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Voters Rebuke Trump Economic Agenda

2 days 19 hours ago
Joe Lavorgna, chief economist at SMBC Nikko Securities, said that Trump's 'inability to deliver' on economic promises is what created a backlash from the American working class and Republicans subsequent midterm losses. Lavorgna said that he does still back the administration's tariffs, but does take issue with the way they were executed. (Source: Bloomberg)

Sources: Apple cut some engineers' daily AI spending cap to $200 from $300 and plans cuts to as little as $100, as cost cutting stokes staff fears of layoffs (Mark Gurman/Bloomberg)

2 days 19 hours ago

Mark Gurman / Bloomberg:
Sources: Apple cut some engineers' daily AI spending cap to $200 from $300 and plans cuts to as little as $100, as cost cutting stokes staff fears of layoffs  —  Apple Inc. is reducing employee budgets for artificial intelligence usage as part of a cost-cutting effort, even as the company seeks …