CEO Sam Altman’s terse “no” at a Paris conference seemed to shut the door on Elon Musk’s surprise $97.4 billion bid. But experts say the reality is far more complex. Musk’s play, technically aimed at OpenAI’s nonprofit assets, could be less about acquiring control and more about strategically disrupting Altman’s efforts to reshape OpenAI’s […]

Meta layoffs: workers challenge Zuckerberg’s ‘low performer’ justification

Following Meta CEO Mark Zuckerberg’s mid-January warning to employees about raising performance standards and cutting 5% of the workforce, recent layoffs impacting approximately 3,600 workers have generated controversy. Some affected employees are challenging the company’s assertion that the cuts solely targeted low performers, claiming they received favorable performance reviews. Zuckerberg’s warning: raising the bar on […]

Asian shares display mixed performance amidst trade tensions and rate uncertainty

Asian equity markets exhibited a mixed performance on Wednesday as investors continued to monitor President Donald Trump’s latest trade policies and assessed the implications of Federal Reserve Chair Jerome Powell’s recent remarks on interest rates. The prospect of escalating trade tensions, particularly Trump’s announcement of 25% tariffs on imported steel and aluminum, has created uncertainty […]