Business

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...

Key Takeaways: Google's antitrust trial is nearing its end, and the outcome could change the internet forever. Apple's testimony suggests Google's search traffic might be dropping, but Google disagrees. The DOJ wants to stop Google from paying to be the default search engine on devices. A drop in Safari...

Key Takeaways: The Wall Street Journal editorial board sees the US-UK trade deal as a positive step amid ongoing trade tensions. The deal is modest but could signal a shift in Trump’s trade policies. Trump’s trade wars have caused significant economic damage, but this deal may offer a way...

Key Takeaways: Meta is exploring the use of stablecoins, a type of cryptocurrency tied to the U.S. dollar, for payouts. A MAGA senator criticized Meta's plan, accusing the company of trying to control people's finances. This isn't the first time Meta has faced pushback over its cryptocurrency ambitions. Meta's New...

Key Takeaways: Meta is recruiting former national security and Pentagon officials to help win government contracts. The company is expanding its lobbying efforts in Washington, D.C. Meta wants to sell its AI and virtual reality tech to the federal government. Opening up its Llama AI model for military use...

Key Takeaways: Microsoft introduces the 12-inch Surface Pro and 13-inch Surface Laptop. Both devices are AI-powered with Copilot+, designed to enhance performance. Ultra-lightweight and built for portability. Long-lasting battery life, perfect for all-day use. Affordable starting price of $799. Introduction: Microsoft has exciting news for tech enthusiasts with the release of...

Key Takeaways: Broadcom is sending cease-and-desist letters to VMware users with expired support contracts. VMware perpetual licenses are no longer available after Broadcom's acquisition. Users with expired contracts cannot renew support, pushing them toward costly subscriptions. Some users are opting to use VMware without support or exploring alternative solutions. What's...

Key Takeaways: Disney to open a new theme park in Abu Dhabi, UAE. Located on Yas Island, developed in partnership with Miral. Aims to attract tourists from Middle East, Africa, India, Asia, Europe, and beyond. Seventh Disney resort, blending Disney's storytelling with Abu Dhabi's culture and architecture. Targeting regions...