BUSINESS
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Lamborghini CEO warns tariffs have even forced its wealthiest consumers—who have an average of 5 cars in their garage—to waver on buying a new ride
President Donald Trump’s tariff instability is putting the economy on hold, and even Lamborghini’s deep-pocketed customers aren’t immune. CEO Stephan…
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The emperor strikes back—but Trump’s revenge and deflection aren’t public protection
Deflection is not protection, unless you are President Trump, desperate to divert national attention away from your own failures and…
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Cracker Barrel’s first rebrand in nearly 50 years backfired. The company’s stock lost nearly $100 million after introducing a more minimalist look
One Americana brand isn’t getting the barrel-of-monkeys response they were hoping for when launching their new logo this week. Cracker…
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MAHA is reshaping Amazon and other consumer packaged goods companies’ supply chains more than tariffs right now
U.S. consumer packaged goods (CPG) giants are racing to get ahead of President Donald Trump’s Make America Healthy Again movement.…
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Trump’s tax cut could mean a nearly half-trillion-dollar cut to Medicare starting in 2027, CBO warns
The federal budget deficits caused by President Donald Trump’s tax and spending law could trigger automatic cuts to Medicare if Congress does…
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Elon Musk broadens his long-running feud with OpenAI’s Sam Altman by bringing in a third party: Apple
Elon Musk’s long-standing battle with OpenAI has a new participant: Apple. On Tuesday, Apple found itself the latest target of…
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This unprecedented shift in unemployment suggests AI could strand white-collar knowledge workers in a jobless recovery after the next recession
Businesses trying to do more with less have historically leaned on automation during recessions, but the advent of generative AI…
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Apple CEO Tim Cook’s $100 billion commitment to U.S. manufacturing came with a gift for Trump: a glass ‘Made in USA’ plaque mounted on 24-karat gold
As if a $100 billion promise to invest in U.S. manufacturing wasn’t enough, Apple CEO Tim Cook gave President Donald…
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Michael Saylor’s Strategy makes its third-largest Bitcoin purchase ever
Michael Saylor’s Bitcoin juggernaut is at it again, buying near the highs with the kind of capital-markets firepower no other…
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Stock market today: Dow sinks more than 500 points as job numbers shock Wall Street
More last-minute modifications to tariff rates and a disappointing July jobs report weighed heavily on investors on Friday. At the…
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