DHL workers in Germany are set to stage a one-day strike, as the Verdi union demands wage hikes to keep pace with rising inflation. The strike is part of a broader trend of labor action in Germany, where unions are increasingly turning to strikes to demand pay increases. The Verdi...

Thousands of passengers in Bangladesh are stranded as railway staff go on strike over welfare concerns, including higher pensions and benefits. A long-standing dispute over pension and other benefits has prompted Bangladesh's railway staff to call an indefinite strike. The strike, which began on Tuesday, has left thousands of passengers stranded...

In a shocking turn of events, DeepSeek's R1 chatbot has surpassed OpenAI's ChatGPT as the top-ranked app on Apple's US App Store. But what sets these generative AI tools apart? The recent release of DeepSeek's R1 chatbot has sent shockwaves through the tech industry, temporarily dethroning 'OpenAI's ChatGPT' from the...

Renowned analyst Tom Lee sees Monday's market decline as a buying opportunity, driven by the sell-off in AI and cryptocurrency-related stocks. On Monday, NVIDIA experienced the largest single-day market cap loss in history, eroding $465 billion in market value. Tom Lee's Analysis According to Tom Lee, head of Fundstrat Research, the significant...

US equity markets show signs of recovery after a tech sector downturn, with the S&P and Nasdaq futures regaining ground following a steep decline. The rebound comes as analysts weigh in on AI model concerns sparking market volatility. The tech-heavy Nasdaq dropped over 3% on Monday, its worst single-day showing...

SoFi's record-breaking year has come to an end, but its financial struggles are only just beginning. Despite a 75% increase in net income and $12 billion in loan originations, the company's stock is experiencing a significant decline. SoFi, a financial services company, has announced that it had its 'best year...

Get ahead of the game by understanding when to expect your IRS tax refund. Learn how filing electronically and choosing direct deposit can speed up the process, and discover what to do if there are issues with your return. Tax season has officially begun, and many Americans are eagerly awaiting...

As the clock ticks down on ByteDance's deadline to sell or face a ban, multiple potential buyers are emerging for TikTok, including MrBeast, Elon Musk, and Larry Ellison. The fate of popular social media platform TikTok remains uncertain as multiple potential buyers have expressed interest in acquiring the app. The platform's...

The private lending market is undergoing a significant shift towards consolidation, with mega-managers dominating the industry and mid-sized firms facing increasing challenges. As the largest managers scale up, they are creating a void in middle-market lending that could stifle economic growth and innovation. The Arms Race for Scale in Private...

Nvidia's dominance in the AI chip market is being challenged by DeepSeek, a Chinese AI lab that has created an AI model rivaling those from U.S. institutions. Reports that Chinese AI lab DeepSeek has created an AI model that rivals U.S. models sent shockwaves through the tech industry, causing Nvidia...