Money & Markets
Facebook's parent company Meta is preparing to lay off up to 20% of its workforce. That's roughly 15,000 people out of 70,000 employees about to lose their jobs. And the reason? The same thing that's supposed to be saving the tech industry
Money & Markets
Shantanu Narayen just resigned as CEO of Adobe after 18 years. On the surface, that might sound like a normal retirement. The guy led the company through massive growth and transformation. He turned Adobe from a software box company into a cloud powerhouse with over 25,000 employees worldwide. But
Investments
If you've never heard of private credit, you're not alone. Most people haven't. But this $2 trillion corner of the financial world is having a very public crisis right now, and it could affect everyone. Here's what happened. Morgan Stanley has an
Explainers
There's a 21 mile wide strip of water between Iran and Oman that most people have never heard of. But right now, it's controlling everything from the price of gas in Ohio to the cost of shipping a container from Shanghai to Rotterdam. It's
Policy Watch
The war between the United States, Israel, and Iran just entered its third week, and if anything, it's getting worse. What started as targeted strikes has turned into the most intense military confrontation in the Middle East in decades. Iran has a new Supreme Leader now. After the
Monetary Policy
The Federal Reserve meets this week on March 17 and 18, and almost everyone expects the same outcome: nothing changes. Markets are pricing in a 92% chance that interest rates stay exactly where they are, stuck between 3.5% and 3.75%. But here's the thing. Even though