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Consumer Isn't Dead Yet: US Retail Stocks Surge As Resilient Shoppers Surprise Markets

The S&P Retail Select Industry Index rose more than 1% Thursday morning as shares of Kohl's, Best Buy, and Dollar Tree surged on better-than-expected earnings results. Results suggest the U.S. consumer was stronger than feared in the prior quarter, even as households were battered by a fuel-price shock at the pump, …

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Iran, US trade strikes after Hormuz report dismissed

DUBAI/WASHINGTON, D.C. — Iran’s Revolutionary Guards targeted a United States air base on Thursday after the US military carried out what a Washington official said were strikes on an Iranian drone operation near the Strait of Hormuz, hours after President Donald Trump rejected a report saying he was close to a comp…

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Read Full Article at RT.com

The heads of two leading artificial intelligence companies have offered sharply different forecasts on whether the technology will trigger mass job losses. The split comes as as Meta, Microsoft, Amazon, and other tech giants continue large-scale layoffs tied to AI restructuring.

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