Microsoft Bets Big on AI with $34.9B Spending Surge
Microsoft reports $34.9 billion in capital expenditures to fuel AI growth, driven by Azure and a new $135 billion stake in OpenAI.
Business, Technology
Business
Business
GM Slashes EV Jobs After Tax Credit Axed
General Motors is laying off 1,750 workers indefinitely as EV demand plummets following the end of the $7,500 federal tax credit.
Business, Health
FDA Fast-Tracks Cheaper Biosimilar Drugs
The FDA has streamlined approval for biosimilars, aiming to cut drug costs—but legal and market hurdles remain.
Business, Economy
Fed Cuts Rates: What It Means for Your Wallet
The Federal Reserve’s latest rate cut brings modest relief to borrowers—but savers may see lower returns. Here’s what it means for your finances.
Business, Technology
AI Spending Spree: Bubble or Brilliance?
Tech giants are pouring hundreds of billions into AI, but concerns are mounting over whether this investment frenzy is sustainable or a sign of a looming bubble.
Business, Politics
Trump’s $10B Toyota Claim Debunked: What Really Happened?
Despite Trump’s claims of a new $10 billion Toyota investment in U.S. auto plants, the company clarified it has made no such new pledge—only continuing prior-level spending.
Business, U.S. News
Trump’s Factory Promise: Is U.S. Manufacturing Really Bouncing Back?
An in-depth look at the current state of U.S. manufacturing reveals modest regional gains and a tech-driven boom, but falls short of the sweeping revival promised by former President Trump.
Business, Economy
Fed Cuts Rates Again Amid Economic Fog
The Federal Reserve lowered interest rates for the second straight meeting, despite a government shutdown that’s hiding key economic data.
Business, International
Toyota to Sell U.S.-Made Cars in Japan After Trump Pressure
Under pressure from President Trump during his Tokyo visit, Toyota has pledged to sell American-made vehicles in Japan for the first time, as part of a broader $550 billion Japanese investment push in the U.S.
Business, Economy
UPS Slashes 48,000 Jobs in Massive 2025 Workforce Cut
UPS has eliminated 48,000 positions in 2025, with 70% affecting drivers and warehouse workers, as part of a major cost-cutting initiative.