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Amazon’s Prime Day topped $14.2 billion in U.S. online sales

Amazon’s Prime Day topped $14.2 billion in U.S. online sales

“It’s clear now that the Prime Day event has been a catalyst across these major categories, with discounts deep enough for consumers to hit the buy button and upgrade items in their homes,” said Vivek Pandya, lead analyst at Adobe Digital Insights.


American Express is opening one of its fancy Centurion lounges in a new airport

American Express is opening one of its fancy Centurion lounges in a new airport

Facilitating access to fancy amenities and luxury experiences is a big part of how American Express markets itself to its cardholders, which explains why it just spent $400 million to acquire the restaurant reservation management company Tock last month.


J.D. Vance as Donald Trump’s VP pick is a problem for Wall Street, strategist says

J.D. Vance as Donald Trump’s VP pick is a problem for Wall Street, strategist says

Let’s not say, well, you know, gold or infrastructure and international hadn’t worked, so I’m gonna get rid of that and just buy the S&P 500 ‘cause you’re chasing that momentum and maybe this goes for another year and a half or two, but it stops at some point.


Tesla is looking to fill its ranks after Elon Musk laid off thousands of workers

Tesla is looking to fill its ranks after Elon Musk laid off thousands of workers

Musk recently promoted the potential value Tesla’s Optimus robots may have on the stock, describing a hypothetical that could see the product add $20 trillion to the company’s market capitalization.


House committee approves 25% cut to Title I

House committee approves 25% cut to Title I

"With today’s approval by the full Committee, we are one step closer to delivering on our continued commitment to restoring trust with the American people by laying a foundation for transparency and fiscal responsibility in the appropriations process," said Rep. Robert Aderholt, R-Ala., chair of the Labor, Health and Human Services, and Education Subcommittee, in a statement issued Wednesday.


It looks like Nissan is killing both the Altima and the Versa

It looks like Nissan is killing both the Altima and the Versa

The Versa, on the other hand, doesn’t have as much direct competition but it has beaten the Mitsubishi Mirage this year with a total of 17,812 cars sold versus 9,862.


Summer camp for billionaires, fake Louis Vuitton bags, and expensive dresses: Lifestyle news roundup

Summer camp for billionaires, fake Louis Vuitton bags, and expensive dresses: Lifestyle news roundup

The Washington Post reports that a map of open Whataburger fast food locations in Houston has emerged as a shorthand for the extent of ongoing power outages caused by the storm.


Amazon launched an AI shopping assistant — just in time for Prime Day

Amazon launched an AI shopping assistant — just in time for Prime Day

Anthropic uses AWS as its primary cloud provider, and Amazon said the startup would use its AI chips “to build, train, and deploy its future models.”


26 states now require personal finance course for graduation

26 states now require personal finance course for graduation

"There’s a wealth of data about the benefits of learning these valuable lessons in high school, from improving credit scores and reducing default rates to increasing the likelihood that our future generations will maintain three months of savings for emergencies and have at least one kind of retirement account,” McGuire said.


OpenAI defines five ‘levels’ for AI to reach human intelligence — it’s almost at level 2

OpenAI defines five ‘levels’ for AI to reach human intelligence — it’s almost at level 2

The company shared a five-level system it developed to track its artificial general intelligence, or AGI, progress with employees this week, an OpenAI spokesperson told Bloomberg.


Tesla is replacing Cybertruck motors for free — but don’t call it a recall

Tesla is replacing Cybertruck motors for free — but don’t call it a recall

While the Elon Musk-led manufacturer states the new drive unit is more efficient and reliable, this isn’t a typical upgrade for trucks that have yet to roll out the assembly line.


Eli Lilly’s Mounjaro is more effective at weight loss than Novo Nordisk’s Ozempic and Wegovy, study finds

Eli Lilly’s Mounjaro is more effective at weight loss than Novo Nordisk’s Ozempic and Wegovy, study finds

Skyrocketing sales of these drug have turned Novo Nordisk and Eli Lilly into the largest pharmaceutical companies in the world by market cap.