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Categories Economy

Amazon’s Nova AI agent launch puts it up against rivals OpenAI, Anthropic

April 1, 2025

Amazon on Monday released a new AI model that can take actions in a web browser on a user’s behalf, a move that puts it

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Categories Economy

Trump commutes sentence of Ozy Media founder Carlos Watson

March 30, 2025

President Donald Trump commuted the criminal sentence of Ozy Media founder Carlos Watson on Friday, just hours before Watson was due to begin serving a 116-month prison term

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Categories Economy

FCC is investigating Disney and ABC for DEI initiatives

March 29, 2025

The Federal Communications Commission has alerted the Walt Disney Company and its ABC unit that it will begin an investigation into the diversity, equity and

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Categories Economy

Lululemon shares drop 15% as CEO says inflation, economic concerns are weighing on spending

March 29, 2025

Lululemon beat Wall Street expectations for fiscal fourth-quarter earnings and revenue, but issued 2025 guidance that disappointed analysts. On an Thursday earnings call, CEO

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Categories Economy

Dollar Tree says it’s winning over higher-income shoppers and may offset tariffs with price hikes

March 28, 2025

Dollar Tree said Wednesday that it’s gaining market share with higher-income consumers and could raise prices on some products to offset President Donald Trump’s tariffs. The

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Categories Economy

Chinese tea chain Chagee files for U.S. initial public offering

March 28, 2025

Chinese tea chain Chagee filed for a U.S. initial public offering on Tuesday, seeking to trade on the Nasdaq using the ticker

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Categories Economy

Affirm announces JPMorgan Chase merchants can now offer installment loans at checkout

March 28, 2025

Fintech lender Affirm said Tuesday that it’s reached an agreement with JPMorgan Chase to offer its buy now, pay later loan services to merchants on the

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Categories Economy

Berkshire Hathaway employee wins $1 million in Warren Buffett’s March Madness bracket challenge

March 28, 2025

For the first time in nearly 10 years, a Berkshire Hathaway employee claimed Warren Buffett’s $1 million grand prize for his company’s NCAA bracket

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Categories Economy

Oil executives bluntly criticize Trump tariffs and ‘drill, baby, drill’ mantra

March 28, 2025

Oil executives are warning that President Donald Trump’s tariffs and “drill, baby, drill” message have created uncertainty in energy markets that is already

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