World likely to blast beyond grim warming milestone in the next 5 years, UN weather agency says
On Wednesday, the weather arm of the United Nations said that within the next five years, the world likely will surpass a key warming threshold briefly.
Private payrolls growth slows to 152,000 in May, much less than expected, ADP says
Private job creation slowed more than expected in May, signaling further slowing in the labor market.
Electric air taxi maker Archer Aviation gets key FAA sign-off
The FAA granted Archer Aviation its Part 135 certificate, “which allows us to effectively become an airline,” CEO Adam Goldstein told CNBC.
Mortgage demand falls for the second straight week, but all eyes are on Friday’s jobs report
Mortgage interest rates last week moved to the highest level since early May, and that pushed mortgage demand lower for the second straight week.
Australia drops case against Elon Musk’s social media platform X over church stabbing footage
Australia’s online safety regulator on Wednesday announced it had dropped its legal battle against Elon Musk’s X.
Intel wants to build ‘everybody’s AI chips,’ CEO says, as company plays catch-up with rivals
Intel wants to regain leadership in the chip industry after losing market share opportunities to rivals, its CEO said.
Amazon’s first U.S. labor union moves to affiliate with Teamsters
The Amazon Labor Union, which has faced setbacks since its landmark victory on Staten Island, is now looking to affiliate with the Teamsters.
Databricks acquires data optimization startup Tabular in fresh challenge to Snowflake
Databricks interrupted Snowflake’s conference to announce the acquisition of a startup that can help companies prepare data for more cost-effective queries.
Here’s how ‘spaving’ could hurt your finances
Spending more to save more, or “spaving,” is a common trick retailers use. But consumers may find it adds to their credit card debt.
Ford EV and hybrid sales surge 65% in May
Ford on Tuesday reported roughly 65% increases in sales of both hybrid and all-electric vehicles.
