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![]() Niamh RoweThe Daily Beast |
Here's what's at stake as the federal government opens its doors for generative artificial intelligence
The Trump administration’s 50% tariff on aluminum imports has left AriZona CEO Don Vultaggio contemplating the unthinkable – a price hike.
The company is shifting some production from China and Mexico in a move that could soften the impact of tariffs.
The announcement comes just days after OpenAI offered federal agencies ChatGPT for $1 and AWS gave $1 billion in cloud credits
Federal agencies will receive credits for cloud services, modernization, and training through 2028, the U.S. General Services Administration said
Amazon and Walmart are racing to reach Americans at the end of the line
Amazon's profits surged during the second quarter of the year, with its cloud business recording record revenue.
Customers will be able to transfer money from their Chase credit cards directly into their Coinbase account
Microsoft surpassed analysts' estimates for the second quarter on Wednesday, led by strong growth from its Azure cloud-computing unit, as demand for...
U.S. bank JPMorgan announced on Wednesday that Chase credi customers will soon be able to use their Chase credit cards to buy cryptocurrency, after...
Amazon will report its second-quarter earnings after the market closes on Thursday, and analysts expect revenue from its cloud computing business to...
U.S. consumer confidence rose slightly in July, signaling a cautiously optimistic sentiment despite broader economic headwinds
As the tech giant lays off workers and splurges on data centers, Wall Street gears up for strong AI revenue
Despite rising Treasury yields pushing up mortgage rates, buyer demand is staying resilient
Shares in GoPro, Krispy Kreme and Beyond Meat surged in early hours trading Wednesday after experiencing massive trade volume the day before
Startups are ditching workers for AI, raising the possibility of the world's first one-person unicorn
Microsoft has been poaching some of Google's top talent to build its AI assistant, Copilot
Reddit's army of retail traders have taken a recent interest in Opendoor, an online real estate startup
The investment is expected to create tens of thousands of new, highly-skilled direct and indirect jobs across the country
Shares in the world's largest chip manufacturer hit an all-time high, despite tariff uncertainty and currency fluctuations
The U.S. is heavily dosed up on cheap generic drugs made overseas — more so than any other country
A key emerging markets index is outperforming the S&P 500, one of only a few times in recent years that has happened
The AI chipmaker TSMC accounts for about 40% of the returns so far this year for the benchmark MSCI Emerging Markets index
Intel spinoff RealSense aims to "meet increased demand" for humanoid robots, as tech deepens its bet on automation
The Oregon layoffs are part of the troubled chipmaker's wider restructuring plans under new leadership
House prices are at a record high. Mortgages rates won't budge. But indications of a recovery are emerging
Washington has rolled back some export restrictions on key technologies and raw materials to China, signaling a possible softening of trade tensions
The startup behind ChatGPT isn’t happy about Robinhood’s attempt to bring private equity onto the blockchain
Women have made inroads into Corporate America. But venture capital is struggling to keep up with the times
Relative to income, loan balances are actually lower than they've been for decades. But there are signs of trouble already here
Mood lighting? In this economy?
The Department of Education restarted debt collection activities in May, marking the first time since before COVID that it has taken such measures
Krispy Kreme is pulling its doughnuts from McDonald’s restaurants as the collaboration takes a financial toll
Uber currently handles 1.5 million autonomous rides annually — a number that should rise quickly
New housing data reveals a nationwide slowdown, while pandemic-era regional trends reverse
Meta has been trying to lure the AI company's talent with big pay packages, according to OpenAI's CEO
The plant will make 10,000 cars annually, taking the self-driving race up a gear.
Small businesses are feeling slightly more confident, according to a Tuesday report. The NFIB Small Business Optimism Index increased by 3 points in...
Disney (DIS) now owns all of Hulu. The media and entertainment conglomerate has agreed to pay an extra $439 million to Comcast (CMCSA), according to...
The U.S. housing market has undergone an unprecedented shift: Sellers now outnumber buyers by approximately 490,000.Read more...
Vice President JD Vance has a message for cryptocurrency holders: “Don’t ignore politics.”Read more...
Federal Reserve Chair Jerome Powell met with U.S. President Donald Trump today at the White House to discuss the state of the economy.Read more...
Chevron (CVX) plans to let go of nearly 800 employees in Texas, according to a notice sent Wednesday to the Texas Workforce Commission.Read more...
Anthropic’s CEO Dario Amodei has issued a stark warning: Artificial intelligence could eliminate up to half of all entry-level white-collar jobs,...
Shein appears to be abandoning its hopes for a flotation in London.Read more...
GameStop (GME) has become the latest publicly-traded U.S. company to put cryptocurrency on its balance sheet.Read more...
Abercrombie & Fitch (ANF) stocktraded 25% higher on Wednesday morning after the clothing retailer posted better-than-expected results for the first...
Uncertainty among homeowners and buyers is at a three-year high, according to Bank of America’s (BAC) Homebuyer Insights Report published...
Trump Media & Technology Group has tapped investors for $2.5 billion to fund a cryptocurrency reserve.Read more...
Tesla’s (TSLA) European sales halved in April as consumer sentiment toward the U.S. battery-electric vehicle (BEV) maker continues to sour and...