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Why tech giants such as Alphabet and Microsoft are the safer choice in the AI race. Source link
Michigan coach Dusty May is finalizing a deal to take the Dallas Mavericks’ head coaching job, sources told ESPN, an axis-shifting move that significantly alters the college and NBA landscapes. May, 49, led Michigan basketball to the national title in 2026. He’ll coach a franchise with Cooper Flagg as a linchpin piece. The Mavericks fired Jason Kidd after a 26-56 season last year. May led Michigan to a 64-13 record over two seasons in Ann Arbor. In his previous job, he led Florida Atlantic to back-to-back NCAA tournaments, including the 2023 Final Four. He had ruled out other college jobs…
Even stripping out gasoline, however, underlying inflation is not standing still. The CPI excluding gasoline rose 2.2% year over year in May, up from 2.0% in April — a signal that price pressures are beginning to broaden modestly beyond the energy component. On a monthly basis, the CPI rose 1.0% in May. Seasonally adjusted, the monthly gain was 0.5%, driven primarily by increases in the recreation, education and reading, and transportation components, Statistics Canada reported. Grocery inflation accelerates again Food purchased from stores rose 4.3% year over year in May 2026, the 16th consecutive month it has outpaced headline inflation,…
Cuba’s president went on television last week to announce profound changes in the economy. Cuba formally remains a communist country, although it is not one Karl Marx would recognize. Nor is it especially unique among self-described communist countries. Cuba is dominated by the army, which serves three purposes: to provide national defense, to maintain dictatorial order and to operate the Cuban economy. (In many ways, the army is the Cuban economy.) In a way, the army controls the party, which in turn controls the parliament. The country’s economy is in a state of virtual collapse. Basic necessities like food, electricity…
This is an article version of the CBS Sports HQ AM Newsletter, the ultimate guide to every day in sports. You can sign up to get it in your inbox every weekday morning here. ⚽ Five things to know Monday Wyndham Clark led wire-to-wire en route to winning the U.S. Open. The second national championship of Clark’s career was also one of the most dominant efforts in the tournament’s 126-year history. He became the eighth man to lead at the conclusion of all four rounds and finished 4 under for the tournament, fending off second-place Sam Burns and his 3…
With gas prices finally off the Iran war highs, lower-income shoppers are showing signs of life in the cosmetics aisle. “So we’re currently doing some price discovery where we’re taking certain items and we’re taking them down in price and seeing how they respond,” e.l.f. Beauty (ELF) CEO Tarang Amin told Yahoo Finance at the Cannes Lions Festival of Creativity on Monday. “We have a skin tint that’s an incredible innovation that was priced at $18. We took it down to $14. And in the most recent weeks, we’ve seen almost an 85% lift in that item.” E.l.f. Beauty delivered…
It appears that British Prime Minister Keir Starmer was not even able to be the first to announce his own resignation – President Donald Trump beat him to it. “Keir Starmer will resign as Prime Minister of The United Kingdom,” Trump posted Sunday on Truth Social. “He failed badly on two very important subjects- IMMIGRATION AND ENERGY (OPEN NORTH SEA OIL!)… I wish him well!” Well-known British newsman Piers Morgan called Trump’s post “the final humiliation” for Starmer, according to The Washington Post. The Post noted that Trump was not in touch with Starmer over the weekend, but said Trump…
As Americans face rising costs on just about everything, the amount of debt they’re taking on is going up, too. Credit card balances recently reached a record $1.28 trillion. And according to credit-reporting company Experian, 38% of U.S. consumers now have a personal loan, with the number of these loans on credit reports reaching 67.5 million. Both of those figures represent the highest levels since Experian started collecting data in 2017.For some, the strain of staying afloat is becoming more evident. The financial stress index from the National Foundation for Credit Counseling (NFCC), which reflects the financial ability of consumers…
Americans, like Indians, have largely been immune to the charms of soccer, or what we in Europe call football, and so am I, though in my case it was not always so. Whether the current World Cup changes that remains to be seen. When I was a boy, I thought soccer was important, though never quite as important as Bill Shankly, the manager of Liverpool Football Club, thought it. He said that football was not a matter of life and death—it was much more serious than that. The sport has changed out of all recognition since I first attended a…
The United Football League (UFL) season concluded with the “United Bowl” on June 13, and all players then became free agents on June 15. The UFL is set up with all of its athletes signing one-year deals, and the season concludes in time for its players to be signed to NFL training camps.The Cleveland Browns recently worked out a UFL player.AdvertisementRELATED: 3 UFL PLAYERS THE BROWNS SHOULD CONSIDERLast year, 190 UFL players got workout invitations, with 160 signing training camp contracts. In Week 1, 47 players were on the main rosters, the practice squad, or some sort of injury list.…