Finance
Big Tech’s AI spending bonanza isn’t slowing down anytime soon.On quarterly earnings calls with investors this week, Amazon, Microsoft, Google, and Meta all raised capex guidance for the year as the AI race intensifies.The level of investment represents a dramatic spike in spending in a short period of time. Amazon…
This as-told-to essay is based on a conversation with Samantha Stobo, a 32-year-old who lives in Miami with her mom. It has been edited for length and clarity.When your life feels like it’s falling apart, it might actually be coming together. I was in a bad place in 2022, but…
Following a disappointing jobs report on Friday, President Donald Trump said he plans to fire the Bureau of Labor Statistics commissioner.Dr. Erika McEntarfer was appointed to the BLS in January 2024 by former President Joe Biden.”We need accurate Jobs Numbers. I have directed my Team to fire this Biden Political…
Sharon Stone has been asked to play the villain so many times in her career that she’s lost count.But she gets it. Her most famous role, playing the ice-pick-wielding seductress Catherine Tramell in the 1992 sensation “Basic Instinct,” turned her from a 1980s B-movie starlet into an international sex symbol,…
In a major blow to Tesla, a Florida federal jury on Friday found Elon Musk’s electric car company partly to blame for a 2019 crash that left a 22-year-old woman dead and her boyfriend seriously injured.The jury sided with the plaintiffs, awarding the family of Naibel Benavides Leon and her…
Good news, computer science majors. One of the biggest names in AI thinks your degree is still valuable.Bret Taylor serves as chairman of OpenAI, the AI giant that recently rolled out its own AI coding agent, Codex. The tool is set to compete with Anthropic’s Claude Code, Cursor, Replit, and…
Finding and getting rid of a pesky bug in your home can be a challenge. On a large farm, this task can be even more difficult and costly.Many farmers turn to pesticides to eliminate bugs and prevent crop damage. The US Department of Agriculture predicts that farmers will spend $18.1…
Sean “Diddy” Combs is no “mere John,” federal prosecutors say in urging he be kept behind bars.Combs is “far from being an ordinary and casual consumer of commercial sex,” they argue, lambasting the rap mogul and his baby oil-soaked history of freak offs in a new, 11-page court filing opposing…
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The US economy added 73,000 jobs in July, missing the expected 106,000, and unemployment increased to 4.2%.June’s job growth was revised from 147,000 to 14,000, and May’s job growth was revised from 144,000 to 19,000. The new report said these “were larger than normal” revisions, and there were 258,000 fewer…
