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Microsoft, Meta, and Google just announced billions more in AI spending. Only Google convinced investors it’s paying off

Surging prices due to memory chip shortages have led to billions more in capital expenditures from Magnificent 7 companies—and many investors don’t like it.

By Amanda GerutApril 29, 2026
A man in a suit and tie
Meta just bumped its 2026 capex forecast up to as much as $145 billion for the AI boom—and investors flinched
By Amanda GerutApril 29, 2026
teri
Exclusive: America’s largest Black-owned bank launches podcast with mission to unlock hidden shame holding back generational wealth
By Nick LichtenbergApril 29, 2026
daca and tps protest sign
Supreme Court weighs Trump administration push to end protections for migrants from Haiti and Syria
By The Associated Press and Lindsay WhitehurstApril 29, 2026
pete hegseth
‘A strategic blunder’: Democrats confront Hegseth as the Iran war’s price tag hits $25 billion
By The Associated Press, Ben Finley, Stephen Groves, David Klepper and Konstantin ToropinApril 29, 2026
A broken grounded plane sits on the tarmac surrounded by machinery
Trackers will be added to emergency vehicles at LaGuardia following deadly March collision
By Bruce Shipkowski and The Associated PressApril 29, 2026
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People wait in long lines at the airport.
More airport disruptions may be coming as White House warns pay for TSA workers will ‘soon run out’

More than 1,000 TSA officers have quit since the shutdown began, according to Airlines for America, the U.S. airlines trade group that called Wednesday on Congress to fully fund the agency.

By Lisa Mascaro and The Associated PressApril 29, 2026
Risk of paralysis, bacteria, even death is no match for Americans’ thirst for raw milk

“It’s kind of like legalization of weed, right? If people want it, we should find a way to regulate it and do it safely.”

By Laura Ungar, Jonel Aleccia and The Associated PressApril 29, 2026
The national debt fix would cost $827 billion—roughly what America spends on its entire military, economists warn

A Cato Institute report lays out the scale of America’s fiscal reckoning as the tools that once tamed the debt are no longer available.

By Jake AngeloApril 29, 2026
Tom Steyer runs for California governor on class traitor platform: ‘I’m the billionaire who wants to tax other billionaires’

Steyer, 68, founded Farallon Capital Management in 1986 in San Francisco. Much of his political giving has focused on climate change.

By Sophie Austin and The Associated PressApril 29, 2026
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North America
More in North America
Hilton CEO Christopher Nassetta
Hilton’s CEO says the economy is actually C-shaped to the benefit of the middle class. Most of his competitors disagree

Hilton is the contrarian in a travel and hospitality sector that has been leaning into luxury as its primary growth engine.

By Tristan BoveApril 29, 2026
FedEx and UPS are pledging to give their tariff refunds back to consumers, and the sum will likely top $5 billion

“As soon as we ⁠get that money, we’re going to remit it right back to our customers,” UPS CEO Carol Tome said.

By Sasha RogelbergApril 29, 2026
Current price of oil as of April 29, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

By Joseph HostetlerApril 29, 2026
Trump’s picture on the passport to celebrate America’s 250th birthday: State Department preps limited release

The concept for the special passport, including a rendering of Trump’s stern-looking visage, had been under consideration for months.

By Matthew Lee and The Associated PressApril 29, 2026
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Europe
More in Europe
lagarde
The EU just blessed a car industry patent cartel—and the U.S. DOJ is fighting back

Europe’s new antitrust rules let BMW, Volkswagen, and Mercedes collectively negotiate down tech licensing fees. American regulators call it illegal.

By Ike BrannonApril 29, 2026
AI is changing who gets to be an expert. Are your colleagues ready to become ‘directors of intelligence’?

As AI transforms how knowledge is accessed and applied, it’s reshaping work, widening opportunity gaps, and elevating the human skills that matter most in a machine-driven world.

By Bruce BroussardApril 29, 2026
‘God save the king,’ Trump says as he welcomes Charles on America’s 250th anniversary of independence

Under gray, drizzly skies, Trump quipped that it was a “beautiful British day.”

