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This AI cycle is a story of Schumpeterian creative destruction as fragile IT consulting models face structural shifts. Check ...

AI startup Anthropic's claim of automating COBOL modernization sent IBM's stock plummeting, wiping billions off its market value. The decades-old language, still powering critical systems, faces a ...

Unlike in 2025, saving conditions entering Ramadan this year are weaker across income segments, limiting the spending before ...

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President Trump has gotten seven big AI developers to pledge they'll cover the cost of increased electricity production needed for their data centers.

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Alexandra Twin has 15+ years of experience as an editor and writer, covering financial news for public and private companies. Robert Kelly is managing director of XTS Energy LLC, and has more than ...