IBM has become the latest tech giant to slash thousands of jobs, with 3,900 positions, or 1.5% of its global workforce, expected to be eliminated.

Two of the world’s largest economies moved in opposite directions at the start of the year, with U.S. businesses reporting further declines in activity in

Last year markets had a terrible time. So far 2023 looks different. Many indices, including the Euro Stoxx 600, Hong Kong’s Hang Seng and a

When it comes to forecasting a recession, economists today have a wealth of tools and data. Even so, it’s still more of an art than

I had some sympathy for UK chancellor Jeremy Hunt last week when he was teased for trying to explain inflation with coffee cups and a

Microsoft posted better-than-expected results for the December quarter, driven by strength in cloud computing. But the strong results were tempered by disappointing guidance for the

There have been a gazillion layoff announcements by companies headquartered in San Francisco and in Silicon Valley, and there are websites that track those announcements

Rock-bottom rates were the secret engine fueling $1 billion start-ups and virtual attempts to conquer the physical world. But in 2023, reality bites.Eighteen months ago,