By Steven Sloan, Josh Boak, Mary Clare Jalonick and The Associated PressApril 28, 2026
Activists call surging oil and gas profits ‘horrifying’ as energy giants post profits twice as high as 2025

As drivers sour on rising fuel prices, energy firms are making a killing.

By Tristan BoveApril 28, 2026
More in Europe
Asia
More in Asia
Islamic finance aligns naturally with ESG, says Maybank’s first-ever chief sustainability officer
Islamic finance aligns naturally with ESG, says Maybank’s first-ever chief sustainability officer

The amount raised for sustainable finance within the 57 countries of the Organization of Islamic Cooperation jumped from $17.8 billion in 2017 to $82.3 billion in 2024, according to a 2025 report from the World Bank.

By Angelica AngApril 29, 2026
A $500 million superyacht linked with Russia’s richest man was just able to pass through the blockaded Strait of Hormuz

The Nord, a 466-foot vessel connected to Russian steel magnate Alexei Mordashov, is the 12th largest superyacht in the world.

By Sasha RogelbergApril 28, 2026
China’s decision to block the $2 billion Meta-Manus deal shows how far Washington and Beijing are drifting apart over AI

Both Washington and Beijing now seek to maintain control of strategic technologies and prevent them from leaking to the other. 

By Nicholas GordonApril 28, 2026
Iran offers to reopen Strait of Hormuz amid oil price surge, but Trump seems unlikely to accept

With a fragile ceasefire in place, the U.S. and Iran are locked in a standoff over the strait, through which a fifth of the world’s traded oil and gas passes in peacetime.

By Samy Magdy, Jon Gambrell, Elena Becatoros and The Associated PressApril 27, 2026
More in Asia
Middle East
More in Middle East
Current price of oil as of April 28, 2026
Current price of oil as of April 28, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

By Joseph HostetlerApril 28, 2026
Current price of oil as of April 21, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

By Joseph HostetlerApril 21, 2026
Current price of oil as of April 14, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

By Joseph HostetlerApril 14, 2026
Current price of oil as of April 7, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

By Joseph HostetlerApril 7, 2026
More in Middle East
Global
More in Global
trump
Trump spent nearly $2 billion of taxpayer money to undo wind projects already underway. Dems demand answers

Rep. Jared Huffman of California said the administration is going to “light a lot of federal taxpayer money on fire if we let them.”

By Jennifer McDermott and The Associated PressApril 29, 2026
Jamie Dimon says bureaucracy sinks companies and the solution may be getting rid of the ‘jerks’ who don’t want to solve it

The JPMorgan CEO added that bureaucracy, complacency, and arrogance will take down a company faster than any outside competitor.

By Marco Quiroz-GutierrezApril 29, 2026
‘They left me no choice’: Powell isn’t going anywhere—blocking Trump from another Fed appointee

Powell said he’ll step down when the DOJ’s investigation is “well and truly over,” with no threats of revival.

By Eva RoytburgApril 29, 2026
Meta quietly rolls out stablecoin payments four years after demise of controversial Libra project

Creators can receive payouts in the stablecoin USDC on the Solana and Polygon blockchains, according to a new page on Meta’s website.

