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Finance news, market insights and trends for today’s professionals.

6h

'AI boom' insulates global growth from shocks. Global stocks remain near record levels, despite the war in the Middle East, rising oil prices and renewed risks to shipping through the Strait of Hormuz, which continue to elevate geopolitical stress. Recent market analysis highlights how gains in large technology and AI‑linked stocks have done the heavy lifting in supporting major equity indices.…

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Business news, insights and ideas shaping the world of work and commerce.

8h

‘Absolutely not’: Macca’s boss vows no staff cuts as AI-powered drive-thru comes to Sydney Macca’s has begun trialling a huge change to its drive-thru that could solve one of the fast-food giant’s biggest customer gripes. In Schofields in western Sydney, 50km from the CBD, locals doing a late-night Macca’s run may have noticed a major change to the drive-thru over the past few weeks. The…

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A federal jury in San Diego found that Apple owes Taction Technology more than $5.7 billion for infringing two of its patents. A federal jury in San Diego awarded Taction Technology more than $5.7 billion in damages Friday after finding that Apple infringed claims from two haptics patents. Taction sued Apple in 2021 in the U.S. District Court for the Southern District of California. The company…

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