Qualcomm CEO Cristiano Amon said it’s too early to call winners in the AI race, comparing the current boom to the dot-com era while predicting the technology will bring long-term, transformative impact. His comments come amid growing concerns from industry leaders that soaring AI valuations may signal a developing market bubble. Cristiano Amon, the CEO…
Swedish fintech firm Klarna just made its highly anticipated debut on the New York Stock Exchange, raising $1.37 billion and locking in a $15 billion valuation. But finance and legal experts are becoming wary of the growing risks associated with the ballooning buy-now, pay later (BNPL) industry. Klarna, known for its short-term, interest-free financing solutions…
The bosses of UK statistics bodies are back in front of MPs for another grilling on the crisis at the Office for National Statistics this morning. At a bruising encounter last week Simon Hoare, the Conservative chairman of the public administration and constitutional affairs select committee, said that Sir Ian Diamond, the former ONS boss,…
A British art dealer who appeared as an expert on a BBC antiques show has pleaded guilty to selling artworks to a suspected financier for Hezbollah, the Lebanese militant group. Oghenochuko Ojiri, 53, pleaded guilty during a hearing at Westminster Magistrates’ Court in London on Friday to eight charges of failing to disclose potential terrorist…
Protecting your finances amid economic uncertainty WESH 2’s Meredith McDonough and Jason Guy discuss how President Donald Trump’s newly imposed tariffs may impact the U.S. economy, stock market Updated: 10:44 AM EDT Apr 4, 2025 MONTH, A TIME DEDICATED TO PROMOTING FINANCIAL EDUCATION AND EMPOWERMENT, AND NOW FEELS LIKE A VERY IMPORTANT TIME, MAYBE MORE…
President Trump signed an executive order on Friday seeking to dismantle seven additional federal agencies, including the one that oversees Voice of America and other government-funded media outlets around the world. Mr. Trump directed the heads of the agencies, largely obscure entities that address issues like labor mediation and homelessness prevention, to eliminate all functions…
As the Trump administration imposes deep cuts on foreign aid and renewable energy programs, the World Bank, one of the most important financiers of energy projects in developing countries, is facing doubts over whether its biggest shareholder, the United States, will stay on board. While the Trump administration has voiced neither support nor antipathy for…