Microsoft unveils a new AI deployment division that will place 6,000 engineers directly in customer offices, signaling a major shift from traditional software sales.
Federal Reserve official Beth Hammack describes AI infrastructure demand as 'insatiable' and warns that continued spending pressure could force interest rate increases.
Minnesota has ramped up direct communication with LeBron's camp, making an aggressive pitch for the 41-year-old to join Anthony Edwards and LaMelo Ball in pursuit of a fifth ring.
Meta is developing a cloud infrastructure business to sell AI computing power, setting up competition with Amazon, Microsoft, and Google. The move could transform the company beyond its advertising roots.
The June jobs report revealed the labor force participation rate has plunged to 61.5%—the lowest in 50 years outside of COVID. Nearly 5 million Americans have left the workforce in the past year alone.
At 42, LeBron James faces the most consequential free agency of his career. Six teams—including the Cavaliers, Warriors, and Heat—are vying for his services as he seeks one final championship.
The sportswear giant topped Wall Street estimates, but a one-time $986 million tariff refund and 17% plunge in China revenue reveal deeper challenges.
American employers added roughly half the expected jobs last month while leisure and hospitality shed 61,000 positions, raising questions about economic momentum.