
A Ripple, Not a Reckoning: How Arm’s CEO Sees the AI Software Sell-Off
Arm’s CEO calls the AI software sell-off a brief overreaction, suggesting markets are pausing to recalibrate expectations rather than abandoning artificial intelligence.

Arm’s CEO calls the AI software sell-off a brief overreaction, suggesting markets are pausing to recalibrate expectations rather than abandoning artificial intelligence.

The Bank of England is expected to keep interest rates unchanged, extending a cautious pause as inflation eases slowly and policymakers weigh fragile growth against lingering price pressures.

The Washington Post plans to lay off about one-third of its staff across the newsroom and other departments as it restructures under financial pressure.

Economic strain dominates life and politics across much of the world, even as the U.S. remains relatively insulated—revealing a growing gap in how urgency and stability are experienced globally.

The Toronto-area average home price has dipped below $1 million for the first time in five years, signaling a cautious market reset rather than a sharp downturn.

A new poll suggests most Canadians support the arrival of more Chinese electric vehicles, while still holding concerns about quality, security, and industry impact.

Toys ‘R’ Us Canada has filed for creditor protection, and gift cards will likely only be redeemable for a short 14-day period before they expire amid its financial restructuring.

An Ontario heavy machine operator has been reinstated after an arbitrator ruled there was insufficient proof of impairment following allegations of cannabis use at lunch.

A tiny Northland town has drawn attention for unusually low petrol prices, offering drivers a rare sense of relief amid wider fuel cost pressures.

The Electricity Authority plans to launch a new power bill comparison website next month to help consumers better understand and compare electricity costs.

The Commerce Commission has taken action against a TV shopping business, alleging it misled vulnerable customers through its sales practices.

Mobility users raise safety concerns about a Pak’nSave carpark, prompting a response from the retailer and renewed questions about how accessibility works in practice.

The Warehouse Group plans to cut about 270 head office roles as part of a major restructure aimed at reducing costs and simplifying operations.

A New Zealand cancer patient says accessing KiwiSaver funds during serious illness is too difficult, exposing gaps between policy intent and lived reality.

New Zealand winegrowers are leaving grapes unpicked as excess supply and softer global demand force the industry into a cautious reset.

Bahama Breeze is closing all its restaurants, ending a long-running Caribbean-themed dining brand as rising costs and shifting consumer habits reshape the casual dining industry.

Uber is seeing faster growth outside major cities and has appointed a new CFO, signaling a focus on disciplined expansion and financial control as its business map stretches outward.

PayPal has named Enrique Lores as CEO as its board signals urgency for faster execution, renewed growth, and a sharper response to rising competition in digital payments.

Yum Brands reported a mixed quarter, with Taco Bell delivering strong sales and traffic, while other brands showed uneven performance amid cautious consumer spending.

Anthropic’s new AI automation tool triggered global software stock sell-offs as markets reassessed the long-term value of traditional software models amid rising AI capabilities.

Alphabet’s massive 2026 capex forecast unsettled markets even as earnings beat, while AMD shares slid sharply on forward guidance, reflecting tech investor caution.

Gold and silver extend a cautious rebound as the dollar softens and rate expectations shift, though lingering volatility keeps investors measured and alert.

Morning headlines highlight Disney’s CEO search, Chipotle’s slowing traffic, and the end of a government shutdown, offering a quiet snapshot of shifting leadership and consumer mood.

The Washington Post has eliminated its sports department amid mass layoffs, reflecting broader newsroom restructuring and the shrinking place of dedicated sports coverage in legacy media.