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Categories Business

Retail sales slumped 0.9% in January, down much more than expected

February 15, 2025

Consumers sharply curtailed their spending in January, indicating a potential weakening in economic growth ahead, according to a Commerce Department report Friday. Retail

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Categories Business

Tariffs would be ‘catastrophic’ for sales of tequila and mezcal, industry group says

February 14, 2025

The U.S. spirits industry maintained its market share leadership over beer and wine for a third straight year in 2024, even as

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Categories Business

With Trump all-in on crypto, bitcoin bulls bet America’s corporate balance sheets are next

February 14, 2025

Last week, White House crypto czar David Sacks held his first press conference to discuss the future of crypto policy coming out

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Categories Business

How America’s chief consumer-protection agency came into the Trump administration’s crosshairs

February 14, 2025

When the Consumer Financial Protection Bureau made an appearance in the Heritage Foundation’s Project 2025 blueprint, the conservative group’s plan was simple:

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Categories Business

Google says U.S. faces a power capacity crisis in AI race against China

February 13, 2025

The U.S. is facing a power capacity crisis as the tech sector races against China to achieve dominance in artificial intelligence, an

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Categories Business

Prebiotic soda brand Olipop valued at $1.85 billion in latest funding round

February 13, 2025

Prebiotic soda brand Olipop said Wednesday that it was valued at $1.85 billion in its latest funding round, which raised $50 million

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Categories Business

Google says U.S. is facing a power capacity crisis in AI race against China

February 13, 2025

The U.S. is facing a power capacity crisis as the tech sector races against China to achieve dominance in artificial intelligence, an

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Categories Business

AI-powered sports media company raises $13 million, led by Alexis Ohanian and Giannis Antetokounmpo

February 12, 2025

ScorePlay, an artificial intelligence service for sports clips, has raised $13 million in series A funding, the company announced Tuesday. The sports storytelling

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Categories Business

Elon Musk and investors offering $97.4 billion for control of OpenAI, WSJ reports

February 12, 2025

Elon Musk is leading a group of investors in offering to buy control of OpenAI for $97.4 billion, The Wall Street Journal reported on

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Categories Business

McDonald’s revenue disappoints as U.S. sales see worst drop since pandemic

February 11, 2025

McDonald’s on Monday reported disappointing quarterly revenue, dragged down by weaker-than-expected sales at its U.S. restaurants following an E. coli outbreak just weeks into the

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