Key Takeaways:
President Trump aims to boost military spending by $600 billion a year starting in October.
He plans to fund this increase with much higher import taxes, known as...
Grocery Prices See Largest Drop in Years, Eggs Lead the Fall
Grocery prices dropped significantly in April, the largest decline since 2020.
Eggs saw a 12% price drop, the biggest in over 40 years.
Egg prices were driven by increased imports and higher U.S. production.
Other foods like meats...
Key Takeaways:
Ada Carol Adkins, a 68-year-old retiree in West Virginia, struggles with poor internet and phone service from Frontier Communications.
A quarter of West Virginia counties face barriers to healthcare due to lack of high-speed internet and limited healthcare providers.
Frontier Communications received nearly $248 million to expand...
Key Takeaways:
Trump claimed grocery prices were falling, but many dismissed his statements.
New government data shows the sharpest drop in food-at-home costs in nearly five years.
This unexpected decline could impact inflation trends and voter perceptions.
Grocery prices have been a hot topic lately, especially with inflation affecting households....
Key Takeaways:
The U.S. and Saudi Arabia have signed a $600 billion investment deal.
The deal includes $142 billion for defense and security.
Focus areas: energy, technology, infrastructure, and critical minerals.
This partnership aims to boost U.S. energy security and create jobs.
Historic $600 Billion Deal Between the U.S. and...
Are you ready for a fresh new look on your Windows 11 computer? Microsoft has been hard at work redesigning the Start menu, and it’s getting some exciting updates. Let’s dive in and see what’s changing.
Key Takeaways:
Windows 11’s Start menu is getting a new design with more customization...
Key Takeaways:
General Motors (GM) has 12 EVs on the road, surpassing Ford.
New battery tech is key to making electric cars affordable.
GM’s goal is price parity between gas and electric vehicles.
Kurt Kelty, GM’s new battery chief, brings Tesla experience.
General Motors (GM) is making big strides in...
Key Takeaways:
House Republicans added a provision to a budget bill to stop states from regulating AI for a decade.
This could overturn existing AI laws in states like California and New York.
The ban would also halt upcoming AI rules set to take effect in 2026.
States may...
Key Takeaways:
Consumer prices rose 0.2% in April, matching economist expectations.
This growth reverses March’s 0.1% decline in prices.
Year-over-year inflation dropped to 2.3%, signaling cooling price growth.
Businesses faced challenges adapting to President Trump’s unpredictable trade policies.
The U.S. economy saw a small increase in inflation last month, as...
Key Takeaways:
Ticketmaster now displays all fees upfront when buying tickets.
This change follows a new Federal Trade Commission (FTC) rule requiring clear pricing.
The rule aims to stop hidden fees in industries like ticketing, hotels, and vacation rentals.
Customers will see the total cost immediately, avoiding surprises at...
Key Takeaways:
The stock market is nearing all-time highs, defying dire predictions.
Expert Tom Lee’s optimistic outlook is validated.
Fear-driven media narratives often exaggerate market risks.
Investors should focus on long-term trends over short-term noise.
The stock market is known for its dramatic swings, but the past month has been...
Key Takeaways:
Countries with lower GDPs often impose higher tariffs to protect local industries.
High tariffs can create trade imbalances but generate revenue for governments.
Low-income countries use tariffs to shield their industries from foreign competition.
While tariffs protect jobs, they can also increase costs for consumers.
Some countries...
Key Takeaways:
Stocks rise sharply after U.S.-China trade truce.
Investors feel hopeful about economic recovery.
Trade truce eases global economic tensions.
Global stock markets are thriving following a fresh truce in the trade dispute between the U.S. and China. Investors are breathing a sigh of relief as the agreement brings...
Key Takeaways:
OpenAI CEO Sam Altman visits Stargate’s data center in Texas.
Oracle is developing the site, with progress ongoing.
The project continues despite tech industry changes.
The center aims to serve OpenAI and other tech firms.
Introduction: Something big is happening in Abilene, Texas. OpenAI's CEO, Sam Altman, recently visited...
Key Takeaways:
US electric vehicle (EV) sales dropped by 5% in April, marking a rare decline.
Tesla's sales fell by nearly 13%, while Rivian's sales halved.
Traditional gas-powered vehicles saw a 10% sales increase.
Electric Vehicle Sales Hit a Speed Bump in April
After years of rapid growth, the electric vehicle...
Key Takeaways:
Apple's Eddy Cue hints at a new AI-focused search partnership during Google’s antitrust trial.
The partnership could challenge Google’s search dominance.
Apple’s entry into the search market might reshape the tech landscape.
Apple Explores AI-Powered Search Engine to Take On Google
In a surprising move, Apple’s senior vice president...
Key Takeaways:
Using AI tools like ChatGPT at work can make others think you’re less competent.
AI can help you work faster, but it might hurt how people see you.
Managers and coworkers might think you’re not as motivated if you use AI.
People may worry you’re not putting...
Key Takeaways:
Fidji Simo, Instacart's CEO, is joining OpenAI as CEO of Applications.
She will handle business and operations while reporting to Sam Altman, OpenAI's CEO.
Simo has a strong background at Meta, where she led Facebook and now sits on Shopify's board.
The announcement came earlier than planned...
Key Takeaways:
The Trump administration plans to rewrite a Biden-era rule on exporting advanced AI chips.
The old rule was called too complicated and harmful to innovation.
The new rule aims to simplify things and help the U.S. lead in AI technology.
The focus is on high-end chips like...
Key Takeaways:
Microsoft stops selling 256GB versions of Surface Pro 11 and Surface Laptop 7.
Only 512GB and 1TB models are now available, starting at $1,199.
This quietly raises the price for older Surface devices.
The new Surface Pro and Laptop now look like better deals by comparison.
If you’re...
Key Takeaways:
Apple is fighting a court ruling that forces it to change its App Store payment rules.
The ruling stops Apple from blocking developers from telling users about other payment options.
Apple says the changes could hurt their business and make the App Store less safe.
Other companies...
