Big lesson from this week’s earnings: AI buildout is not a zero-sum game
This week’s impressive earnings results showed that the AI buildout is not a zero-sum game: both hardware and…
Goodyear turnaround continues as cash flow lags
The exterior of Goodyear’s “Motor City Garage” concept retail store inside one of the tire manufacturer’s Detroit tire…
Tech backlash fever itch as AI angst collides with social media fears
A woman holds signs during a nationwide protest against AI data center expansion outside Peace Hall in New…
K, C or E? Why economists can’t agree on the shape of today’s economy
C. K. E. Those aren’t initials or Greek life letters. They’re some of the terms that economists, corporate…
Iran trade falls as sanctions pressure economy
A UAE navy ship sails next to a cargo ship in the Strait of Hormuz as seen from…
Meta’s $18 billion settlement puts TikTok, YouTube next on firing line
Meta CEO Mark Zuckerberg leaves the federal courthouse in downtown Los Angeles after defending the company in a…
Amazon sees more sales thanks to AI. Shares will rise, Evercore ISI says
Amazon.com is likely to see its shares rally as artificial intelligence drives more consumers to its online shopping…
Trump announces deal with Venezuela to secure more than 65 billion barrels of oil reserves
US President Donald Trump speaks in the Rose Garden of the White House in Washington, DC, on Aug.…
Bessent attacks Warren over yen intervention, offers ‘FX for Dummies’
Treasury Secretary Scott Bessent, left, and Sen. Elizabeth Warren, D-Mass. Getty Images Treasury Secretary Scott Bessent unleashed a…
Walmart settles U.S. government’s opioid lawsuit
Walmart logo sign is seen in Chicago, Illinois, Aug. 3, 2026. Marcin Golba | Nurphoto | Getty Images…
Big Tech’s AI spending is putting a longtime strengths to the test
The artificial intelligence spending boom is testing one of Big Tech’s greatest strengths: pristine balance sheets. Club holdings…
Fed Chairman Warsh warns on inflation at Jackson Hole
Federal Reserve Chairman Kevin Warsh expressed concern Friday about elevated inflation while hinting that interest rates could need…