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US grocery prices soared in April — but gas spikes weren’t the only reason why
Americans paid more for their groceries last month, but high gasoline prices resulting from the Iran war were only one of the reasons why. Prices for food eaten at home rose 2.9% in April compared to the same month a year earlier, according to government...
CNN’s Harry Enten gives Democrats ‘big-time reality check’ ahead of midterm elections
CNN’s top data cruncher Harry Enten delivered a sobering message for Democrats on Tuesday, warning that Republicans remain firmly competitive ahead of the November midterms despite President Trump’s sagging poll numbers and voter frustration over the rising...
Waymo recalls nearly 4,000 robotaxis due to dangerous software glitch
Have they lost their Way-mo? Alphabet’s glitch-plagued robo-cab subsidiary has yet another speed bump. Waymo has recalled 3,800 autonomous taxis after identifying a bug that allowed the vehicles to drive into standing water, per a letter on the National Highway...
Walmart suits face bloodbath as retailer targets corporate layoffs
Walmart is cutting or relocating about 1,000 corporate workers as the retail giant overhauls its technology and product teams amid a broader push into artificial intelligence and automation. The layoffs and relocations were outlined in a memo sent Tuesday by...
Wholesale inflation surges 6% — biggest increase since 2022: ‘Alarm bells at the Fed’
US wholesale inflation came in hot last month. Producer prices rose 6% from a year earlier, most since December 2022, as the 10-week Iran war pushed up energy prices and put pressure on companies to pass along higher costs to consumers. The Labor Department...
CNN shakes up morning lineup with personnel change aimed at bridging TV, streaming
CNN is shaking up its early mornings — tapping “CNN Headline Express” anchor Brad Smith to temporarily helm the network’s 5 a.m. ET hour as the cable giant leans harder into its streaming-first strategy. Smith, who currently fronts the network’s FAST-channel...
Justice Dept. Officials Consider Settling Trump Suit Against I.R.S.
The Justice Department is holding internal discussions about settling President Trump’s lawsuit against the Internal Revenue Service in coming days, according to three people familiar with the deliberations, a move that could involve the government directly...
Pro-Iran hacking group targets California tech company in flurry of attacks
San Jose-based eBay was hammered by a massive cyberattack allegedly carried out by a pro-Iran hacking group that’s now threatening some of world’s biggest tech companies. The shadowy “Islamic Cyber Resistance in Iraq – 313 Team” claimed responsibility for the...
Fugitive Malaysian financier Jho Low, alleged mastermind of 1MDB scandal, seeks Trump pardon: report
Malaysian financier Low Taek Jho, widely known as Jho Low and now a fugitive, has sought a pardon from President Trump, the Wall Street Journal reported Tuesday. Reuters could not immediately verify the report. Leonardo DiCaprio with Jho Low at the premier of...
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