Amazon agrees to pay $2.5 billion to settle FTC claim it duped customers into Prime

Seattle / Washington — Amazon has agreed to a landmark $2.5 billion settlement with the U.S. Federal Trade Commission to resolve allegations that the company used deceptive signup practices to…

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U.S. economy grew more than first reported in the second quarter

Washington — The U.S. economy grew faster in the April–June quarter than previously reported, the Commerce Department said Thursday, in a revision that lifts second-quarter real gross domestic product to…

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Netanyahu to address U.N. as Israel faces growing isolation over its assault on Gaza

New York — Israeli Prime Minister Benjamin Netanyahu is set to address the United Nations General Assembly on Friday amid rising international criticism of Israel’s offensive in Gaza and a…

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Top former Fed chairs warn firing Lisa Cook could trigger an “inflation boom”

Washington — A bipartisan group of senior economic officials — including the three most recent former Federal Reserve chairs — filed a brief with the U.S. Supreme Court this week…

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Microsoft severs parts of cloud access to Israeli military unit after probe into alleged mass surveillance

Microsoft has disabled a set of cloud and artificial-intelligence services used by a unit within Israel’s Ministry of Defence after an internal review found elements of reporting that alleged the…

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Trump unveils sweeping tariffs on drugs, trucks and cabinets — and sets off fresh economic and legal alarm bells

Washington — President Donald Trump on Thursday announced a dramatic set of new import duties that would, if implemented, impose heavy tariffs on a range of goods — including branded…

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Easy tips for cleaning your smartwatch bands

Quick rules before you start Silicone / Rubber / Sport bands Good for: sweat, workouts, swimming. Leather bands Good for: dress watches — be gentle. Metal bands (stainless steel, plated…

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What we know about investors taking over TikTok in the U.S.

Here’s a concise, sourced update on the deal announced this week and the open questions that remain. Who the buyers are (so far): A group led by Oracle and private-equity…

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Can AI fulfill its promise without hurting the environment?

Short answer: Yes — but only if we build and deploy it deliberately.AI today can deliver big social and economic benefits (better healthcare diagnostics, smarter grids, climate modelling, efficiency gains…

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Senators press Match/Tinder for answers as romance scams surge

Washington — Two bipartisan U.S. senators this week demanded detailed information from Match Group — the parent company of Tinder, Hinge and OkCupid — about the company’s efforts to detect…

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