Finance

Fed is on the verge of first 2025 cut. The question is whether it will keep going.

Fed is on the verge of first 2025 cut. The question is whether it will keep going.

The Federal Reserve is widely expected this week to make its first interest rate cut of 2025, but the bigger question for investors is how many more cuts could be on the way as the central bank c...

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Monero’s ‘Largest’ Reorg Yet Erases 36 Minutes of Transaction History

Monero’s ‘Largest’ Reorg Yet Erases 36 Minutes of Transaction History

Monero has shrugged off its biggest chain rollback in its 12-year history. The network reorganized 18 blocks, erasing 36 minutes of transaction history and invalidating 118 transfers, according t...

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AI’s economic boost isn’t showing up in GDP, and Goldman says that’s a $115 billion blind spot

AI’s economic boost isn’t showing up in GDP, and Goldman says that’s a $115 billion blind spot

Servers and chips power the US’s AI boom but don’t contribute to GDP growth.Business Insider AI is transforming corporate America, but its growth is understated in government d...

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A $3 Billion Plan to Bring Water to Johannesburg Hits Opposition

A $3 Billion Plan to Bring Water to Johannesburg Hits Opposition

(Bloomberg) — A long-delayed 53 billion rand ($3.1 billion) project that South Africa’s commercial hub is banking on to end a growing water crisis has hit fresh opposition. Communities comp...

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Exclusive-Wheat for Chinese cars? Russia turns to barter to skirt sanctions

Exclusive-Wheat for Chinese cars? Russia turns to barter to skirt sanctions

MOSCOW (Reuters) – Old-fashioned barter is on the rise in Russia’s foreign trade for the first time since the 1990s, as companies seeking to outfox Western sanctions swap wheat for Chi...

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Swatch to hike prices in US after tariffs, CEO says

Swatch to hike prices in US after tariffs, CEO says

ZURICH (Reuters) -Swatch will hike its prices in the United States by between 5% and 15% after the 39% tariff President Donald Trump imposed on Switzerland last month, the Swiss watchmaker’...

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