Category: Your Money

The Trump administration is engaged in an internal effort to counter the rise of Chinese artificial intelligence, and the stakes just got higher. The recent launch of Kimi K3, a powerful new AI model from Chinese startup Moonshot AI, has added fresh urgency to those efforts as U.S. officials work to maintain American dominance in the global AI race.

Gas prices in the United States have climbed back up to an average of $4 per gallon, according to AAA. The spike comes amid ongoing military exchanges between the US and Iran. The current national average marks a significant increase compared to the same time last year, when drivers were paying around $3.14 per gallon.

United Airlines reversed course after issuing an internal memo that offered passengers alternative routing options to avoid the newly renamed Palm Beach International Airport, now called Trump International Airport. The memo drew attention after some travelers expressed reluctance to fly through the rebranded Florida airport. United pulled back the guidance following the backlash over the accommodation offer.

Taylor Farms has expanded its nationwide recall after a shredded iceberg lettuce sample from its Mexico facility tested positive for the Cyclospora parasite. Cyclospora is an intestinal parasite that can cause prolonged diarrhea and other gastrointestinal symptoms. Consumers are urged to check their refrigerators and discard any affected Taylor Farms shredded iceberg lettuce products immediately.

Taylor Farms is pulling iceberg lettuce from the US market after health officials linked a parasitic outbreak to toppings used at Taco Bell locations. The CDC and FDA connected the cyclosporiasis outbreak to the company’s products. Cyclosporiasis is an intestinal illness caused by a microscopic parasite and can cause prolonged diarrhea and other digestive symptoms if left untreated.

Apple temporarily surpassed Nvidia on Friday to become the world’s most valuable company, though Nvidia reclaimed the top spot by the end of trading, closing with a market cap of $4.92 trillion. The brief shake-up came amid growing doubts about AI investment spending, which has been a key driver of Nvidia’s remarkable rise in recent years.

A Federal Reserve Field Trip to the Factory Floor When the president of a Federal Reserve bank wants to understand what’s working in the American economy, sometimes the best research happens outside the office. This week, Chicago Federal Reserve Bank President Austan Goolsbee paid a…

A Perfect Storm Hits Wall Street U.S. stock futures extended their losses in early Friday trading as a broad semiconductor selloff and escalating geopolitical conflict weighed heavily on investor sentiment. The result was a brutal end to the week for investors, with two powerful forces…

A Rough Week for Semiconductors South Korea’s stock market has been at the center of one of the most dramatic market stories of 2026. The KOSPI index fell as much as 8.95% on July 13, triggering a marketwide circuit breaker as semiconductor heavyweights SK Hynix…

A Quarter for the History Books Taiwan Semiconductor Manufacturing Co. reported a 77.4% jump in second-quarter profit year-on-year, soaring past estimates as the world’s largest contract chipmaker continues to set consecutive record-breaking milestones. The announcement on Thursday, July 17, sent a clear message to the…