The private equity and big tech playbooks are converging on a singular strategy: replace expensive human workers with automation.This week, Vista Equity Partners and Meta sent unmistakable market signals that the AI-cost-cutting wave is shifting into higher gear.Vista told investors it will slash headcount by up to one-third, automating investor…
Merck & Co. has agreed to acquire biotechnology firm Cidara Therapeutics in a $9.2 billion deal, accelerating efforts to…
Applied Materials’ shares fell sharply in premarket trading on Friday, dropping more than 7%, after the chip equipment maker…
Investors are pushing Argentina to relax its foreign-exchange regime, contending that a more flexible peso would be a big help…
Gold prices slumped more than 3% on Friday as a December interest rate cut by the US Federal Reserve…
After months of punishing trade tensions, the US and Switzerland announced a breakthrough deal on Friday that will slash…
Europe saw a flurry of political and economic developments this week, from a major US–Swiss trade breakthrough to the…
The copper rally fizzled out quickly after the metal briefly soared past $11,000 per ton, as disappointing economic figures…
President Donald Trump is preparing an executive order that will reduce tariffs on several widely consumed food imports, including…