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The CEOs of Apple, Airbnb, and PepsiCo agree on one thing: life as a business leader is incredibly lonely
Leaders of billion-dollar behemoths including Airbnb’s Brian Chesky and Apple’s Tim Cook say the top job is isolating, and entrepreneurs should lean on peers to feel connected.
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Exclusive: Mastercard poised to acquire crypto startup Zerohash for nearly $2 billion, sources say
The move to acquire the crypto company comes after Mastercard was in talks to acquire another stablecoin startup BVNK for around $2 billion.
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Powell warns not to count on a December rate cut just yet—the Fed is extremely divided, and a further cut is ‘not a foregone conclusion. Far from it’
The Fed will stop shrinking its $7 trillion balance sheet in December, but Powell stressed it’s a pause in quantitative tightening, rather than a new phase of easing.
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Powell says that, unlike the dotcom boom, AI spending isn’t a bubble: ‘I won’t go into particular names, but they actually have earnings’
However, the Fed chair noted that the growth is unevenly distributed and concentrated among only a few companies.
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‘The world is watching’: What Trump and Xi want from trade summit
US and Chinese leaders expected to unveil deal to extend tariff truce amid tensions over rare earths and tech controls