Microsoft, Meta, Amazon, and Google are investing record sums in artificial intelligence while simultaneously slashing their workforces—a contradiction that defines the 2026 tech economy.
Chairman Warsh's first FOMC meeting shows a central bank split down the middle on whether to raise or cut rates, with tariffs, the Iran war, and AI spending all fueling inflation uncertainty.
The 96th All-Star Game features 26 first-time All-Stars, Junior Caminero's breakout moment, and Bryce Harper playing in his home ballpark when the AL meets the NL on July 14.
After 26 years of self-funding, Jeff Bezos brings in Coatue and major investors to compete with SpaceX's trillion-dollar lead.
July World Economic Outlook projects 3.0% global growth, but rising inflation and regional divergence threaten stability.
Cleveland's massive extension sends a message to the NBA's biggest free agent: come home and win another championship.
Xbox takes the biggest hit with 3,200 layoffs planned as Microsoft restructures around artificial intelligence, joining a wave of tech companies cutting workers while boosting AI spending.
The ISM Services PMI fell to 54 percent in June, marking 24 months of expansion but signaling that America's economic engine may be losing steam as the Fed holds rates high.