Nation
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Shift in customer spending to AI hardware cited as cause of IBM's sharp drop in share price
In a letter to investors, Chief Executive Arvind Krishna said the performance of IBM's infrastructure arm was worse than anticipated.
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Labor Department reports annual inflation in June was 3.5%, biggest monthly drop in over six years
The decline is the biggest in over six years, which the department's Bureau of Labor Statistics report contributes largely to lower energy prices.
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Southwest suffering under extreme heat, wildfires
Wildfires across the southwestern U.S. are ongoing and more widespread than usual. As of last week, the year-to-date acreage burn for the entire U.S. was up 46% compared to the last 10 years.