Business

ZEELAND, Mich. (AP) — A Michigan clock company that has helped people keep time for 99 years says it’s going out of business due to tariffs and other economic conditions. Howard Miller Co., which makes grandfather clocks, wall clocks and furniture, said production will be phased out this year. The company will stick around in 2026 to sell its inventory. …

Walmart Deals is almost over, but the retailer is still offering discounts across categories like tech, kitchen essentials and beauty. The sale starts on July 8 and will run for six days both in-store and online through July 13. Walmart+ members can also access exclusive benefits like free shipping and discounts on streaming, food, gas and more. I frequently cover …

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About 850,000 water bottles sold at Walmart stores are being recalled because they pose a “serious impact and laceration” hazard. Walmart is recalling its Ozark Trail 64 oz Stainless Steel Insulated Water Bottles because the lid can forcefully eject when someone tries to open the bottles after food or carbonated or perishable beverages, such as juice or milk, have been …

France Opens Criminal Investigation into Musk’s X  PCMag French probe of Musk’s X deepens as police are called in  Reuters France opens criminal probe into X algorithms under Musk  The Hill France launches criminal investigation into Musk’s X over algorithm manipulation  politico.eu France opens criminal investigation into X for alleged algorithmic manipulation  Cointelegraph Source link

The U.S. is inviting a debt shock if it continues on its current trajectory, which is starting to look like unsustainable student loans, according to Jared Bernstein, who previously served as the chair of President Joe Biden’s Council of Economic Advisers. In a New York Times op-ed on Wednesday, he acknowledged that he was once a longtime dove when it …

Global Economy: US Inflation to Pick Up on More Tariff Pass-Through  Bloomberg June Inflation Report Will Show Impact of Tariffs. Is the Market Ready?  Barron’s Week Ahead for FX, Bonds: U.S. Inflation Data in Focus  The Wall Street Journal A key piece of the next consumer-price report risks upsetting the bond market  MarketWatch New U.S. Inflation Data Next Week—This Is a Big One  BMO Economics …

In her last public appearance as CEO of X, Linda Yaccarino sat down last month at the Cannes Lions advertising conference with tennis great Serena Williams. Along with touting Williams’ forthcoming X podcast, the pair found common ground in their experiences with the social media platform long known as Twitter. The exchange took on new resonance this week in light …

Elon Musk has rejected reports that his artificial intelligence venture xAI is gearing up for a new fundraising round. A report had suggested that the company is looking at a funding round that could value the company between $170 billion and $200 billion. What Happened: Saudi Arabia’s Public Investment Fund (PIF) was reported to play a crucial role in this …

Tesla has begun rolling out Grok, an in-car conversational AI assistant developed by xAI, to eligible vehicles starting July 12. The feature marks the most direct integration yet between Elon Musk’s artificial intelligence startup and Tesla’s consumer product lineup, offering drivers hands-free access to a chat-style companion while on the road. Grok comes pre-installed on new vehicles According to Tesla’s …