Why electricity prices are surging for U.S. households
Electricity prices are outstripping the pace of inflation by a wide margin — a trend likely to continue in coming…
Economy
After Zuckerberg spent billions on an AI ‘dream team,’ he has to deliver for Meta shareholders
Meta CEO Mark Zuckerberg has been on a two-week spending binge, hiring the priciest AI developers in an effort to…
A ‘terrible spiral of escalation’: World braces for intensifying Iran-Israel conflict
Chances at diplomacy are looking bleak as Iran and Israel continue to trade increasingly deadly blows. ...
Trump rips into ‘too late’ Jerome Powell after Fed holds rates steady
President Donald Trump has long criticized Federal Reserve Chair Jerome Powell for not lowering interest rates. ...
Meta tried to buy Ilya Sutskever’s $32 billion AI startup, but is now planning to hire its CEO
Meta plans to hire Safe Superintelligence CEO Daniel Gross and former GitHub Nat Friedman to beef up the company's AI…
In race to attract data centers, states forfeit hundreds of millions of dollars in tax revenue to tech companies
Amazon, Meta and Google are among the beneficiaries of state tax exemptions for data centers that help power AI. ...
Social Security retirement trust fund may be depleted in less than a decade, new trustees’ report finds
The Social Security Administration has updated its projections for how long the trust funds it relies on to help pay…
‘Tariff engineering’ is making a comeback as businesses employ creative ways to skirt higher duties
Global manufacturers are rethinking their products design, looking to tap into a lesser-known legal technique known as "tariff engineering" to…