Perplexity has offered to buy Chrome from Google for $34.5 billion cash in an unsolicited offer. Economics
USPS posted a $6.5 billion loss in 2023 while raising stamp prices from 55 to 78 cents since 2020, even as first-class mail volume drops over 50% since 2001. Politics
Higher tariffs take effect today on imports from many U.S. trading partners. The import taxes are raising tens of billions of dollars for the government, but also beginning to weigh on the U.S. economy. Politics
Shares of Palantir Technologies sailed past previous record highs Tuesday after booking its first $1 billion sales quarter and raising its performance expectations for the year. Economics
Newsom’s plan to raise $18 billion for state wildfire fund faces tough opposition Los Angeles Times Economics
Mira Murati and several other former OpenAI researchers are behind the buzzy AI startup, now valued at $12 billion and officially out of stealth. Economics