Inflation eased to 3.5% in June, driven by a significant fall in energy costs, lifting U.S. stock markets and pushing Treasury yields lower despite persistent price pressures in other sectors.
Canva allows employees to select their preferred AI tools and dedicates time for experimentation, rejecting mandatory tool usage to foster innovation and comfort.
IBM’s stock dropped sharply after the company reported weaker-than-expected quarterly revenue and earnings, driven by mainframe shortfalls and delayed deal closures.
U.S. lawmakers challenged the Pentagon on the rising financial toll of ongoing airstrikes on Iran amid strategic shifts involving the crucial Strait of Hormuz.
A recent rate shift by Bryan Texas Utilities cuts payouts for solar energy sent to the grid, causing some homeowners’ bills to surge dramatically despite delayed notification.
The Justice Department has subpoenaed multiple top law firms connected to legal agreements made with Trump’s team, escalating a behind-the-scenes courtroom battle.
An AI-driven drug startup supported by OpenAI seeks massive funding at a $2 billion valuation despite no approved AI-originated drugs to date.
California’s attorney general dismissed attempts by a Paramount executive to pressure regulators as the state leads a lawsuit blocking a high-profile Hollywood merger.
The UK-India trade agreement reduces whisky tariffs by half at launch, promises phased duty cuts across sectors, and aims to boost bilateral trade and GDP significantly.
Despite a notable drop in overall inflation driven by falling energy prices, rising food and shelter costs continue to burden households, limiting consumer spending growth.