Latest Business News
PayPal's crypto partner mints a whopping $300 trillion worth of stablecoins in 'technical error'
Paxos, the blockchain partner of PayPal, mistakenly minted $300 trillion of the online payment giant's stablecoin on Wednesday in what the company called a "technical error."
TSMC profit surges 39% to beat estimates and hit yet another record on AI chip demand
Taiwan Semiconductor Manufacturing Company reported a 39.1% increase in third-quarter profit, hitting a fresh record despite missing estimates.
Nestle jumps 8% after consumer goods giant announces plans to slash 16,000 jobs
Nestle said Thursday it will cut 16,000 jobs as the firm's new CEO Philipp Navratil looks to accelerate a turnaround at the consumer goods giant.
HPE stock sinks 10% on weak guidance for fiscal 2026
Hewlett Packard Enterprise shares plunged in after-hours trading on Wednesday after the company issued disappointing guidance.
Indian microfinance is in trouble
A model that has lifted millions out of poverty is threatened by rising defaults
The new economics of babymaking
A postcard from one of America’s youngest towns
Newsom Calls Out White House’s Reported Plan For Missiles Over I-5 During Military Celebration
The California governor claimed the Trump administration plans to fire live ordnance over portions of the I-5 highway as part of a military celebration.
South Korea's Kospi hits record high on trade deal optimism, IMF growth forecast upgrade
The IMF raised its growth projection for the global economy as the impact of U.S. tariffs on was "at the modest end of the range."
Visual learning: how video models are improving artificial intelligence
A handpicked article read aloud from the latest issue of The Economist
Nestlé to axe 16,000 jobs as new chief targets sales growth
Almost 6% of global workforce will be cut over next two years, including 12,000 white-collar professionalsBusiness live – latest updatesEurope live – latest updatesNestlé has said it will cut 16,000...
Jisoo Just Crossed A Billion Solo Spotify Streams
Less than a week after her much anticipated collab with Zayn, Jisoo's agency announced that she became the first Korean solo artist to...
Possible FIFA Rule Change Means Penalty Kicks Will Rule 2026 World Cup
More knockout games and larger rosters mean penalty specialists could make the difference between an early exit and World Cup 2026 glory.