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

US jobs report surprises with 130,000 hires in January as rate cut hopes fade

US employers added far more jobs than expected in January, delivering a rare upside surprise after months of subdued hiring and easing fears that the labor market was sliding into a prolonged slowdown. Payrolls rose by 130,000 last month, significantly above economists’ expectations, while the unemployment rate edged down to 4.3%, according to government data

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Economy

Will XLM revisit $0.136 low as market turns bearish? Check forecast

Bitcoin, Ether, and XRP are all in the red as the broader cryptocurrency market shed billions in market cap over the last 24 hours.  The bearish performance has spread to other leading cryptocurrencies, with Stellar (XLM) down by nearly 2%.  XLM is trading below $0.1600 at the time of writing on Wednesday, extending its correction

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Economy

Interview: $6,000 gold realistic as macro risks fuel rally: B2PRIME’s Mykuliak

At current levels, gold reflects both fear-driven flows and structural repricing with a move towards $6,000 looks realistic in the near future, says B2PRIME Group’s Eugenia Mykuliak.  Invezz spoke with Mykuliak, founder and executive director of B2PRIME Group, a global financial services provider for institutional and professional clients, in an exclusive interview to discuss price

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Economy

Bitget cuts stock perps fees to zero for makers ahead of earnings season, expanding access across markets

Bitget, the world’s largest Universal Exchange (UEX), announced the launch of zero maker fees and ultra-low taker fees for its stock perpetuals and precious metal perpetuals, effective from February 10 through April 30, 2026. The move positions Bitget as the lowest-cost venue in the market while offering one of the broadest selections of stock and

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Economy

US futures steady as retail sales, jobs and CPI data take center stage

US stock index futures were little changed on Tuesday morning after the Dow Jones Industrial Average set another all-time high in the previous session, as investors balanced recent market momentum against a busy week of economic data and corporate earnings. Dow futures rose 11 points, or about 0.02%. S&P 500 futures gained 0.013%, while Nasdaq

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