Income data reveals a shocking reality for the working poor in the US: the poorest 10% of Americans receive a mere 1.8% of total national income, which is less than …
Business
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The implementation of the sweeping semiconductor tariffs, a major piece of trade legislation from the Trump administration, is being internally slowed down as US officials react to the China card—the …
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The global bicycle market, from Chinese manufacturers to high-performance European brands, is bracing for a new wave of “expansionist” US tariffs. Guardian Bikes of Indiana has asked the Commerce Department …
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Google’s Gemini AI has scored a $1 billion-a-year victory, beating OpenAI and Anthropic in an extensive “bake-off” to power Apple’s new Siri. The “ultrapowerful” 1.2 trillion parameter model will be …
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A deep concern over shareholder “dilution” is driving Norway’s sovereign wealth fund, a $17 billion stakeholder, to reject Elon Musk’s $1 trillion pay package. If the deal passes, Musk’s ownership …
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As Chinese refiners drop Russian oil, all eyes are on potential new suppliers, and the US could benefit. A new trade truce coincides with China, the world’s top importer, actively …
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Amazon Cloud Business Accelerates: Three-Year High Achieved Despite System Vulnerability Exposure
by admin477351Amazon has unveiled exceptional financial results with its cloud computing division generating $33 billion in third-quarter revenue, representing a 20% year-over-year increase that marks the fastest growth rate the business …
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The case against Nvidia’s $5.05 trillion valuation is solidifying around two key points: a “circular” $100 billion deal with OpenAI and the widespread failure of corporate AI pilot programs. These …
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“It’s gonna be great for everybody,” President Donald Trump said of his upcoming meeting with President Xi Jinping, despite a festering dispute over rare earth minerals. The “big meeting” is …
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Elon Musk, the world’s richest person, used a Tesla earnings call as a bully pulpit, interrupting his CFO to attack critics of his $1 trillion pay package. He claimed the …