Microsoft’s AI boost helped cloud business outpace rivals Amazon and Google in latest quarter
Large cloud vendors are still helping clients work through necessary cost cuts, but Microsoft Azure has gotten a boost from artificial intelligence.
What China’s slow-motion real estate crisis means for the global economy
China’s property industry is collapsing in slow motion, with indebted major developers, and the IMF has cut growth forecasts, citing the sector as a big reason.
The Fed decision and jobs report are in the week ahead as Wall Street wraps up a brutal month
Investors will seek a shift in focus from Fed Chair Jerome Powell’s comments next week.
Spirit Airlines halts new pilot, flight attendant training after difficult quarter, Pratt engine issue
A Spirit Airlines memo said new pilot and flight attendant training would be suspended next month “until further notice.”
The Federal Reserve may not hike interest rates next week, but consumers are unlikely to feel any relief
The Federal Reserve is expected to announce no rate hike at the end of its two-day meeting next week. Here’s what that means for your wallet.
Rep. George Santos pleads not guilty to new fraud, identity theft charges
Santos hinted he would plead not guilty to the latest charges, and he repeated his vow not to resign from Congress.
Pharmacy staff from Walgreens, CVS say they’re at a breaking point — here’s what their days look like
Workers are concerned that Walgreens and CVS are placing unreasonable demands on them, without providing enough resources to safely execute tasks.
Key Fed inflation gauge rose 0.3% as expected in September; spending tops estimate
The core personal consumption expenditures price index was expected to increase 0.3% in September.
Democratic Rep. Dean Phillips launches a White House bid, challenging Biden
The Minnesota congressman has been a staunch critic of Biden’s re-election bid and has previously called on other candidates to challenge the president.
