Business
Kroger Bets $1.65 Billion on Giant Eagle to Rebuild Its Regional Grocery Empire
Kroger just made the deal that Albertsons was supposed to be. The Cincinnati-based grocery…
Author: Scott Allan
Author: <span>Scott Allan</span>
Business
Nike Beats Earnings Estimates, but a $986 Million Tariff Refund Is Doing All the Heavy Lifting
Nike reported fiscal fourth-quarter revenue of $10.97 billion on Monday, slightly above the $10.86…
Crypto
Bitcoin ETFs Post Worst Month on Record With $4.5 Billion in June Outflows as Institutional Investors Retreat
U.S. spot Bitcoin ETFs shed $4.5 billion in net outflows during June 2026, their…
Legal
Supreme Court Strikes Down Campaign Spending Limits in 6-3 Ruling That Could Reshape Midterm Money
The Supreme Court on Monday struck down federal limits on how much political parties…
Markets
Wall Street Caps Its Best Quarter Since 2020 as the Dow Hits a Record and AI Chips Surge 88%
The numbers tell the story. The S&P 500 gained 14.8% in the second quarter,…
Business
Microsoft Cuts Thousands of Jobs and Weighs Closing Arkane Studios in Biggest Xbox Overhaul Yet
Microsoft is preparing to cut under 2.5% of its 228,000-strong global workforce, with the…
AI
Microsoft Plans Thousands More Layoffs as $190 Billion AI Bet Guts Non-AI Divisions
Microsoft is preparing to cut thousands of jobs across its sales, consulting, and Xbox…
AI
Fed’s Hammack Warns AI Infrastructure Boom Is Fueling Inflation, Says Rate Hikes May Be Needed
Cleveland Federal Reserve President Beth Hammack just put a price tag on the AI…
Business
EchoStar Prepares Chapter 11 Filing for Dish DBS, Betting $14 Billion Bankruptcy Will Unlock Spectrum Goldmine
Charlie Ergen built a satellite empire on the bet that Dish Network’s pay-TV cash…
AI
AI Has Eliminated 88,000 US Jobs in 2026, More Than Every Previous Year Combined
The number keeps climbing, and the companies doing the cutting are the same ones…