AI spending will boost productivity — but first it’ll make even the most efficient firms look like slackers
Companies and investors can expect a painful transition — and the economy will be impacted as well.
Last updated: 2026-04-10 22:51:35 ET
Companies and investors can expect a painful transition — and the economy will be impacted as well.
The deal comes one day after Meta committed an additional $21 billion in spending to the cloud provider as AI demand continues to soar.
The bold and sensual fashion house has been struggling with debt amidst a slowdown in global luxury spending.
Private jet companies are competing for high-spending customers with lavish on-the-ground experiences near the golf course.
Higher fuel costs are raising food and travel prices, while a shaky stock market tamps down free spenders.
The federal government's interest payments on public debt reached $529 billion in the first half of fiscal year 2026, nearly equaling the combined spe...
Erratic militarism combined with increased defense spending would only bring long-term decay.
A Mexican miner was rescued after spending 13 days trapped underground, officials said, while one miner was found dead and another remains missing.
Andy Jassy's annual shareholder letter reads something like a diss track to a wide range of competitors as he defends spending $200 billion in capex.
Amazon shares have struggled so far this year as investors question the company's aggressive AI spending plans.
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