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Category: Business

Vanishing immigration is the real story for the economy and a bigger supply shock than tariffs analysts says  Fortune

Vanishing immigration is the real story for the economy and a bigger supply shock than…

Jason MaJune 8, 2025
A workforce that is growing more slowly doesn't need as much hiring to absorb the additional labor supply.
Trivago watched its revenue forecast plummet from 1 billion to nearly zeroso the company tapped a set of former interns to turn it around  Fortune

Trivago watched its revenue forecast plummet from 1 billion to nearly zeroso the company tapped…

Preston Fo...June 8, 2025
Trivago’s CEO, CFO, and CMO were all once interns. Now, they’re trying to bring billions in revenue to the company.
Americans tourists cant quit Europe Why Euro summer travel is still on for many even in this economy  Business Insider

Americans tourists cant quit Europe Why Euro summer travel is still on for many even…

Kelsey Vla...June 8, 2025
Plenty of Americans are sticking to their summer travel plans to Europe despite concerns about the economy.
US Inflation to Tick Higher as Tariffs Reach Consumers  Bloomberg

US Inflation to Tick Higher as Tariffs Reach Consumers Bloomberg

Vince Goll...June 8, 2025
US consumers probably saw slightly faster inflation in May, notably for merchandise, as companies gradually pass along higher import duties.
Meta in Talks for Scale AI Investment That Could Top 10 Billion  Bloomberg

Meta in Talks for Scale AI Investment That Could Top 10 Billion Bloomberg

David Carn...June 8, 2025
Meta Platforms Inc. is in talks to make a multibillion-dollar investment into artificial intelligence startup Scale AI, according to people familiar with the matter.
US Inflation to Tick Higher as Tariffs Reach Consumers  Bloombergcom

US Inflation to Tick Higher as Tariffs Reach Consumers Bloombergcom

Vince Goll...June 7, 2025
US consumers probably saw slightly faster inflation in May, notably for merchandise, as companies gradually pass along higher import duties.
Elon Musks feud with Donald Trump is hugely damaging to Tesla but dont expect any action from the board  Fortune

Elon Musks feud with Donald Trump is hugely damaging to Tesla but dont expect any…

Lila MacLe...June 7, 2025
Musk’s public fight with President Donald Trump is likely to do little to push the board to make moves against him, corporate governance experts say.
DOGE caucus leader says Elon Musk made a massive exaggeration about spending cuts  Business Insider

DOGE caucus leader says Elon Musk made a massive exaggeration about spending cuts Business Insider

Bryan Metz...June 7, 2025
Shortly after the Trump-Musk feud blew up, a key DOGE-minded lawmaker in Congress had some pointed words about the world's richest man.
SP Dow Jones Makes No Changes to SP 500 in Quarterly Rebalance  Bloomberg

SP Dow Jones Makes No Changes to SP 500 in Quarterly Rebalance Bloomberg

Emily Graf...June 6, 2025
S&P Dow Jones Indices left membership in the S&P 500 unchanged in its latest round of quarterly rebalancing on Friday, according to a company spokesperson.

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