For months, Wall Street debated whether AI spending had become too much, too fast. Now, after calls by some of the industry’s biggest names to slow frontier AI development, investors are asking whether AI spending could slow, too. “Does a “pacing slowdown” necessarily imply a spending slowdown? We don’t think so,” Bernstein analysts wrote Monday,
In the check-out line of your local grocery store, there’s a nearly one-in-three chance someone there has used an app like Klarna or Affirm to finance their purchase of produce, milk, and eggs at some point. Their use of buy now, pay later could mean your groceries are about to cost more, economists have found.
Macklemore says he’s been kicked off Ed Sheeran’s tour because Robert Kraft, the billionaire owner of the NFL’s New England Patriots, took issue with his comments about the Palestinian territories. Macklemore had made the comments onstage while opening for Sheeran at New Jersey’s MetLife Stadium earlier this month. The singer Pink then reshared criticism of
U.S. President Donald Trump wants factories and investment moving south to the United States. Canadian Prime Minister Mark Carney is betting he can make billions flow north. About 300 CEOs and senior executives from some of the world’s biggest investment firms are gathering at the Four Seasons in Yorkville, a tony Toronto enclave of high-end restaurants
Emmys night has finally arrived. The 2026 Emmy Awards took over the Peacock Theater in Los Angeles on Monday, with “Law and Order: SVU” star Mariska Hargitay hosting. “The Pitt” led the nominations charge with 25, including outstanding drama series, best actor for Noah Wyle, and four nominations for best supporting actress. “Hacks” was close
Saudi Arabia’s closure of a major oil pipeline after a recent attack is raising fears that global energy markets in crisis because of the war with Iran could face even starker shortages, pushing prices higher for fuel and other essentials. The largest oil producer in the Middle East closed its East-West pipelineon Friday after the attack, which it blamed on
