Business

This week, I flew to Austin to do what only a few have been able to: ride in Tesla’s Robotaxis. I took five trips that my rider companion and I found mostly smooth, but there were some bumps. We encountered three issues, including one in which the Robotaxi began to drive the wrong way onto an empty one-way street clearly …

(Bloomberg) — The second-quarter earnings season is off to a ripping start, with consumer strength powering resilient corporate profits. In the stock market, however, the reaction has been fairly quiet, an ominous sign that much of the good news is priced in — and investors are punishing disappointments. Most Read from Bloomberg Take financials, which reported blockbuster numbers this week …

A former Fox Business associate producer who accused ex-Fox News anchor Ed Henry of sexual assault was arrested on suspicion of battery in Florida.  Jennifer Eckhart, 34, pouted in her mugshot after she was detained in Palm Beach County at 1pm on Wednesday afternoon. She was released on her own recognizance without bail.  According to her arrest affidavit obtained by Daily …

Why cheaper power looks unlikely as Trump’s big budget law reshuffles the U.S. energy landscape  MarketWatch Power prices are expected to soar under new tax cut and spending law  NPR Why Washingtonians are rushing to go green  The Seattle Times How the renewable energy industry lost a massive lobbying fight over Trump’s agenda bill  CNN Opinion | Why Trump’s War on Solar Power Will …

AI guzzled millions of books without permission. Authors are fighting back.  The Washington Post US authors suing Anthropic can band together in copyright class action, judge rules  Reuters Judges Don’t Know What AI’s Book Piracy Means  The Atlantic AI companies accused of ‘largest domestic piracy of IP in our nation’s history’ at congressional hearing led by MAGA Republican  Music Business Worldwide (Podcast) The Briefing: …

According to many Zoomers, concerning reports of a “Gen Z stare” may be overblown. If it exists, they say, it’s simply a response to the idiocy of their elders. Somehow, though, the concept — recently articulated on TikTok — gained instant recognition from millennials, Gen X, and boomers, who describe it as a blank, if not worried, look as a …

Top economist drops 6-word verdict on Trump tariffs, inflation  TheStreet The Economy Seems Healthy. Were the Warnings About Tariffs Overblown?  The New York Times Trump Effect Starts to Show Up in Economy – WSJ  The Wall Street Journal Here’s when a top economist says the US will see the most damage from Trump’s tariffs  Business Insider Trump Trade News: Tariffs Show Up in More …

The one-two punch of strong earnings and tame inflation helped propel the S & P 500 to a positive week — despite the latest tariff news on Friday putting a slight damper on the action. The broad index added 0.59% for the week led by technology, utilities and industrials, while the tech-heavy Nasdaq outperformed, jumping 1.51%. Meanwhile, the Dow Jones …

Key Takeaway Market pundits now expect ETH to flip BTC amid several bullish catalysts. Options data showed traders were betting ETH could surge above $4K by July and tag $5K by December.  There is a growing consensus amongst Wall Street players that Ethereum [ETH] could flip Bitcoin [BTC] and get to the top crypto spot.  In a recent interview with …

After Stock Market’s Torrid Run, Earnings Misses Face Punishment  Bloomberg.comView Full Coverage on Google News Source link