Durable Goods Orders Decline After Pre-Tariffs Surge
New orders for manufactured durable goods declined by 9.3% in June. Orders dropped by $32.1 billion to end…
TikTok Scam Drains $17 Million From New York ATMs
A viral cash-out scam linked to TikTok has drained $17 million from New York ATMs in under three…
Trade Group Says Tourism Downturn Could Hurt US Retail
A downturn in travel could hurt not only the tourism industry in the United States, but also its…
AI-Powered Chatbots Capture 5.6% of Desktop Browser Search
Artificial intelligence-powered chatbots reportedly account for a small but growing share of searches conducted through desktop browsers. The…
Perplexity Wants to Add Its Comet AI Browser to Smartphones
Search engine startup Perplexity AI reportedly hopes to add its browser to smartphones. The artificial intelligence (AI) company…
Block Joins S&P 500 as Crypto’s Mainstreaming Marches On
That’s per a Friday (July 18) report by Bloomberg News, which positions the news as a milestone for…
Meta Rejects European Commission’s AI Code of Practice
Meta will not sign the European Commission’s code of practice for general-purpose AI models, Chief Global Affairs Officer…
Consumer Sentiment Rose in July, but Inflation Concerns Continue
Consumer sentiment inched up in July to reach its highest level in five months, though it remained below…
AI Set to Reshape Labor Market
The Federal Reserve is not only studying how artificial intelligence (AI) is affecting the economy but also deploying…
AI Demand Has Wall Street Snatching Up Utility Companies
Wall Street investment giants are reportedly purchasing utilities amid the ongoing AI boom. The goal, as The New…