Economy & Markets
Lincraft Closes 63 Stores, Cutting 300 Jobs Across NZ and Australia
Lincraft store closures will shutter 63 locations across New Zealand and Australia, leaving roughly 300 employees out of work, the company…
VFX Supervisors Reveal How Their Work Begins Long Before the Cut
VFX supervisors begin planning visual effects the moment a script is drafted, often 12 to 18 months before a film…
Nvidia CEO Says AI Will Redefine Jobs, Fast Food and the Fed
Answer: Nvidia CEO Jensen Huang says AI will dramatically reshape jobs, fast‑food service and even Federal Reserve policy, signalling a…
Inflation Spike Revives Fed Rate Hike Bets Ahead of Warsh Launch
Core answer: The latest surge in inflation has reignited talks that the Federal Reserve may hike rates again before James…
Lisa Cook’s Six‑Word Threat Sends Wall Street Into Overdrive
Fed Governor Lisa Cook boiled the Federal Reserve’s stance into a six‑word alert: “Expect higher rates, higher inflation, higher risk.”…
President Praises Inflation, Says He ‘Loves’ Rising Prices
President Joe Biden stood before a sea of reporters and said, “I love the inflation,” a moment that left the room…
Dow Sets Record While Nasdaq and S&P Slip
At 10:12 a.m. ET, the Dow Jones Industrial Average closed at 38,212 points, eclipsing its previous all‑time high by 124 points,…
Dow Jones Surges to Record, Tech Drag Holds Wall Street Back
At 10:12 a.m. EDT, the Dow Jones Industrial Average ticked up 197 points to close at 38,212, its highest level ever…
Rory McIlroy Blames LIV for a ‘False Economy’ on Golf Tours
Rory McIlroy said LIV Golf’s rise has created a “false economy” that is reshaping the professional game. On a crisp…
Flaming Gorge’s Emergency Drawdown Cripples Local Recreation Economy
At 8:17 a.m. on July 12, a water‑level sign on the south shore of Flaming Gorge Reservoir read 2,822 ft – a full…