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With outburst, Musk puts X's survival in the balance
With outburst, Musk puts X's survival in the balance
Technology
by  AFP

Elon Musk's verbal assault on advertisers who have shunned X (formerly Twitter) threatens to sink the social network further, with the tycoon warning of the platform's demise, just one year after taking control. But by dropping X, "you are opening yourself up for competitors to step into your territory," warned Kellis Landrum, co-founder of digital marketing agency True North Social.

US Fed Chair Jerome Powell calls rate cut speculation 'premature'
US Fed Chair Jerome Powell calls rate cut speculation 'premature'
Economy
by  AFP

It is still "premature" to speculate on when the US Federal Reserve will start cutting interest rates despite the bank's recent progress on inflation, Fed Chair Jerome Powell said Friday. On Friday, Powell said the Fed's rate-setting Federal Open Market Committee (FOMC) would continue its inflation battle despite the apparent success of its "restrictive" stance of monetary policy.