Apple CEO says price hikes are ‘unavoidable’ as rising chip costs squeeze tech giant: report - Fox Business
Apple customers may soon pay more for their favorite devices as the company faces soaring costs for memory and storage chips. The tech giant's CEO, Tim Cook, told The Wall Street Journal that Apple has tried to absorb the increases but can no longer fully protect customers from higher prices.
Verizon launches simpler plans and new loyalty program, drops some fees - Fox Business
Verizon is looking to attract and retain customers by offering new, simpler plans that will drop activation and upgrade fees while also rolling out a new loyalty program offering discounts and other perks. The company is competing aggressively with AT&T and T-Mobile in the telecoms market, with rivals looking to gain an edge with consumers and have extended device subsidies, added plan discounts and proposed increased spending on network infrastructure.
New York's busiest train station to get $8 billion remodel with columns, sunlight and Trump's name - AP News
1 of 4 | This artistic rendering provided by Heller Inc. shows a dramatically redesigned Pennsylvania Station in New York City.
The S&P 500 Wiped Out $1.4 Trillion in Market Cap After Red-Hot Jobs Report. Here’s Why - 24/7 Wall St.
Just days after the S&P 500 climbed to a fresh record high as artificial intelligence stocks extended their remarkable rally, investors got a reminder that markets rarely move in a straight line. Friday’s sell-off erased roughly $1.4 trillion in market value from S&P 500 companies and marked the benchmark index’s steepest one-day decline since October 2025.