Articles

The world’s largest pension fund may be running dry

A population equaling the size of the entire U.S. will retire from China’s workforce by 2035, and the country isn’t reproducing sufficiently to mend its fraying social safety net.

Campbell Soup to cut costs, 415 employees affected

Food giant shutting down soup plant in Oregon and moving potato chip production at another facility.

Bitcoin sinks as Mt. Gox transfers billions to potentially begin creditor repayments

Bitcoin slides after failed exchange Mt. Gox began a long-awaited transfer of more than $9 billion in the digital asset to creditors.

Palo Alto Networks, Zscaler shares lead broader cybersecurity selloff

Zscaler’s stock picked up a downgrade ahead of its earnings report later this week.

U.S. consumer confidence rebounds in May after three months of decline

The index of consumer confidence rebounded to 102 in May from a revised 97.5 in the prior month, the Conference Board said Tuesday. This is the first increase in the index after three straight declines.

LinkedIn co-founder Reid Hoffman’s six maxims for the AI age

Should artificial intelligence be accelerated or curtailed? Here are six ways to think about the debate.

This is why another bout of inflation could occur sooner than markets expect

Inflationary surges do not happen every year. But when faced with economic uncertainties, central banks may adjust their policies in a way that makes inflation more likely.

Bitfarms stock rallies as rival Riot Platforms discloses rejected merger deal

Riot Platforms says Bitfarms nixed deal that would create ‘word’s largest publicly-listed bitcoin miner.’

Nvidia’s stock gets plenty of praise — but this number makes it ‘truly unique’

Nvidia continues to rack up plaudits, this time from a Melius Research analyst who highlighted a metric that he said shows why the chip giant is “truly unique.”

U.S. Cellular enters $4.4 billion deal to sell T-Mobile its wireless ops, assets

The deal includes $2 billion in debt and a license agreement on the use of more than 2,000 towers.

Home prices reach new high in March, Case-Shiller says, fueled by scarcity

Case-Shiller 20-city home price index rose 7.4% year-on-year in March.

You don’t have to be dead to use life insurance. It can also fund long-term care.

The insurance industry is tying together life insurance with long-term care. The policies are expensive, but they cover events people are likely to experience.
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