Business

US and EU reach a trade deal that sets 15% tariff rate and pledges hundreds of billions in investments

The U.S. and European Union agreed on trade terms that include a 15% rate on most EU products as well as hundreds of billions of

Business

Stanford dropout Sam Altman says college is ‘not working great’ for most people—and predicts major change in the next 18 years

OpenAI CEO Sam Altman is so skeptical of college he doesn’t think his own kid will attend. Having dropped out himself—from Stanford University in 2005—the

Business

Astronomer’s new interim CEO breaks his silence after the tech company’s viral scandal shook the internet

Pete DeJoy, Astronomer’s interim CEO, spoke out after taking over for Andy Byron, the ex-tech CEO at the center of an internet controversy and affair

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