Microsoft’s mammoth AI bet will lead to over $100 billion in data center leases
Microsoft expects to spend over $100 billion on leases to ensure it has the data center infrastructure to meet generative artificial intelligence demand.
A historic strike is underway at U.S. ports — and the impact on global supply chains could be huge
A massive dockworker strike at seaports on the U.S. East and Gulf coasts is expected to wreak havoc on global supply chains and the economy.
How investors can position their portfolios ahead of the 2024 presidential election
Differences in GOP and Democratic economic policies mean there are nuanced ways for investors to position their portfolios based on the election outcome.
In the wake of Hurricane Helene, questions about government response emerge
In western North Carolina, where more than 40 people have died, some residents say the government was unprepared for the storm.
CVS is working with advisors on strategic review, sources say
CVS Health’s board has engaged advisors to conduct a strategic review of its business, according to people familiar with the matter.
State judge strikes down Georgia abortion ban
The law, which took effect in 2022 after the Supreme Court’s reversal of Roe v. Wade, banned abortion around six weeks of pregnancy in the battleground state.
Watch Fed Chair Jerome Powell speak live on economy, policy views
The central bank leader speaks Monday to the National Association for Business Economists in Nashville.
Ford aims to boost EV sales, address owner concerns with new benefits program
The “Ford Power Promise” program begins Tuesday for customers who purchase or lease a new Ford EV such as the F-150 Lightning or Mustang Mach-E.
Mark Cuban warns Elon Musk: Trump’s ‘loyalty is only to himself’
Mark Cuban is supporting Vice President Kamala Harris, while Elon Musk has endorsed ex-President Donald Trump in the 2024 election.
