Groupon Cuts Hundreds of Jobs as It Bets Its Future on AI
Groupon is cutting up to 400 jobs, nearly a quarter of its global workforce, as the company restructures around artificial intelligence. The layoffs are part of a broader plan to make the…
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A Reversal in AI Investment Could Shake Economies and Trigger a Stock Market Selloff
Investors should stop asking whether the artificial intelligence boom will end and start asking what will happen when it slows. His main point is not that the AI rally is about to…
UN Warns the Next Five Years Could Break Global Heat Records
A new United Nations climate report warns that the world is likely entering an even hotter period, with the next five years expected to bring record-breaking temperatures and more dangerous extreme weather.…
Trump-Backed Ken Paxton Defeats John Cornyn in Texas Senate Runoff
Texas Attorney General Ken Paxton defeated longtime U.S. Senator John Cornyn in the Republican Senate runoff, delivering a major victory for President Donald Trump and a painful defeat for the GOP establishment.…
Democrats Turn Stock Trading Into a Midterm Fight Over Corruption and Trust
Democrats are increasingly attacking each other over personal stock trading as the party tries to sharpen its anti-corruption message ahead of the 2026 midterm elections. The issue has become a major flashpoint…
OpenAI Foundation Pledges $250 Million to Help Workers Face AI Disruption
The OpenAI Foundation is committing an initial $250 million to help workers, communities, and economies manage the disruption caused by artificial intelligence. The nonprofit, which controls OpenAI, will use the money for…
Snowflake Raises Forecast as Corporate AI Demand Drives Cloud Data Growth
Snowflake raised its annual product revenue forecast as businesses increase spending on artificial intelligence and move more data workloads onto its cloud platform. The company now expects fiscal 2027 product revenue of…
Food Insecurity Surges as Lower-Income Americans Struggle With High Living Costs
Food insecurity is rising sharply among many Americans, especially lower-income households, families with young children, and people with less education, according to new research from the Federal Reserve Bank of New York.…
U.S. Consumer Confidence Slips as Inflation and Gas Prices Weigh on Households
U.S. consumer confidence weakened slightly in May as Americans grew more worried about inflation, especially price pressures linked to the war with Iran and higher energy costs. Seemingly, the Conference Board’s consumer…
Artemis Pushes Toward a Permanent Lunar Base as NASA Plans First Moon Infrastructure
NASA has revealed new details about its plan to build the first phase of a permanent moon base, marking a major step in the Artemis program’s effort to return astronauts to the…
