A view of the Pentagon on December 13, 2024, in Washington, DC. Home to the US Defense Department, the Pentagon is one of the world’s largest office buildings.Daniel Slim | Afp | Getty ImagesThe U.S. Department of Defense on Monday said it’s granting contract awards of up to $200 million for artificial intelligence development at Anthropic, Google, OpenAI and xAI.The DoD’s Chief Digital and Artificial Intelligence Office said the awards will help the agency accelerate its adoption of “advanced AI capabilities to address critical national security challenges.” The companies will work to develop AI agents across several mission areas at…
Author: usaeverydaylife
While dividend growth continued to slow in the second quarter, there is some encouraging news on what may lie ahead. The net change in dividends — the increases minus decreases — for domestic U.S. common stocks rose $7.4 billion in the second quarter of 2025, according to S & P Dow Jones Indices . That is significantly less than the $16 billion increase in the year-ago period and the $15.3 billion gain in the first quarter of this year, the firm found. Economic uncertainty may have had companies limiting the size of their dividend increases, but once policies become clear,…
A person walks on campus at Muhlenberg College in Allentown, Pennsylvania, U.S. March 26, 2025. Hannah Beier | ReutersWhy is the interest-free forbearance ending?Former President Joe Biden rolled out the SAVE plan in the summer of 2023, describing it as “the most affordable student loan plan ever.”But millions of borrowers who signed up for the plan were caught in limbo after GOP-led lawsuits led to a block on the plan last year. The Biden administration put these borrowers in a forbearance while the legal challenges played out, and stopped interest from accruing on people’s debts in the meantime. Forbearances are a…
Meta CEO Mark Zuckerberg looks on before the luncheon on the inauguration day of U.S. President Donald Trump’s second Presidential term in Washington, U.S., Jan. 20, 2025. Evelyn Hockstein | ReutersMeta on Monday said it’s removed about 10 million profiles for impersonating large content producers through the first half of 2025 as part of an effort by the company to combat “spammy content.”The crackdown is part of Meta’s broader effort to make the Facebook Feed more relevant and authentic by taking action against and removing accounts that engage in spammy behavior, such content created using artificial intelligence tools.As part of that…
Bitcoin confirmed a breakout to new highs last week, marking a resumption of its cyclical and secular uptrends. The breakout is a bullish development across timeframes, relieving the chart of resistance, and it allows for an intermediate-term measured move projection of approximately $134,500. The weekly MACD shows positive intermediate-term momentum, and the stochastics have a bullish ‘pop’ higher supporting near-term follow-through for bitcoin. Support is now defined by former resistance near $108,300. Stocks with exposure to the cryptocurrency marketplace are rallying, as well, as we find they generally hold strong positive correlations (60% or more) with bitcoin. Two of the…
The Starbucks headquarters is seen at Starbucks Center on July 3, 2024 in Seattle, Washington. David Ryder | Getty ImagesStarbucks corporate employees will have to return to the office four days a week starting in October, the company announced on Monday.For workers who would prefer to leave the company instead of heading back to the office for an additional day, Starbucks is offering a “one-time voluntary exit program with a cash payment,” CEO Brian Niccol said in a letter to employees.”We understand not everyone will agree with this approach,” Niccol wrote in the announcement. “We’ve listened and thought carefully. But…
An Electron rocket launches the Baby Come Back mission from New Zealand on July 17, 2023.Rocket LabRocket Lab stock soared 8% Monday, building on a strong run fueled by space innovation.Shares of the space infrastructure company have nearly doubled over the last two months following a slew of successful launches and a deal with the European Union. The stock is up 63% year to date after surging nearly sixfold in 2024.Last month, Rocket Lab announced a partnership with the European Space Agency to launch satellites for constellation navigation before December. Rocket Lab also announced the successful launch of its 66th,…
Amazon CEO Andy Jassy attends the Allen & Company Sun Valley Conference on July 9, 2025, in Sun Valley, Idaho.Kevin Dietsch | Getty ImagesAmazon’s cloud unit said Monday that it has released a preview of Kiro, a program developers can use to write code with help from artificial intelligence.In a post on X, Amazon CEO Andy Jassy said Kiro “has a chance to transform how developers build software.”The introduction comes days after Google said it is hiring staffers of AI coding software startup Windsurf as part of a $2.4 billion technology licensing deal. Google said it plans to make its…
Shares of Pony AI could be set to surge as the company ramps up robotaxi production, according to analysts at Bank of America and Goldman Sachs. BofA analyst Ming Hsun Lee reiterated a buy rating on the Chinese autonomous vehicle stock in a July 10 note, alongside a $21 per share price target. Lee’s forecast implies that the stock can rally about 64% from Friday’s $12.77 close. The analyst cited a recent meeting with Pony AI’s management as a key reason for the optimistic view. The company is close to fully scaling its fleet of robotaxis, which will also help…
Construction on the Marriner S. Eccles Federal Reserve building in Washington, DC, US, on Wednesday, June 25, 2025. Al Drago | Bloomberg | Getty ImagesThe Federal Reserve has brought in its inspector general to review a building expansion that has drawn fire from the White House, according to a source familiar with the issue.Fed Chair Jerome Powell asked for the review, following blistering criticism of the project, initially pegged at $2.5 billion but hit by cost overruns that have brought accusations from President Donald Trump and other administration officials of “fundamental mismanagement.””The idea that the Fed could print money and…
