Tim Cook says RAM expenses are ‘unsustainable’ and Apple is going to raise prices - The Verge
Apple CEO Tim Cook told The Wall Street Journal that price increases are “unavoidable” due to a global memory shortage.
Dow closes 500 points lower as Warsh’s first Fed meeting sets off surge in bond yields: Live updates - CNBC
Wednesday's FOMC decision marks the first with new Fed Chairman Kevin Warsh at the helm of the U.S. central bank.
Roelof Botha joins SpaceX’s board of directors - TechCrunch
The former Sequoia Capital leader is filling an "existing vacancy" on SpaceX's board, days after the company went public in the largest IPO ever.
Dow logs worst day in a week, S&P 500 and Nasdaq tumble after new Fed chair underscores need to fight inflation - MarketWatch
Stocks close sharply lower after the Federal Reserve kept rates steady, but signaled hikes might be needed if inflation isn't tamed.
AP Exclusive: Bernie Sanders unveils plan to give the public direct ownership of AI companies - AP News
Sen. Bernie Sanders is proposing a plan to give Americans ownership stakes in the country’s largest artificial intelligence companies. The legislation shown first to The Associated Press would impose a one-time 50% tax on the stock of major AI companies and p…
Jeffrey Gundlach says Fed's Warsh is not going to be the 'easy money' chairman many hoped for - CNBC
Gundlach said Warsh's stance reduces the risk of overly accommodative monetary policy that could reignite inflation and push longer-term borrowing costs higher.
Papa John's closes 44 stores in multiple locations across the US - USA Today
Among the closures were five company-owned locations and 39 franchised locations.
These 50 early Amazon Prime Day deals are worth shopping before next week’s sale - CNN
This week’s best early Amazon Prime Day deals cover new tech from Apple, editor-approved Shark cooling fans and electric alternatives to your aging lawn mower.
Trump’s Justice Department urges court to throw out pollution lawsuit against Elon Musk’s company - CNN
In a highly unusual move, the Justice Department has asked a Mississippi court to throw out a lawsuit against Elon Musk’s company xAI for its use of polluting gas turbines to power a data center.