Google’s ad network has begun showing advertising within the flow of conversations with chatbots — part of Alphabet Inc.’s broader strategy to maintain its dominance in digital advertising amid the rapid rise of generative artificial intelligence. Earlier this year, Google AdSense, which traditionally displays ads in search results and web…
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Mortgage Rates Ease Slightly but Remain Elevated Amid Market Uncertainty
Mortgage rates dipped again on Thursday, marking the second consecutive week of modest declines, but they continued lingering in the elevated upper-6% range against the backdrop of economic uncertainty. The average rate on 30-year fixed home loans edged down to 6.76% for the week ending May 1, retreating from 6.81%…
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S&P 500 Under Pressure: Trump’s Second Term Marks Historic Volatility
The US stock market has been on a rollercoaster during President Donald Trump’s second term. The S&P 500 posted its third-worst 100-day start to a presidential term in US history, only behind Gerald Ford and Richard Nixon. The S&P 500 initially surged after Trump’s reelection in November on expectations for…
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PORTx Initiative at ASU Unites Athletics and Entrepreneurship to Fuel Innovation
Arizona State University has launched SPORTx, a universitywide initiative designed to accelerate sports-related entrepreneurial ventures and empower student-athletes. SPORTx will be headquartered in the heart of Sun Devil Athletics at Mountain America Stadium in Tempe, according to an official statement by the university. The new initiative is anchored by the…
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Apple Faces $900M Tariff Hit Despite Beating Q2 Expectations
Apple (AAPL) stock fell early Friday morning after the company said it expects to face a $900 million headwind as a result of tariffs in the current quarter. Pressed by analysts on potential tariff impacts beyond its June quarter, CEO Tim Cook declined to comment, saying he didn’t want to…
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Kohl’s Ousts CEO Ashley Buchanan After Ethics Probe Uncovers Policy Violations
Kohl’s has fired its newly installed CEO, who has spent less than five months in the position, after the retailer found that Ashley Buchanan engaged in unethical behavior. Buchanan’s dismissal was “for cause,” a rare rebuke of a business leader that carries serious weight in the business community. It comes…
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Washington Voters to Decide on Investing WA Cares Funds in Stock Market
Washington voters will be asked this fall to amend the state constitution to allow the state’s long-term care program, WA Cares Fund, to invest its funds in the stock market. The Washington State Legislature has put a measure on the November 4 ballot to change the current investment rules for…
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Trump-Backed Bill Aims to Supercharge U.S. Manufacturing with Bigger Loans
A cooperative framework between the Trump administration, the Senate DOGE Caucus chairwoman and the House’s top small-business lawmaker seeks to boost domestic manufacturing by doubling the capital small businesses can access. Manufacturing loans have increased by 74% during President Donald Trump’s first 100 days in office, sponsors of the Made…
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McDonald’s Faces Major U.S. Sales Slump, Warns of Global Pushback on American Brands
McDonald’s reported its worst quarterly sales for the United States since the height of the pandemic in 2020, the latest restaurant chain to be affected by America’s turbulent economic environment. The burger giant reported U.S. same-store sales fell 3.6%, the largest three-month drop since Q2 2020, when they plunged 8.7%.…
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23 Major Companies Just Pledged Billions to Rebuild America Under Trump
At a special White House event marking his first 100 days back in office, President Donald Trump gathered top CEOs from around the world to spotlight more than $8 trillion in private-sector investment commitments across U.S. industries. Trump praised the business leaders for driving what he called one of the…