By Jack Kubinec and Ben WeissApril 29, 2026
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Latest Stories
Best mortgage lenders of April 2026
Personal FinanceBest mortgage lenders of April 2026
By Glen Luke FlanaganApril 29, 2026
WASHINGTON, DC - JUNE 25: Fed Chair Jerome Powell testifies before the Senate Committee on Banking, Housing, and Urban Affairs during a hearing to "examine the Semiannual Monetary Policy Report to the Congress" on Capitol Hill on June 25, 2025 in Washington, DC. Powell says that the central bank will wait for clearer economic signals on the effects of President Donald Trump's tariffs on the economy before cutting interest rates, despite pressure from the President and divisions among Fed officials. (Photo by Kent Nishimura/Getty Images)
BankingJerome Powell defies Trump one last time, holding rates steady: ‘The facts have moved decisively in the hawkish direction,’ top economist says
By Eva RoytburgApril 29, 2026
How JPMorgan’s CIO is reshaping work at the bank with a $19.8 billion annual tech and AI budget
NewslettersHow JPMorgan’s CIO is reshaping work at the bank with a $19.8 billion annual tech and AI budget
By John KellApril 29, 2026
They want their teams to win. The Liberty and Nets owners are funding scientific breakthroughs on human health that only billionaire philanthropy can  achieve
NewslettersThey want their teams to win. The Liberty and Nets owners are funding scientific breakthroughs on human health that only billionaire philanthropy can achieve
By Emma HinchliffeApril 29, 2026
Starbucks is winning customers back after investing $500 million in workers and stores
Workplace CultureStarbucks is winning customers back after investing $500 million in workers and stores
By Phil WahbaApril 29, 2026
Robinhood CEO says a ‘tokenization supercycle’ is underway
CryptoRobinhood CEO says a ‘tokenization supercycle’ is underway
By Jeff John RobertsApril 29, 2026
Emma Grede, who helped found the $5 billion Skims empire, rejects ‘celebrity CEO’ label: ‘I’m a CEO who’s done so well you know my name’
SuccessEmma Grede, who helped found the $5 billion Skims empire, rejects ‘celebrity CEO’ label: ‘I’m a CEO who’s done so well you know my name’
By Cheyann HarrisApril 29, 2026
Lloyd Blankfein, former chief executive officer of Goldman Sachs
SuccessFormer Goldman Sachs CEO: Ivy League geniuses aren’t always the most successful—This overlooked skill is key
By Emma BurleighApril 29, 2026
More LatestPage 69 of 100
Google’s AI overviews are 44% more likely to trash your brand than ChatGPT
AIGoogle’s AI overviews are 44% more likely to trash your brand than ChatGPT
By Marco Quiroz-GutierrezMarch 12, 2026
glp-wonderful
SuccessOzempic mania has even Olive Garden and The Cheesecake Factory cutting back on portion sizes
By Dee-Ann Durbin and The Associated PressMarch 12, 2026
iran
PoliticsIran’s new Supreme Leader warns of ‘opening other fronts’ in first statement from hiding
By Jon Gambrell, David Rising, Mike Corder, Natalie Melzer and The Associated PressMarch 12, 2026
evs
EnergyThis 55-year-old supply chain management professor took a gamble last year: he bought an electric vehicle
By Alexa St. John, Tammy Webber and The Associated PressMarch 12, 2026
Inside the Binance accounts internal investigators say helped transfer more than $1 billion to Iran-linked entities: A 79-year-old VIP Chinese trader and a suspected Iranian gold smuggler
CryptoInside the Binance accounts internal investigators say helped transfer more than $1 billion to Iran-linked entities: A 79-year-old VIP Chinese trader and a suspected Iranian gold smuggler
By Leo Schwartz and Ben WeissMarch 12, 2026
police
LawPolice officers shot a man in the back, then a cop took the first ambulance because of a ‘mild anxiety attack’
By Dave Collins and The Associated PressMarch 12, 2026
senate
Real EstateSenate passes bill to make housing more affordable, with no indication House or Trump will approve it
By Charlotte Kramon, Alex Veiga, Mary Clare Jalonick and The Associated PressMarch 12, 2026
Apple’s $599 MacBook Neo is a ‘shock to the entire market’—and PC makers are ‘taking it very seriously’ 
Big TechApple’s $599 MacBook Neo is a ‘shock to the entire market’—and PC makers are ‘taking it very seriously’ 
By Marco Quiroz-GutierrezMarch 12, 2026
trader
EnergyOil hits $100 a barrel and stocks sink as Iran War drags on with no end in sight
By Stan Choe and The Associated PressMarch 12, 2026
Huang passes a $1,000 New Taiwan dollar bill to a child in the crowd.
