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Fintech unicorn Zepz to lay off 20% of its global workforce, sources say
London-based fintech Zepz is laying off around 200 IT workers as part of a major redundancy plan, two employees impacted by the move told CNBC.Read More...
Chinese tech giant Baidu to release next-generation AI model this year as DeepSeek shakes up market
Baidu plans to release the next generation of its model for powering generative AI applications in the second half of this year, according to a source familiar with the matter.Read More...
Powell squashes the possibility that the Fed will develop its own digital currency
Powell asserted Tuesday that the central bank will not develop its own digital currency as long as he is in charge.Read More...
Ken Griffin says Trump’s ‘bombastic’ trade rhetoric is a mistake that’s eroding trust in the U.S.
The billionaire hedge fund founder's comments came after Trump on Monday evening signed an order that would impose 25% tariffs on steel and aluminum imports.Read More...
CFPB heads for supervision, enforcement announce resignations after stop-work order
The resignations add further to uncertainty at the CFPB, which has been targeted by trade groups and conservatives for years.Read More...
Dominari Holdings shares surge 30% after Donald Trump Jr. and Eric Trump join advisory board
Donald Trump Jr. and Eric Trump participated in a recent private placement in the holding company.Read More...
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