Facebook parent Meta Platforms META 1.39% reported its highest quarterly sales growth since 2021 as digital advertising continued to rebound, but the company also signaled
Mark Zuckerberg dubbed 2023 Meta’s “year of efficiency”, corporate-speak for admitting that his social-media empire was bloated. Since November Meta has cut 21,000 jobs, or
Monetary policymakers, particularly in Europe, seem to have concluded that the risks of doing too little to tighten monetary conditions are too high, and it
Governments and companies around the world spent decades loading up on trillions of dollars of debt whose interest costs rise and fall alongside inflation. But
Microsoft and Alphabet, Google’s parent, reported greater resilience than expected in their core businesses in the second quarter, helping to underpin Big Tech’s recent stock
French consumers are increasingly confident inflation will ease over the next 12 months and their assessment of past pressure is also softening. The balance of