Walmart shares slide as U.S. sales hit by falling drug prices
The supermarket chain reported comparable U.S. sales growth of 2.6% in its second-quarter earnings, its lowest in over five years.
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Don’t use Swiss Army knives for surgically precise work; use scalpels. That’s what Manos Koukoumidis and other players in the AI cost-saving business say is the biggest problem with how companies use AI. They’re using the most powerful, versatile, and expensive AI models — from frontier labs like Anthropic, OpenAI, and Google — to handle niche…
SC asks Centre to explain UPI charges above ₹2,000, refuses to stay levy | Finance News
The Supreme Court on Monday sought an affidavit from the Centre explaining the legal and policy basis for allowing charges on specified Unified Payments Interface (UPI) transactions above ₹2,000 made to merchants. The court, however, declined to stay the new framework, which is scheduled to take effect from October 15, LiveLaw reported. A Bench…
How much are the GSEs’ retained portfolios growing?
Freddie Mac’s retained portfolio inched back up but came nowhere close to catching up with Fannie Mae’s, bearing out a 2026 trend that stands in contrast to last year’s. Processing Content Freddie’s retained portfolio was $139 billion at the end of June, up from $137 billion the previous month and $97 billion year earlier. Fannie’s…
There’s One North Carolina Town I Visit Every Fall: Brevard
Brevard lies within North Carolina’s Transylvania County, which is home to over 1,000 miles of trails. One of my favorite treks is Moore Cove Falls. It’s located in the Pisgah National Forest, less than half an hour from Brevard. I think it’s unique because visitors can walk behind the waterfall. Plus, the hike is only…
