Taxpayers will get higher standard deductions in 2025, IRS announces

U.S. taxpayers will again see higher standard deductions for 2025, allowing them to shield more of their money from taxation…

ASML expects growth in 2026, US-China row to continue, CEO says

The CEO of leading computer chip equipment maker ASML said on Tuesday he expects that 2026 will be a growth…

IBM releases new AI models for businesses as genAI competition heats up

IBM released the latest version of its artificial intelligence models catered towards businesses on Monday, looking to capitalize on the…

Amazon AWS CEO: Quit if you don’t want to return to office

One of Amazon’s (AMZN) top executives defended the new, controversial 5-day-per-week in-office policy on Thursday, saying those who do not…

Intel is bringing back one of its most frustrating types of CPUs

Intel’s new Arrow Lake CPUs are a big deal. They utilize an entirely new architecture and come with a new…

Boeing’s big borrowing might be backing it into a corner

Boeing’s (BA) plan to outlast its strike is taking shape, with reporting on plans to raise $15 billion through stock…

European airlines demand ‘level playing field’ with Chinese rivals

European airlines urged Brussels on Wednesday to do more to secure a level playing field in the industry, complaining that…

Oil steadies as traders weigh Middle East risks, China’s outlook

Oil steadied, after four days of declines, as traders weighed potential risks to production in the Middle East, while another…

Morning Bid: Bank results boost Wall St, China plan leaves questions

As the trading week begins in Asia, Chinese stocks are coming off several days of retrenchment while U.S. equities keep…

China’s central bank injects cash, lowers 14-day reverse repo rate

China’s central bank supplied 14-day cash to its banking system for the first time in months on Monday and at…