CPI is in line with expectations

The S&P 500 Index climbed 0.72% today, while the Dow Jones Industrial Average advanced 1.13% and the Nasdaq 100 Index gained 0.64%. September E-mini S&P futures were up 0.63%, and September E-mini Nasdaq futures rose 0.58%. Equities moved higher after the

Elon Musk has said: Apple, AAPL, is behaving in a manner that makes it impossible for any AI company besides OpenAI to reach #1 in the App Store, which is an unequivocal antitrust violation

Elon Musk claims Apple has made it “impossible” for any AI app other than ChatGPT to reach the top spot on the App Store — but recent history shows otherwise. Earlier this year, China’s DeepSeek did just that, and data suggests Musk’s own Grok app may have as well.

Texas data centers are projected to use 49 billion gallons of water this year, as the state faces a prolonged drought

Two San Antonio data centers — run by Microsoft and the Army Corps — used 463 million gallons of water between 2023 and 2024, even as residents faced strict Stage 3 drought limits allowing lawn watering just once a week. The spike comes amid a prolonged Texas drought and a broader surge

Trump threatened to allow a “major lawsuit” against Federal Reserve Chairman Jerome Powell to go forward because of Powell’s management of major renovations at the Fed’s headquarters in Washington, DC"

President Donald Trump is now hinting that Federal Reserve Chair Jerome Powell could be staring down a lawsuit — this time over what Trump calls mismanagement of costly renovations to the central bank’s historic headquarters. The warning, delivered Tuesday on Trump’s Truth Social account, marks the latest escalation in

Trump on CEO of Goldman Sachs, GS: "I think that David should go out and get himself a new Economist or, maybe, he ought to just focus on being a DJ"

Donald Trump took aim at Goldman Sachs CEO David Solomon on Tuesday, using his Truth Social account to criticize both the Wall Street executive’s economic predictions and his side gig as a DJ. “David Solomon and Goldman Sachs refuse to give credit where credit is due,” Trump wrote, touting

New BLS Chief Antoni suggests pausing monthly job reports

E.J. Antoni, President Donald Trump’s new nominee to lead the Bureau of Labor Statistics (BLS), has stirred sharp debate in both Washington and on Wall Street after openly suggesting he may halt the agency’s widely followed monthly jobs report over concerns about its reliability and methodology. Speaking

Perplexity makes $34.5 billion offer for Google's, GOOGL, chrome

Artificial intelligence search startup Perplexity has made an unexpected, unsolicited $34.5 billion bid to acquire Google’s Chrome browser — a bold move from a challenger to Google Search that hopes to redefine how people access information online. Perplexity spokesperson Jesse Dwyer confirmed the details of the offer to CNN,

Trump says "Gold will not be tariffed"

U.S. President Donald Trump announced Monday that he will not impose tariffs on gold, a decision that was quickly welcomed by global bullion markets and ended days of speculation that the precious metal could become entangled in the ongoing global trade disputes. “Gold will not be Tariffed!” Trump wrote

Trump extends China tariff deadline by 90 days

According to CNBC, President Donald Trump has signed an executive order extending the suspension of steep U.S. tariffs on Chinese imports for an additional 90 days, a White House official confirmed Monday afternoon. The move came just hours before the existing pause on the tariffs was set to expire

Supreme Court has been formally asked to overturn same-sex marriage ruling

A decade after the Supreme Court legalized same-sex marriage nationwide, the justices will soon face their first direct request to overturn that ruling. Kim Davis, the former Kentucky county clerk who spent six days in jail in 2015 for refusing to issue marriage licenses to a same-sex couple on religious

United States national debt hits $37 trillion

President Donald Trump’s domestic spending plan will add over $4 trillion to the national debt over the next decade, the nonpartisan Congressional Budget Office (CBO) said this week. The updated projection marks an increase from prior estimates, driven largely by expectations of higher interest rates that would raise the

Hotel occupancy rates in Las Vegas have declined to approximately 66.7% in July compared to the same period last year

Tourism in Las Vegas has taken a noticeable hit in the first half of 2025. According to the Las Vegas Convention and Visitors Authority (LVCVA), overall visitation to the city is down more than 6%, with April alone seeing just over 3.3 million visitors — a 5.1% decrease compared

Companies like Intel, IBM and Google have been freezing thousands of would-be new roles that AI is expected to take over in the next 5 years

