Mondelez, maker of Oreo, sues Aldi for copying packaging to mislead shoppers
Mondelez International, a well-known snack food company, has filed a lawsuit against Aldi, accusing the supermarket chain of copying the…
US inflation slows down with minimal evidence of tariff effects so far
A key U.S. inflation measure showed a slowdown last month, indicating that President Donald Trump’s tariffs have yet to cause…
The “white-collar job massacre” hype is just part of the AI marketing spin
If the CEO of a soda company claimed that advancements in soda-making technology would wreck the global economy, most people…
Google and Justice Department Clash in Final Battle Over Search Monopoly
Google returned to federal court on Friday as it faces dual challenges: a major antitrust case brought by the U.S.…
Wall Street Pulls Back Slightly After Strong May Rally
U.S. stock markets gave up some of their recent gains on Friday, as investors responded to a combination of mixed…
China’s DeepSeek unveils update to AI model that shook US tech stocks earlier this year
Chinese AI startup DeepSeek quietly updated its R1 reasoning model early Thursday, intensifying competition with U.S. companies like OpenAI. The…
Victoria’s Secret Takes Down U.S. Website Amid Ongoing Security Incident
Victoria’s Secret has taken its U.S. website offline and is experiencing disruptions to some in-store services following a security incident.…
US court blocks many of Trump’s tariffs, Nvidia drives Wall Street rally higher
A strong rally in global stock markets that started in Asia on Thursday showed signs of slowing down amid ongoing…
U.S. Economy Contracts 0.2% in Q1 Due to Trump’s Trade Wars, Slightly Better Than First Estimate
The U.S. economy contracted at an annual rate of 0.2% from January to March, marking its first decline in three…
Macy’s Beats Expectations in Q1 but Lowers Profit Forecast Due to Rising Tariff Expenses
Macy’s experienced a slight decline in both sales and profit during its first quarter, attributing the dip to more cautious…