The Washington Post, under Jeff Bezos’ vision, appoints Adam O’Neal as the new opinions editor. With a background at The Economist and The Dispatch, O’Neal aims to redefine the publication’s editorial voice, fostering meaningful debate in a polarized era.
Wall Street’s rally paused as U.S. stocks dipped, with the S&P 500 down 0.3% and Nasdaq losing 0.5%. After nearing record highs, investors face inflation concerns and Fed policy uncertainties. Experts see this as a temporary setback amid ongoing market optimism.
Paris Baguette, a Korean bakery chain, is redefining the iconic French croissant with Asian-inspired flavors like red bean and matcha. With global expansion and a focus on cultural fusion, the brand is reshaping how we experience traditional pastries.
Oracle’s fiscal Q4 earnings are set for Wednesday, with traders anticipating a potential stock surge to record highs. Strong cloud growth and AI innovations could drive results, while market conditions and competition add uncertainty. Will Oracle deliver a game-changing report?
WhatsApp has joined Apple in opposing the UK government’s push for access to encrypted user data, warning of a dangerous precedent. The legal battle raises critical questions about privacy versus security, with global implications for tech companies and user trust in the digital age.
Inflation rose less than expected in May despite new tariffs from the Trump administration. While economists predicted sharp price hikes, businesses may be absorbing costs, and consumer demand slowdowns could be helping. However, concerns linger about future price increases.
Despite Trump-era tariffs, the U.S. economy shows surprising strength with inflation at 2.4 percent in May. Consumer prices remain stable as businesses adapt, while a strong labor market boosts confidence. However, long-term tariff effects loom on the horizon.
Amazon is revitalizing its $13.7 billion Whole Foods acquisition with a bold strategy to dominate the grocery sector. By integrating AI, enhancing delivery, and blending digital innovations, the tech giant aims to redefine shopping and cement its retail foothold.
The U.S. budget deficit surged to $316 billion in May, with the annual shortfall up 14% from last year. Rising debt, increased spending, and lagging revenues raise concerns about economic sustainability, prompting calls for urgent fiscal reforms.
A major auto-parts supplier has filed for bankruptcy, becoming the first significant casualty of the ongoing tariff war. Soaring import costs and disrupted supply chains led to its collapse, signaling potential trouble for the automotive industry and raising concerns about the broader impact of trade conflicts on global economies.
