AI may be booming. But it’s sprawling data centers, filled to the brim with powerful chips, that are …
Soaring U.S. debt and projections that put it at astronomical levels in the coming years have set off increasing panic, though the precise level that sparks a crisis is unknown. But the Penn Wharton …
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Business
The American taxpayer spent nearly half a billion dollars deploying federal troops to U.S. cities in 2025, CBO finds
A new report by the Congressional Budget Office (CBO), released Jan. 28, provides the first comprehensive accounting of …
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Business
Amazon is closing its futuristic Go and Fresh stores—showing logistics and tech aren’t enough to make old-school retail work
As any local shop owner will tell you, running a brick-and-mortar business in the age of Amazon is …
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In a press conference Wednesday following the Federal Reserve’s decision to hold interest rates steady, Chair Jerome Powell …
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Business
ServiceNow stock falls despite earnings beat as CEO Bill McDermott tries to get investors to stop thinking of it as a SaaS company
ServiceNow CEO Bill McDermott has been on a mission to persuade investors to stop thinking of his enterprise …
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Business
More than 30 years after fraud at Archer Daniels Midland inspired a Matt Damon film, the company was hit with a $40M fine in a price-fixing probe
Archer Daniels Midland Co. (ADM) is back in the headlines for all the wrong reasons. In the 1990s, …
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Business
Microsoft demand backlog doubles to $625 billion thanks to OpenAI, but hefty spending and slower revenue growth spook investors
It was an earnings report that contained some stunning numbers: Microsoft reported crossing a significant $50 billion quarterly …
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Business
Tesla reveals $2 billion investment in Elon Musk’s xAI and officially kills the Model S and Model X
Tesla CEO Elon Musk kicked off the new year by springing several eye-popping surprises on shareholders, including a …
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Business
JPMorgan, BofA will match the $1,000 ‘Trump Accounts’ for employees’ children. Here’s how to open an account
JPMorgan Chase and Bank of America are stepping up to bolster President Donald Trump’s new “Trump Accounts” initiative, …
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Business
Every U.S. Olympian is going home with $200,000, whether they medal or not, thanks to a billionaire’s $100 million gift
Athletes train their whole lives to compete in the Olympics, often forgoing other careers and financial savings for …
