Why Steakhouse Profits Are Shrinking Even as Dinner Prices Rise
A $500 dinner bill might suggest a booming restaurant business. But behind the white tablecloths and premium cuts of steak, many steakhouses are operating on
Why Your Next Phone or PC May Cost More: AI Sparks a Global Memory Chip Crunch
The AI boom is delivering record profits to chipmakers—and higher prices to consumers. The explosive growth of artificial intelligence is reshaping the global semiconductor industry,
Home Depot vs. QXO: The $5 Billion Bidding War for GMS Heats Up
The construction supply market just got a lot more competitive—and a lot more interesting. Home Depot, the world’s largest home improvement retailer, has made a
Why Luxury Cards Are Getting More Expensive
If you thought inflation was cooling off, think again—at least when it comes to your wallet’s most elite companion: the premium credit card. This summer,
Affirm Prudential Credit Deal: $500M Boost for BNPL Lending.
Affirm’s latest private credit deal with Prudential’s PGIM Fixed Income brings $500 million in fresh capital to the fintech company’s growing buy-now-pay-later (BNPL) empire. The
Microsoft Plans New Wave of Layoffs as AI Reshapes Workforce
Microsoft layoffs AI 2025 is the story reshaping the tech industry right now. Microsoft is planning to eliminate thousands of jobs in early July, aligning