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Wednesday, February 25, 2026

CECO Environmental to Acquire Thermon Group in $2.2 Billion Deal, Creating Industrial Solutions Powerhouse

CECO Environmental announces a $2.2 billion deal to acquire Thermon Group, creating a global industrial solutions leader in environmental and thermal technologies. Learn about the strategic benefits and transaction details.

Atlanta Fed Chief Bostic Issues Stark Warning on AI’s Potential Impact on U.S. Job Market

Atlanta Federal Reserve President Raphael Bostic warns that artificial intelligence could lead to higher unemployment rates, a challenge that monetary policy alone may not be able to address. Explore the potential economic impacts and policy implications.

Fed’s Goolsbee Urges Patience on Rate Cuts, Citing Persistent Inflation

Chicago Fed President Austan Goolsbee emphasizes caution on interest rate cuts, stating that inflation must show a clear path to the 2% target before further reductions are considered. He highlights concerns about services inflation and the risks of premature easing.

Aarav Shen

Aarav Shen is an esteemed journalist with over 15 years of experience reporting on business, finance, and economics. With a rich background that spans from Southeast Asia to the heart of Wall Street, Aarav offers a piercing global perspective on market dynamics and economic policy. His work, recognized for its depth and clarity, has shaped international dialogue, making him a trusted voice in a complex industry. Currently based in Hong Kong, he distills intricate financial trends into compelling narratives for a worldwide audience.

YouTube Surpasses $100 Billion Paid to Creators with New AI Tools

ChatGPT said: YouTube announced that it has paid out more than $100 billion to creators, artists, and media companies since 2021, highlighting the platform’s continued...

OpenAI Introduces Teen-Safe ChatGPT with Parental Controls

OpenAI has announced plans to introduce a dedicated ChatGPT experience for users under 18, incorporating robust parental controls and safety measures to protect teenagers...

Netskope Targets $7.3 Billion Valuation in Upcoming IPO

Netskope is preparing for its initial public offering with an ambitious target valuation of $7.3 billion, following an upward adjustment of its planned price...

Waymo Receives Permit to Launch Robotaxi Testing at San Francisco Airport

Alphabet-owned Waymo has received a permit to begin testing its robotaxi service at San Francisco International Airport, city officials and the company confirmed. The...

Microsoft and Tech Giants Commit $40B+ to AI Investments in the U.K.

Microsoft announced plans to invest $30 billion in the United Kingdom by 2028, focusing on expanding its artificial intelligence infrastructure. The investment includes $15.5...

Trump Extends Deadline for TikTok U.S. Divestiture Amid Framework Deal

President Donald Trump has once again extended the deadline for ByteDance to divest TikTok’s U.S. business, granting additional time until December 16 for...

StubHub IPO Prices at $23.50, Valuing Company at $8.6 Billion

Online ticketing platform StubHub has officially priced its initial public offering (IPO) at $23.50 per share, positioning the company with a market valuation of...

Amazon CEO Andy Jassy Targets Bureaucracy to Revive Startup Culture

Amazon CEO Andy Jassy is pushing to eliminate bureaucracy within the company as part of his broader mission to reset its culture and keep...

Baidu Stock Surges as AI Push Wins Investor Confidence

Baidu shares surged in Hong Kong on Wednesday, climbing nearly 16% as the company doubled down on artificial intelligence, a shift that has attracted...

Convenience Stores Gain Ground in Breakfast Battle Against Fast-Food Chains

Fast-food chains are facing growing competition at the breakfast table, with convenience stores increasingly capturing morning meal customers. In the three months ending in...

U.S. Orders Delta and Aeromexico to End Joint Venture Over Competition Concerns

The U.S. Department of Transportation has ordered Delta Air Lines and Aeromexico to end their long-standing joint venture, which has allowed the carriers to...

Zelman Housing Summit Expands Focus to Multifamily and Financing Trends

The annual Zelman Housing Summit has evolved into one of the most prestigious gatherings in the housing and real estate finance industry, attracting an...

J.P. Morgan Private Bank Launches Lifestyle Services for Wealthy Clients

J.P. Morgan Private Bank is expanding its offerings beyond traditional wealth management by launching a new lifestyle service for its affluent clients. The program...

United Airlines Expands Faster Than Rivals Despite Industry Headwinds

An oversupply of flights in the market has pressured airlines to slash fares this year and temper their growth ambitions. Yet United Airlines continues...

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