Revised data show U.S. economic growth slowed in the fourth quarter as government disruption and weaker consumer spending weighed on activity.
An Auckland buyer lost a significant deposit after failing to settle on the purchase of Kohimarama Lodge and “ghosting” the vendors, who have relisted the property.
Illiquid loans and rising investor pressure are exposing structural risks in private credit, with software lending now under growing scrutiny.
Inflation data, Amazon’s retail dominance, and new Silicon Valley micro-economies highlight deep shifts in the U.S. economic landscape.
A ratified UAW deal in the South raises new questions about the long-term direction of Volkswagen’s Chattanooga plant.
A major New Zealand bank has cut several fixed home loan rates following a Reserve Bank decision, offering potential relief and planning certainty for borrowers.
The Reserve Bank governor has urged businesses to remain disciplined on pricing and costs as inflation eases but economic conditions stay restrained.
PayPal is facing a securities fraud class action lawsuit, reflecting rising investor scrutiny and pressure for transparency in the fintech sector.
OpenAI’s 2030 revenue forecast reflects the rapid expansion of AI as core digital and economic infrastructure.
Lenders showed reluctance toward debt financing for a CoreWeave data center, signaling growing caution in AI and infrastructure credit markets.
Wellington’s Boat Café & Bar will close amid challenging hospitality conditions, marking the end of a long-standing waterfront fixture.
Claims by a Trump adviser involving Meta and Microsoft intensify political scrutiny of Big Tech and deepen debates over tech power and influence.
Former Google employees face federal charges over alleged theft of Tensor AI technology, highlighting rising risks around AI intellectual property.
Auction clearance rates have slipped back to mid-winter levels, reflecting cautious buyers and higher borrowing costs in New Zealand’s property market.
A medical tourist alleges overseas surgery severely damaged her stomach and is seeking compensation, highlighting the risks and legal challenges of cross-border healthcare.
DTE customers are set to pay more after regulators approved a new rate increase, reflecting rising energy infrastructure and operating costs.
Tariff pressures are straining U.S. households and businesses, contributing to depleted savings and weaker consumer sales.
Persistent inflation is expected to keep the Federal Reserve on hold as policymakers wait for clearer signs of lasting price stability.
More Americans report experiencing extreme cold, reflecting changing weather patterns and growing awareness of climate-related extremes.
Texas is emerging as a major global hub for data centers, driven by energy access, land availability, and rising digital infrastructure demand.
Amazon’s cloud services faced two outages last year linked to AI tools, raising questions about automation and infrastructure reliability.
The FBI is warning that ATM “jackpotting” attacks are increasing, allowing criminals to force machines to dispense cash illegally.
CISA warns that a BeyondTrust security flaw is now actively exploited in ransomware attacks, raising risks for organizations using the software.
Traders are preparing for market volatility as tariff policy risks, geopolitical tensions with Iran, and Nvidia’s earnings converge.