Pinterest cuts up to 15% jobs to prioritize AI push, shares sink
Pinterest to reduce office spaceCompany says it will redirect resources to AI teamsJob cuts expected to complete by…
UPS to eliminate 30,000 more jobs as Amazon volume cuts accelerate; shares rise
UPS continues to shed low-margin Amazon delivery volumePlans to reduce 30,000 jobs in 2026 through attrition and driver…
Samsung to start production of HBM4 chips next month for Nvidia supply, source says
SEOUL, Jan 26 (Reuters) – Samsung Electronics (005930.KS), opens new tab plans to start production of its next-generation…
Asia shares rise on AI optimism, receding Fed cut bets lift dollar
Asia shares upbeat on renewed AI optimismGeopolitics loom large, Trump adopts wait-and-see posture on IranDollar gains as traders…
Trump imposes 25% tariff on imports of some AI chips
Tariff aims to boost U.S. semiconductor productionTariff excludes chips for U.S. data centers and startups, consumer applicationsFuture broader…
Strong US retail sales in November showcase economy’s resilience
Retail sales increase 0.6% in NovemberCore retail sales advance 0.4%Producer prices rise 0.2% in November after ticking up…
China’s trade ends 2025 with record $1.2 trillion surplus despite Trump tariff jolt
China posts record $1.189 trillion trade surplus in 2025China’s December dollar exports up 6.6% Y/Y, imports up 5.7%;…
Pentagon to invest $1 billion in L3Harris rocket motor business
L3Harris to separate rocket motor unit for IPO in 2026Pentagon’s investment marks first direct-to-supplier partnershipTransaction structure may face…
Euro zone investor morale better than expected at start of 2026
BERLIN, Jan 12 (Reuters) – The Sentix index measuring investor morale in the euro zone rose more than…
Dollar set for second straight weekly gain after US jobs data
Dollar on track to extend winning streak into fourth dayAnticipated Supreme Court tariff ruling not happening on FridayUS…
US household wealth hit record in third quarter 2025, Fed data shows
Jan 9 (Reuters) – U.S. household wealth hit a record high of more than $180 trillion in the…
Stocks rally, dollar higher in wake of US jobs numbers
Item 1 of 2 Futures-options traders work on the floor at the New York Stock Exchange’s NYSE American…