Major firms like Intel, IBM, Google, and Amazon are freezing or cutting roles as AI reshapes their operations. Many affected jobs are in administrative or repetitive-task areas that AI could automate within the next five years. Intel is restructuring and halting major projects; IBM is pausing hiring for non-customer-facing roles;

1 in 7 Americans report using Buy Now, Pay Later service like Klarna, Affirm, and Afterpay to get groceries

More Americans are using buy-now, pay-later (BNPL) services for essentials like groceries, underscoring rising economic anxiety. A LendingTree survey found 25% of shoppers have used BNPL for groceries — up from 14% a year ago — and 41% have made at least one late payment in the past year, often repaid within

15.6% of Americans say they don't have enough food to eat

The United States is known for its economic strength — yet a growing number of Americans are struggling to put enough food on the table. A new Morning Consult survey, reported by Axios, found that in May, 15.6% of U.S. adults said they sometimes or often did not have

Trump says he's placing Washington, DC, police department under federal control and deploying the National Guard

President Donald Trump is pledging new measures to address homelessness and crime in Washington, D.C., including deploying the National Guard — a plan that has prompted legal concerns from the city’s mayor over who will be policing the streets of the nation’s capital. Speaking at a Monday news

Trump tells the homeless to leave Washington, D.C., ‘immediately'

On Sunday, Donald Trump took to social media to demand that Washington DC’s homeless population leave the capital or face eviction, again vowing to deploy federal officers to jail criminals — despite the fact that violent crime was at a three-decade low when he began his second term in January.

Trump is considering downgrading Marijuana’s drug classification

During a recent dinner at his private Bedminster, New Jersey, club, as President Donald Trump reminisced about his actions against the nation’s top economic statistician and mused on New York City politics, the discussion shifted to a politically charged topic still unresolved: easing federal marijuana restrictions. “We need to

Kamala Harris says she’s not running for office again because the system is ‘broken'

Kamala Harris says she has no intention, at least for now, of returning to what she calls a “broken” system of U.S. politics. In her first interview since losing the 2024 presidential election to Donald Trump, the former vice president spoke with Stephen Colbert on The Late Show Thursday

Trump has secretly signed a directive to the Pentagon to begin using military force against certain Latin American drug cartels

U.S. President Donald Trump has reportedly signed a classified order directing the Pentagon to carry out military operations against certain Latin American drug cartels, The New York Times reported, citing individuals familiar with the matter. The directive authorizes potential direct military action — both at sea and on foreign soil

The Trump administration is preparing to sell stock in mortgage giants Fannie Mae and Freddie Mac in an offering it believes could raise around $30 billion and kick off later this year

President Donald Trump and his economic team are preparing for what could be a record-setting stock sale of Fannie Mae and Freddie Mac, the government-controlled mortgage giants that underpin stability and affordability in the U.S. housing market. The Wall Street Journal first reported the plans, which have yet to

United States and Russia are reportedly planning a deal with Ukraine that would confirm Russian territorial gains

The U.S. and Russia are reportedly seeking a deal to end the war in Ukraine that would cement Moscow’s control over territory captured during its invasion, Bloomberg News reported Friday. According to unnamed sources cited by Bloomberg, officials from both countries are working on territorial terms ahead of

Bed Bath & Beyond relaunches with first store in Nashville, plans dozens more

Bed Bath & Beyond is making a comeback under a refreshed name: Bed Bath & Beyond Home. Parent company Brand House Collective, Inc. announced its first location will open in Nashville on Aug. 8, marking the brand’s return more than two years after filing for bankruptcy in April 2023,

Illinois has banned AI therapy, making it the first state to regulate the use of AI in mental health services

Illinois has become the first state to ban AI from providing mental health therapy, prohibiting its use for diagnoses, counseling, or treatment decisions while allowing it for administrative tasks. Violators face fines of up to $10,000. The move follows lawsuits alleging harmful interactions between AI therapy chatbots and minors,

Brazil: We want china to buy $1 billion in chicken feet

Indian Prime Minister Narendra Modi and Brazilian President Luiz Inácio “Lula” da Silva spoke by phone, their offices confirmed, covering a wide range of issues including U.S. tariffs on goods from both nations. During Thursday’s call, Lula confirmed he will make a state visit to India in early