NEW YORK (AP) — If you bought something from a foreign supplier last year, it might be time to check your bank account. Carriers, including FedEx and UPS, that acted as customs brokers for imported packages and received tariff refunds from the U.S. government have begun transferring those refunds to customers who originally paid the … Read more
Futures are rising as US markets struggle to finish the week in positive territory ahead of the second day of new inflation data. Dow Jones Industrial futures rose 0.2% to 53,978.00, while S&P 500 futures gained 0.2% to 7,784.50 and Nasdaq futures rose 0.1% to 29,877.25. All three have fallen this week. The Labor Department … Read more
Twitch faces backlash over using Amazon content to train AI BBCAmazon will train on Twitch streamers’ content by default unless they opt out techcrunch.com Twitch faces fury as it confirms Amazon is training AI on its live streams Business InsiderHow to stop Twitch from training AI on its streams EngadgetTwitch content has trained Amazon’s AI … Read more
Economist Jeffery Degner shares the first steps lottery winners should take to protect their privacy, manage their winnings, and avoid costly mistakes. A ticket sold in Illinois matched all six winning numbers in Wednesday’s Powerball drawing to claim the $1.04 billion jackpot. The grand prize has an estimated cash value of $450.5 million and ranks … Read more
ALBUQUERQUE, NM – Verizon confirmed that “multiple fiber outages” were to blame for a service outage Wednesday in New Mexico, including Albuquerque. Verizon data showed that “data, voice, text and home wireless Internet are limited in this area” when searching several numbers in Albuquerque locations. The outage began Wednesday at 11:13 a.m. Verizon said service … Read more
Agriculture Secretary Brooke Rollins says Americans should see further relief in grocery prices as egg prices fall, beef costs decline and the Trump administration pushes to lower food prices. Whole Foods announced Wednesday that it is recalling certain products and prepared foods containing fresh jalapeno peppers supplied by Coast Citrus Distributors due to possible salmonella … Read more
Pakistan’s foreign minister has said three of its citizens were killed and one more wounded in a Houthi militia attack on a commercial ship in the Red Sea. The deaths would mark the first fatalities in the Red Sea since the Yemen-based and Iran-backed Houthis declared a blockade of the Bab al-Mandeb Strait on July … Read more
Cheryl Casone discusses the July CPI inflation report, which was in line with expectations. It highlighted a drop in energy and gasoline prices as stock futures rise and the Labor Department releases new economic data. Social Security beneficiaries are still expected to see a larger cost-of-living adjustment (COLA) in 2027 than this year, although it … Read more
A quick trip to your local supermarket may be about to end. Supermarkets, both small and large, are closing across the country as chains eliminate underperforming stores. In an earnings call last year, grocery giant Kroger said it would reduce its store count by 60 locations over the next 18 months, citing slow sales. The … Read more
What Happened: AI infrastructure stocks rose Wednesday after spectacular results from AI server hardware maker Supermicro (SMCI) and neocloud providers CoreWeave (CRWV) and Nebius Group (NBIS). IA hosting pairs Applied Digital (APLD) and IREN (IREN) rose. Other areas of the AI infrastructure trade also gained, including optical products maker Lumentum (LITE). Complex memory and storage … Read more