Economy

Economy
Economy

Uber Eats rolls out AI cart assistant for grocery shoppers

Uber Eats is stepping up its push into grocery delivery by adding artificial intelligence to the shopping cart. The company said on Wednesday that its food delivery platform is introducing a new AI assistant designed to help customers build grocery baskets using simple text prompts or even photos of handwritten lists. The feature is being

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Economy

Why did Kraft Heinz suddenly hit pause on its breakup plan?

Kraft Heinz surprised markets on Wednesday by pressing pause on plans to explore a potential breakup. For months, the investors were debating whether splitting the packaged-food giant could revive growth and sharpen focus. Instead, management chose caution. The decision reflects a mix of multiple factors, like leadership change, difficult operating environment, and growing belief that

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Economy

India’s gold market faces headwinds despite Titan’s festive sales surge

India’s top jewellery maker, Titan Co., is reporting that customers are becoming cautious, with record-high gold prices dampening demand in the world’s second-largest bullion market.  Sales growth is now primarily driven by price increases rather than volume, with customer growth remaining “muted,” according to Chief Financial Officer Ashok Kumar Sonthalia in an interview with Bloomberg

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Economy

Sam Bankman-Fried pushes for retrial, claims prosecutors pressured witnesses

Sam Bankman-Fried has resurfaced on social media with fresh allegations about the conduct of US prosecutors during his criminal trial. The FTX founder claims that new evidence shows officials within the Biden administration’s Department of Justice pressured witnesses, either discouraging them from speaking or pressuring them to alter their testimony. His posts on X come

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Economy

Analysis: India reshapes Russian oil trade; market tightens as Moscow eyes China

At the moment, the oil market is riddled with different scenarios, which keep investors on their toes.  The prospect of India completely stopping Russian oil imports may lead to market tensions and supply mismatch, according to experts.  Moreover, experts argue, Russia would not be able to find alternative buyers if India stops purchasing oil from

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Economy

The anatomy of Bitcoin’s crash: macro, money and missing urgency

The past few months in crypto have felt less like panic and more like exhaustion. Bitcoin lost nearly half its value from the October 2025 peak near $125,000 to the low $60,000s as of early February. Talks about fundamentals, hype, fatigue, and fear are circulating. But the tone inside the market has been oddly restrained. That

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Economy

Bitcoin price down over 20% as analysts call bear market; DCR leads altcoin gains

Bitcoin price briefly fell to a 16-month low at $60,000 today before modest dip buying helped stabilise prices and sparked a modest recovery.  While the buy the dip crowd managed to prevent a further slide into the high 50s, the sentiment across the broader crypto space remains incredibly fragile. The crypto fear and greed index

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Economy

Bitcoin reclaims $70K, XRP rockets 20%: what’s fueling crypto market’s surge

Cryptocurrency markets extended their rebound in US morning trading on Friday, with Bitcoin climbing back above the $70,000 mark after a sharp sell-off earlier in the week, as improving sentiment in global equity markets helped drive investors back into risk assets. Bitcoin rose nearly 17% from its late-Thursday low near $60,000 and was up about

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Economy

Evening digest: Amazon’s AI capex, Bitcoin, XRP rebound, Goldman’s AI pivot

Markets remained on edge through the week, with Big Tech spending fears, central-bank signals, and a sharp crypto rebound colliding in a volatile session. Amazon shares slid on alarm over massive AI capital spending, while India’s central bank stood pat on rates, striking a steady tone on growth. Wall Street also digested Goldman Sachs’ push

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Economy

Gold reclaims $5,000, silver surges 6% as experts say bullish momentum intact

Gold prices reclaimed the psychologically crucial level of $5,000 per ounce on Monday as economic data from the weekend boosted sentiment.  A weaker dollar against a basket of major currencies lifted prices as it makes commodities priced in the greenback cheaper for overseas buyers.  Gold experienced a surge, moving beyond the significant $5,000 level during

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