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Global markets reprice rate-cut expectations as inflation cools unevenly
Coverage splits on whether easing inflation is durable. Right-leaning outlets frame it as policy overreaction risk while left and center focus on wage resilience.
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Bill Ackman reveals stake in Meta, says it has ‘deeply discounted valuation’
Bill Ackman’s Pershing Square revealed a stake in Meta on Wednesday.“We believe Meta’s current share price underappreciates the company’s long-term upside potential from AI and represents a deeply discounted valuation for one of the world’s greatest busines...
Instagram chief says he does not believe people can get clinically addicted to social media
Adam Mosseri, the head of Meta’s Instagram, testified Wednesday during a landmark social media trial in Los Angeles that he disagrees with the idea that people can be clinically addicted to social media platforms.