Headlines

Apple to raise prices as AI boom pushes up chip costs

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'We had to get out of the way': The backlash over delivery robots

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Interest rates expected to be held by Bank of England

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Apple’s Tim Cook says price hikes are on the way, citing memory chip crunch

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Demolition of Macy’s iconic 60-year-old ‘shopping bag’ billboard in NYC’s Herald Square gets delayed

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Dow tumbles 500 points as possible rate hike under new Fed chief rattles Wall Street

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Struggling JetBlue shuts down key Newark, LaGuardia operations as New York airport costs soar

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Tournament of losers

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Fed holds US interest rates steady as uncertainty over Trump's Iran deal remains

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Anthropic’s Dario Amodei urges G7 to ‘resist temptation to splinter’ on AI — as workers gripe Trump ‘bullied’ firm

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Lululemon apologizes for using Japanese drum at Great Wall of China yoga event

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Fed’s Kevin Warsh takes tough, anti-inflation stance in first meeting as chair: ‘will deliver price stability’

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What to watch for at Kevin Warsh’s first Fed meeting as chairman today

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Fox, Roku and the next phase of the streaming wars

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SpaceX ‘flippers’ have seller’s remorse after 50% climb, though traders wonder whether hot streak will last

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Inside Peter Thiel’s secretive, invite-only club: Sex, cult-building and World War III

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Driving test wait time target will not be met until autumn next year

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Why Jeff Bezos predicts AI will create labor shortage amid his space rivalry with Elon Musk

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Introducing our Business in Brief newsletter

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G7 leaders gorge on caviar, swill $7K vintage wine after vow to fight ‘lingering poverty’

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Japan raids ice cream giants over price-fixing allegations

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Inflation unexpectedly steady as food price rises slow

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