Fed Nearing Soft Landing in 2024 as Strong Jobs Report Eases Recession Fears

The U.S. economy has made a significant step toward achieving the elusive soft landing, following a robust September jobs report that exceeded expectations. The report suggests...

Foxconn Surpasses Estimates with Record Third-Quarter Revenue Amid AI Demand Surge

Taiwan’s Foxconn, the world’s largest contract electronics maker, has reported its highest-ever third-quarter revenue, driven by strong demand for artificial intelligence (AI) servers. The company, which...