C-SuiteJensen Huang runs the world’s most valuable chip company. His bonus is $4 Million—if he’s lucky
By Jacqueline MunisMarch 12, 2026
donald trump
PoliticsTrump might get away with his new tariffs: The law he’s relying on survived over 3,600 legal challenges, and even Biden used it
By Jake AngeloMarch 12, 2026
A man stands amidst a field of corn.
EconomyFertilizer prices soar as Strait of Hormuz tensions rise—forcing U.S. farmers to rethink spring planting
By Sasha RogelbergMarch 12, 2026
Nvidia founder and CEO Jensen Huang
NewslettersForget basketball. Next week’s Nvidia GTC is the real March Madness for AI
By Sharon GoldmanMarch 12, 2026
A sign reading 'out of stock' is displayed at a gas station amid rising petrol prices in Manila, the Philippines
EconomyThe Iran war is reviving remote work across the world — from Denmark to Vietnam
By Tristan BoveMarch 12, 2026
The latest accounting on Trump’s Iran war show it could spike the national debt by $65 billion over 60 days
EconomyThe latest accounting on Trump’s Iran war show it could spike the national debt by $65 billion over 60 days
By Shawn TullyMarch 12, 2026
Worried worker looking at laptop
SuccessThe pay premium for job-hopping is disappearing—switching roles nearly has nearly the same payoff as staying loyal to an employer
By Emma BurleighMarch 12, 2026
Starbucks’ Howard Schultz moved to Seattle 44 years ago with his wife, dog, and not much else. Here’s how he built his $6.6 billion fortune
SuccessStarbucks’ Howard Schultz moved to Seattle 44 years ago with his wife, dog, and not much else. Here’s how he built his $6.6 billion fortune
By Sydney LakeMarch 12, 2026
trump
EnergyTrump just put Republicans’ hold on the Senate at risk while sending the national debt higher, Morgan Stanley says
By Nick LichtenbergMarch 12, 2026
Daymond John
SuccessShark Tank’s Daymond John revealed the rapper Ice-T taught him to quit cutting corners at work because ‘the time you think you saved today becomes the wall you face tomorrow’
By Preston ForeMarch 12, 2026
Former Tennessee Gov. Bill Haslam holding up his fingers.
Future of Work‘I don’t know if we’re ready’: Governors from each party appalled at 100-year-old federal workforce strategy
By Catherina GioinoMarch 12, 2026
altman
AISam Altman admits AI is killing the labor-capital balance—and says nobody knows what to do about it
By Nick LichtenbergMarch 12, 2026
altman
AI‘What will our kids do?’: One question was on every investor’s lips at Morgan Stanley’s big AI conference
By Nick LichtenbergMarch 12, 2026
Current price of Ethereum for March 12, 2026
Personal FinanceCurrent price of Ethereum for March 12, 2026
By Joseph HostetlerMarch 12, 2026
Current price of Bitcoin for March 12, 2026
Personal FinanceCurrent price of Bitcoin for March 12, 2026
By Joseph HostetlerMarch 12, 2026
Top CD rates from major banks March 12, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal FinanceTop CD rates from major banks on March 12, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerMarch 12, 2026
dario
CommentaryAnthropic just sued the Pentagon. The outcome could reshape the AI race with China
By Mark MinevichMarch 12, 2026
U.S. President Donald Trump speaks to the press after landing on Air Force One on March 11, 2026 at Joint Base Andrews, Maryland.
EconomyStagflation risks are rising due to Iran conflict, as economist warns it’s ‘getting harder to argue disruption will be temporary’
By Eleanor PringleMarch 12, 2026
Copilot logo on a phone.
AIMicrosoft launches Copilot Health, a dedicated space for personal health data and AI-driven insights
By Beatrice NolanMarch 12, 2026
Current price of oil as of March 12, 2026
Personal FinanceCurrent price of oil as of March 12, 2026
By Joseph HostetlerMarch 12, 2026
ruba
CommentaryMost AI investments fail—here’s what the winners get right 
By Ruba BornoMarch 12, 2026
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Apple cofounder Ronald Wayne—whose stake would be worth up to $400 billion had he not sold it in 1976—says that at 91, he has no regretsplaceholder alt text
By Preston ForeApril 27, 2026
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‘The cost of compute is far beyond the costs of the employees’: Nvidia executive says right now AI is more expensive than paying human workersplaceholder alt text
By Sasha RogelbergApril 28, 2026
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‘Take the money and run’: Johns Hopkins economist Steve Hanke on why the UAE quit OPECplaceholder alt text
By Shawn TullyApril 29, 2026
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