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Intel Returns to Profit as PC Rebound Lifts Chip Demand
The chip maker’s earnings surprise Wall Street after two consecutive quarters of record losses. Source link
Steve Wynn Agrees to Stay Out of Nevada's Gambling Industry
The former casino magnate has agreed to an effective ban from Nevada’s gambling industry in a settlement over his alleged sexual misconduct against former employees.
What Fed Hikes? Much of Americans' Debt Is Still Riding Ultralow Rates
One reason the economy keeps humming: A huge chunk of consumer debt still carries low rates, including mortgages and auto loans made before 2022. Source
ECB Raises Rates, Says Pausing Is an Option
The euro fell against the dollar as President Christine Lagarde said the central bank was keeping an open mind on its next rate call. Source
Sweltering Planes. Baking Runways. How This Heat Is Testing Summer Travel.
The high temperatures that have engulfed swaths of the U.S. in recent weeks are creating fresh challenges for airlines amid the hectic summer travel season.
The First Smart Gun Is Finally Coming to Market. Will Anyone Buy It?
The weapon, which can only be fired by an authorized user, has been in development since the 1990s. Source link
Why Elon Musk's Plan to Build a Super App Won't Be Easy
Lots of U.S. companies have talked about a super app, including PayPal, Snap and Block. Source link
Southwest Airlines to Revamp Flight Schedule as Consumer Travel Changes
The airline says demand for vacation travel remains robust this summer, but business travel’s recovery to prepandemic levels remains elusive. Source link
U.S. Economic Growth Accelerates
The economy expanded at a 2.4% annual rate in the second quarter, remaining well clear of a recession despite higher rates. Source link