U.S. economy slowed to 1.5% growth rate in Q2; June core inflation at 3.3%
While the GDP number was below expectations, the miss appeared to come from a decline in federal government spending and inventories.

While the GDP number was below expectations, the miss appeared to come from a decline in federal government spending and inventories.
Leopold Aschenbrenner's hedge fund has sold all of its public stock holdings, according to people familiar with the matter.
OpenAI's rogue models used publicly exposed credentials across "four accounts on four services" to help facilitate the Hugging Face breach.
Microsoft posted strong Azure and Copilot growth, while Meta missed revenue guidance forecasts as free cash flow plunged leading to diverging stock moves.
Earnings on deck this afternoon for Apple and Amazon will likely decide if the stock market can end what’s so far been a rough week on solid footing.
Auto giant Stellantis on Thursday swung to profit in the second quarter, boosted by rising demand in North America.
Several renewable and AI-linked stocks that may be better buys than the majors right now, according to Wall Street.
President Donald Trump has promised a "golden age" for agriculture, but farmers in Iowa and elsewhere are struggling with tariffs and the Iran war.
The next iteration of the streaming wars is likely to be about aggregating content on the biggest existing platforms.
The exemption allows Zoox to operate up to 2,500 vehicles annually for two years, subject to "enhanced, adaptable" oversight conditions.
The unclaimed attack comes as Iran, its Houthi alllies in Yemen and Iraqi militias have widened strikes on energy infrastructure across the region.
The restaurant company provided no update on the cyclospora outbreak tied to Taco Bell restaurants is affecting its business.
Ferrari is pleased with the launch of the Luce all-electric vehicle despite significant criticism upon the car's spring debut, according to CEO Benedetto Vigna.
Iran's Revolutionary Guard threatened further escalation on Thursday after a wave of retaliatory U.S. strikes on the country overnight.
Starbucks posted its fourth straight quarter of same-store sales growth, as it continues a turnaround under CEO Brian Niccol.
The Executive Branch club, where members include Trump administration officials, investors and business leaders, charges a $500,000 entry fee.
Chipotle Mexican Grill stock has fallen more than 7% this year, dragging its market value down to roughly $44 billion.
Large language models may give financial advisors a run for their money, but wealth management leaders say the human touch can't be replaced.
For investors anxious to hear more about Meta's plans to make money from its big AI spending, Mark Zuckerberg said there's a trade-off.
China's Commerce Ministry said Thursday the U.S. Federal Communications Commission has repeatedly ignored Beijing's restrained stance.
OpenAI is trying to reassure employees that the business is healthy as competition emerges from Anthropic as well as a host of open-source players.
Sen. John Cornyn, R-Texas, says the DOJ has failed to satisfy his concerns about a deal to shield President Donald Trump and others from IRS tax audits.
Samsung Electronics extended its record run with second-quarter operating profit topping analysts' estimates.
The ranking member of the House Committee on Energy is demanding SpaceX records and a tour of its data centers and power plants in and around Memphis.