OpenAI’s Sam Altman revealed Meta is offering over $100M to poach his top talent, though none have left. This highlights the fierce AI talent war, raising questions about industry stability and the value of loyalty in tech’s race for dominance.
JetBlue Airways is grounding planes and cutting routes to combat financial losses, as revealed in a recent employee memo. Facing rising costs and uneven demand, the airline aims to conserve cash and stabilize operations, raising questions about its long-term strategy and the broader impact on the travel industry.
Amazon CEO Andy Jassy predicts AI will cut corporate workforce numbers in the coming years. As generative AI automates tasks, efficiency may rise, but job displacement concerns grow. This shift could redefine work, prompting debates on reskilling and the balance between technology and human roles.
A deadly listeria outbreak linked to chicken fettuccine alfredo from Kroger and Walmart has claimed three lives and caused a pregnancy loss. The incident has triggered recalls and raised urgent questions about food safety in ready-to-eat meals.
U.S. housing construction has dropped to a 5-year low, driven by tariffs on materials like steel and lumber. With costs soaring and uncertainty rising, developers are pausing projects as the Federal Reserve’s interest rate decision looms.
Waymo is making a comeback to New York City, applying to test robotaxis with safety drivers. The company aims to change state laws for fully driverless operations, potentially revolutionizing urban travel in one of the world’s busiest cities.
Zoox, an Amazon subsidiary, has launched its first major robotaxi production facility in 2025, targeting 10,000 units annually. This innovative plant could transform urban mobility, create jobs, and push sustainable transport forward, positioning Zoox as a leader in the autonomous vehicle race.
Coinbase Global’s stock surged to lead S&P 500 gainers after the Senate passed the GENIUS Act, establishing federal stablecoin regulations. This legislation could boost trust in digital currencies, benefiting Coinbase and the broader crypto market amid growing investor confidence.
Mortgage rates for June 18, 2025, show a slight decline in 30-year and 15-year fixed terms, while the 20-year rate rises. With the Federal Reserve holding steady, borrowers may find opportunities to lock in favorable rates amid market uncertainty.
U.S. stocks surged as the Federal Reserve opted to keep interest rates unchanged, despite raising its inflation forecast. Markets welcomed the stability, even as global tensions in the Middle East add uncertainty. Investors remain optimistic, though inflationary pressures could pose future challenges.
