World News

March inflation slows to near 5&year low thumbnail
OFW Today

March inflation slows to near 5&year low

By Aubrey Rose A. Inosante, Reporter Inflation eased to its lowest annual rate in nearly five years in March, as food and transport...

The world is asking what an American promise is worth now. The answer could determine the dollar’s future thumbnail
Los Angeles Daily

The world is asking what an American promise is worth now. The answer could determine the dollar’s future

A top economist and currency scholar said “the dollar’s global role will suffer if the US is perceived as turning its back on...

Companies are slashing their earnings forecasts as consumer confidence about the future reaches 12&year low thumbnail
Los Angeles Daily

Companies are slashing their earnings forecasts as consumer confidence about the future reaches 12&year low

The Conference Board’s expectations index sits significantly below the threshold that tends to indicate an upcoming recession. While spending continued to increase in...

EU will respond firmly to US tariffs but still open to ‘compromise,’ German chancellor says thumbnail
Los Angeles Daily

EU will respond firmly to US tariffs but still open to ‘compromise,’ German chancellor says

“But if the US leaves us no choice, as with the tariffs on steel and aluminum, we will respond as a united European...

Dow futures drop as report says White House mulls global tariff of up to 20% on nearly all trading partners thumbnail
Los Angeles Daily

Dow futures drop as report says White House mulls global tariff of up to 20% on nearly all trading partners

Over the weekend, reports said Trump has pushed his advisers to get more aggressive on tariffs, including higher rates on a wider set...

How DeepSeek erased Silicon Valley’s AI lead and wiped $1 trillion from U.S. markets thumbnail
Los Angeles Daily

How DeepSeek erased Silicon Valley’s AI lead and wiped $1 trillion from U.S. markets

Wall Street and Silicon Valley crowed that China would always be years behind the U.S. Here’s why they were wrong. The U.S. innovates,...

Meta settles UK ‘right to object to ad&tracking’ lawsuit by agreeing not to track plaintiff thumbnail
Los Angeles Daily

Meta settles UK ‘right to object to ad&tracking’ lawsuit by agreeing not to track plaintiff

Money A human rights campaigner, Tanya O’Carroll, has succeeded in forcing social media giant Meta not to use her data for targeted advertising....

The 20 hottest open source startups of 2024 thumbnail
Los Angeles Daily

The 20 hottest open source startups of 2024

Money A new report showcases the 20 top-trending open source startups around the world, more than half of which are closely aligned with...

Week in Review: Google buys Wiz  thumbnail
Los Angeles Daily

Week in Review: Google buys Wiz 

Money Welcome back to Week in Review! We’ve got tons of stories to share from this week, like the greatest hits from Nvidia...

Charlie Javice trial becomes a master class in hubris for both sides thumbnail
Los Angeles Daily

Charlie Javice trial becomes a master class in hubris for both sides

Money Charlie Javice’s high-profile fraud trial has become a showcase of embarrassing missteps on both sides, with eyebrow-raising details about how JPMorgan Chase...