Business

Fed officials grow more outspoken—and split—over interest rate cuts

Federal Reserve officials are having a hard time agreeing on what lies ahead for the U.S. economy in a time of unprecedented tariffs, a straining

Business

Coding is supposed to be genAI’s killer use case. But what if its benefits are a mirage?

Hello and welcome to Eye on AI…In this edition: Meta is going big on data centers…the EU publishes its code of practice for general purpose

Business

Trump tax law quietly takes aim at popular perk: office snacks

The SkinnyPop in the break room may not last. Donald Trump is targeting the office snack. The president’s signature tax law allows a long-standing business

Business

Meet Apple’s next COO Sahib Khan, a 30-year veteran who will oversee the iPhone maker’s supply chain amid the ‘Trump tariff black cloud’

Apple named a new operational czar after longtime chief operating officer Jeff Wiliams announced his impending retirement Tuesday. The company promoted Sahib Khan to Williams’

Business

Death toll in Texas flash floods nears 70 as sheriff says 11 campers remain missing

The death toll from flash floods that rampaged through Central Texas rose to at least 67 on Sunday as rescuers maneuvering through challenging terrain found

Business

Tesla’s shock Q2 delivery surprise may have been driven by smaller unexpected markets, leaving Wall Street puzzled

After Tesla stunned the market on Wednesday with quarterly sales that were nowhere near as bad as feared, investors are racking their brains trying to

Business

This summer will be decisive for the economy and Wall Street 

If you followed the seasonal investing advice of “sell in May and go away,” you may want to reconsider because the outlook for the economy

Business

How Amazon and Walmart may be disrupted by ChatGPT and Perplexity

Scot Wingo knows a thing or two about e-commerce disruption. A dozen years ago, the longtime entrepreneur rode an earlier online shopping boom to an

Business

Trump’s chip tariff threat sparks pushback from auto industry to tech

Blowback to President Donald Trump’s idea of tariffs on imported semiconductors is proving to be broad and deep, stretching from auto companies and boat makers

Business

Top economist sees scenario where Trump ‘outsmarted all of us’ on tariffs

Businesses and consumers remain in limbo over what will happen next with President Donald Trump’s tariffs, but a top economist sees a way to leave