Coverage of U.S. companies, industries, jobs, inflation, and the broader economy.
JPMorgan moved AI spending out of innovation and into core infrastructure for 2026. Total tech budget $19.8 billion. $1.2 billion of that growth is AI. 2,000 new AI staff. Banking just shifted.
JPMorgan Reclassifies AI as Core Infrastructure: Inside the $19.8 Billion Tech Budget Read More »
Saudi Aramco posted $32.4 billion in quarterly profit, up 26% year over year. The Iran war pushed crude above $100 and the East-West pipeline hit capacity.
Saudi Aramco Profit Jumps 26% as Iran War Drives Oil Demand Read More »
Cisco and Alibaba both report on May 13 2026. Two of the biggest tech bellwethers on opposite sides of the Pacific. Here is what to watch.
Cisco Alibaba Earnings May 13 2026: The Two Prints That Matter Read More »
Monzo Exits U.S. Market as It Refocuses on Scalable Growth in UK and Europe
Monzo Exits U.S. Market as It Refocuses on Scalable Growth in UK and Europe Read More »
SAN FRANCISCO, March 19, 2026, The 3M Bain Capital fire safety deal 2026 has emerged as one of the most significant U.S. Business developments this week, with…
WASHINGTON , US Services Sector Hits 3.5 Year High in 2026 as economic activity across American service industries expanded at the fastest pace in more than…
U.S. Services Sector Hits 3.5 Year High in 2026 as Business Activity and Hiring Surge Read More »
NEW YORK , The U.S. Stock market showed mixed performance this week as investors navigated renewed uncertainty over trade policy and responded to fresh…
NEW YORK, The commercial real estate crisis hiding in plain sight is finally starting to crack the facade of American banking. If you walk down Park Avenue on…
The Silent Bank Run: Wall Street Is Hiding A $2 Trillion Real Estate Nightmare From You Read More »
NEW YORK , In the span of just sixty days, the American workplace has undergone a radical and permanent transformation. Two years ago, the labor market was…
