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Morgan Stanley sends a stark message on the 2026 US economy

The title of Morgan Stanley’s midyear US economic outlook, published May 12, is four words: “Capex Over Consumption.” It is the bank’s clearest possible signal about what is holding the American economy together heading into the second half of 2026, and what is beginning to buckle beneath the surface. Chief US Economist Michael Gapen and […]

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Tesla, Toyota expose surprising auto industry truth

Toyota Motor (TM) and Tesla (TSLA) are generally seen as rivals in the global auto business. Toyota is the manufacturing powerhouse, selling more than 11 million automobiles a year in almost every major market. Tesla is the electric vehicle disruptor that pushed the industry to embrace batteries, software and autonomous driving. But Toyota’s latest earnings

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Award-winning pizza restaurant chain files Chapter 11 bankruptcy

The pizza dining sector has faced economic issues over the last year that have led to 100s of closings and bankruptcy filings. Restaurant chains have blamed fierce competition, rising labor and food costs, and high lease rates, which have required several companies to launch restructurings. Pizza chains close 100s of stores Papa John’s shared in its

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Where is JPMorgan Chase’s headquarters? Inside the banking giant’s new NYC tower

For over a century, skyscrapers have served as the ultimate symbols of corporate power and ambition, showcasing the latest in technological and engineering advancements while reaching ever higher toward the sky. Perhaps no other building better displays where a business has been — and where it’s headed — than JPMorgan Chase’s (JPM) new headquarters, the

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Cisco CEO predicts AI will force multi-billion dollar infrastructure reset

Cisco Systems (CSCO) climbed 25% in the past week as investors woke up to a simple shift. AI is driving a multibillion-dollar rebuild of the networks that power modern computing, and Cisco sits squarely in that spend cycle. That shift could ripple across the broader tech industry. As AI workloads become larger and more distributed,

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