IMF chief urges rich countries to tackle debt
BANGKOK (AP) — The United States and other wealthy countries must urgently address growing levels of global debt that fall heaviest on low-income countries and strain the global financial system, the head of the International Monetary Fund said…
In this deep-red city, rising costs test Trump’s affordability message – The Washington Post
In this deep red city, rising costs test Trump’s affordability message The Washington Post Trump was trying to force prices down before the midterm elections. But Iran also gets a vote CNN Go hungry in the Trump economy The Atlantic They voted for…
Netflix fires 4 of its top TV executives
Among the nearly 1,000 Netflix employees laid off on Wednesday were television executives Lisa Lang McMullen, James Oh, Carolina Garcia and Andrew McQuinn. McMullen was most recently director of all deals and series at Netflix, Oh was director of drama…
Apple reclaims $5 trillion market cap, only second company to eclipse that figure
Apple’s (AAPL) market capitalization crossed the $5 trillion mark again on Wednesday, just months after first hitting the threshold in late July. It’s been just under a year since Apple’s market capitalization surpassed $4 trillion in…
Google’s big bet on Loop comes with a warning: It can’t revive downtown alone – Crain’s Chicago Business
Google’s big Loop bet comes with a warning: It can’t revive downtown alone Crain’s Chicago Business Construction of the Thompson Center: Google executives detail their vision for transforming downtown Chicago ABC7 Chicago Google…
Power grid emergency hits Illinois: What you need to know
Wright added that although the “energy subtraction policies” of previous administrations have made the Mid-Atlantic region more vulnerable to power outages, current leaders remain committed to “using every tool available” to avoid…
TSMC posts record profit for sixth straight quarter, beating estimates on AI boom
A TSMC logo is displayed on a wall in Hsinchu, Taiwan, April 15, 2025. Ann Wang | Reuters Taiwan Semiconductor Manufacturing Company. on Thursday reported record third-quarter profit, beating estimates, fueled by a relentless global appetite for AI…
Asian Stocks Fall, South Korea’s KOSPI Falls 7% on Chip Rout, Fed Rate Fears By Investing.com
Investing.com — Asian stocks fell Thursday, led by those in South Korea, as losses in the semiconductor sector deepened on concerns about Chinese competition and stronger-than-expected U.S. inflation that raised expectations of further rate hikes…
Revolution Wind Powers New England and Trump Attacks It Again
Photo: Ørsted Revolution Wind is already sending electricity to New England and all 65 turbines are installed. Now the Trump administration is challenging the federal approval that allowed construction of the offshore wind farm. Again. Yes, really. The…
Global chip sales intensify as South Korean market plunges
The global sell-off in memory chip stocks deepened overnight as South Korea’s benchmark KOSPI (^KS11) fell 7%. Micron (MU) and SK Hynix (SKHY) were poised to open lower on Wednesday as SK Hynix (000660.KS) and Samsung Electronics (005930.KS) fell…