The Latest Breaking News from Stephen Juneau

AI Memory Boom Is Causing ‘Chipflation’ — And Your Next iPhone Could Cost More

The artificial intelligence boom is starting to create an unexpected bill for consumers: more expensive electronics.

Benzinga · Aug 13

AI Job Apocalypse Debunked? BofA Presents Nuanced Data — And Warning Signs

A growing wave of AI-linked layoffs has yet to translate into widespread job destruction across the U.S. economy, according to Bank of America.

Benzinga · Aug 11

US companies, shamed by Trump, tiptoe into $166 billion tariff refund race

After a landmark Supreme Court ruling, U.S. businesses are strategically striving to salvage billions in refunds from now-invalid tariffs. However, they face pressure from former President Trump and the risk of consumer lawsuits, prompting many to operate in secrecy. These refunds could potentially ease financial strains for companies and help…

The Economic Times · May 24

Consumers turned out to be the silver bullet for the economic woes of 2024—and they're likely to save 2025 as well

Bank of America outlines a healthy consumer outlook for holiday spending and the property sector.

Fortune · Oct 27, 2024

Stock Market Today: Stocks Struggle Ahead of February CPI Report

The main indexes had trouble getting off the ground Monday as Wall Street waits for tomorrow's inflation update.

Kiplinger · Mar 11, 2024

Stock Market Today: Stocks Go Into Reverse as Nvidia Slumps

The main indexes were initially higher after the release of the February jobs report, but ended well off their session highs.

Kiplinger · Mar 8, 2024

Here's where inflation stands today — and why it's raising hope about the economy

Consumer prices rose 3.2% in July from a year ago, higher than the 3% gain seen in June — but it was largely due to math. Overall, inflation continues to ease, raising optimism about the economy.

WEKU · Aug 10, 2023