Nvidia and Amazon Temporarily Shut Middle East Offices
Nvidia and Amazon temporarily close Middle East offices as companies respond to rising regional tensions.
Stay informed with concise, high-impact updates on the most important business, tech, and market stories of the day. Our Briefs deliver quick yet comprehensive coverage of breaking developments, corporate moves, regulatory changes, and major innovations shaping global industries. Each piece distills complex events into clear, actionable insights - perfect for readers who want to stay ahead without scrolling through endless newsfeeds. Designed for professionals and investors alike, this section keeps you connected to the pulse of global markets and the business world in minutes.
Nvidia and Amazon temporarily close Middle East offices as companies respond to rising regional tensions.
Peter Schiff warns that U.S. stagflation risks are increasing as GDP growth slows sharply to 1.4% while PCE inflation and core prices accelerate.
The Trump administration moves toward nominating Kevin Warsh as Fed chair, prompting immediate market reactions and potential political resistance.
The IMF raises its 2026 global growth forecast, citing AI-driven productivity gains and easing trade-related headwinds.
A new study shows 96% of the cost of Trump-era tariffs is paid by U.S. importers and consumers, not foreign exporters.
Global central banks issued a joint statement backing Fed Chair Jerome Powell and reaffirming support for monetary policy independence.
The Federal Reserve injected $31 billion through overnight repo operations, the largest single liquidity boost since the COVID-19 crisis.
The Venezuelan bolivar lost 83% of its value in 2025, closing the year near 301 per U.S. dollar amid persistent inflation.
China is set to levy provisional duties of up to 42.7% on European dairy imports, a move widely seen as retaliation for EU restrictions on Chinese electric vehicles.
Trump says the next Fed chair should consult him and signals interest rates at 1% or below.
The iPhone 17 Pro affordability index shows workers need as few as 3 days in Switzerland but up to 160 days in India to buy Apple’s flagship phone.
The Bank of Japan lifted its key rate to 0.75%, ending decades of ultra-easy policy as stocks rose, the yen weakened, and bond yields hit multi-year highs.