AI Investment Pushes Up Consumer Prices Amid Inflation Concerns
Corporate spending on artificial intelligence is increasing prices for tech goods and utilities, contributing to higher inflation that economists expect to persist in the…
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SpaceX Stock Drops Despite Strong Earnings and Revenue Growth
SpaceX shares fell 8% after reporting strong quarterly revenue, as investors worry about heavy AI spending and upcoming share lockup expirations
U.S. Economy Loses 23,000 Jobs in July, Defying Forecasts
The U.S. unexpectedly shed 23,000 jobs in July, dragged down by losses in local education and retail sectors, signaling a slowdown in labor market…
Nevada Utility Sues Data Center Over AI Power Expansion Costs
Nevada’s largest energy provider sues data center developer Tract to resolve who should bear the cost of infrastructure upgrades required for AI-scale electricity demand
Gen Z Embracing “Dumb Phones” to Escape Social Media Addiction
Younger consumers are trading smartphones for simplified devices from startups like Dumb.co to curb social media use amid growing mental health concerns and legal…
Chipotle Removes Jalapenos Amid Minnesota Salmonella Outbreak, Stock Drops
Chipotle has pulled jalapenos from its Minnesota restaurants after a salmonella outbreak, leading to supply chain changes and an 8.8% stock decline
Airlines Ban Humanoid Robots from Flights Over Battery Safety Fears
Several major airlines, including United, Delta, and Southwest, have banned humanoid and animal-like robots on board or in checked luggage due to concerns over…
Nearly One in Four Americans Urge CEOs to Stop Being Greedy, Survey Shows
A recent survey reveals that 24% of Americans want CEOs to reduce greed amid rising living costs, highlighting widespread concern over economic inequality and…
Canadian Tourism Spending in U.S. Drops 25% in 2025 Amid Political Strains
Canadian visits to the U.S. fell by 25% in 2025, reducing tourism spending by nearly $1.7 billion amid heightened Canada-U.S. political and trade tensions
Johnson & Johnson Proposes $5.5 Billion Settlement for Talc Lawsuits
Johnson & Johnson has offered $5.5 billion to resolve approximately 76,000 talc-related lawsuits alleging ovarian cancer caused by its baby powder products