Amazon Reports $18.2 Billion in Profit Amid Strong Retail Demand
Consumers spent more than expected on the e-commerce giant’s site, while margins tightened at the company’s all-important cloud computing division.
Month: July 2025
Apple Surprises Investors Worried That It Had Lost Its Touch
Despite recent criticism about its product outlook, the company reported strong sales of iPhones, Macs, iPads and services.
Trump Demands That Drugmakers Lower Some of Their U.S. Prices by September
The administration has not put forward a clear legal authority to compel drugmakers to reduce their prices.
Figma’s $20 Billion Sale Died. It Came Back to Go Public.
Figma, which makes a design platform, had been on the verge of a $20 billion sale before regulators quashed the...
How India Became One of the Biggest Buyers of Russian Oil
President Trump upended trade negotiations with India by making the purchase of crude oil a sticking point.
A.I. Researchers Are Negotiating $250 Million Pay Packages. Just Like NBA Stars.
A.I. technologists are approaching the job market as if they are Steph Curry or LeBron James, seeking advice from their...
Key Inflation Measure Rose in June, Adding to Pressure on Fed
The price index was the latest indication that President Trump’s tariffs are beginning to show up in consumer prices.
Meta and Microsoft Investors Cheer an A.I. Spending Bonanza
Shares in Microsoft and Meta soared to new highs on Thursday after the tech giants committed to invest billions more...
On Eve of Tariff Deadline, Trump’s Trade War Faces Key Court Test
A federal appeals panel will hear arguments from states and businesses that seek to invalidate the president’s tariffs.
Amid Scramble for Food, Prices in Gaza Reach Extraordinary Heights
Obtaining humanitarian aid can be difficult and dangerous, and though some essentials are available at markets, they are prohibitively expensive...