Disney World, Universal Orlando close water parks as unusually cold weather hits Florida
Disney's Typhoon Lagoon and Universal's Volcano Bay are experiencing temporary closures as Central Florida temperatures plunge below seasonal averages.
FOX Business 
The Dow and S&P 500 closed near break-even while the Nasdaq advanced modestly as investor reactions were muted after the Fed kept interest rates unchanged as expected
The Dow and S&P 500 closed near break-even while the Nasdaq advanced modestly as investor reactions were muted after the Fed kept interest rates unchanged as expected
Reuters Business 
Tesla reveals $2 billion investment in Elon Musk’s xAI and officially kills the Model S and Model X
Tesla also scrapped its mission to 'accelerate the transition to sustainable energy' with a new goal of building 'a world of amazing abundance'
FORTUNE Microsoft says OpenAI is driving 45% of the backlog for Azure cloud computing
OpenAI and Microsoft have a reconfigured relationship. The software giant revealed just how much OpenAI is driving its RPO.
Business Insider 
Instacart slaps NYC shoppers with surprise ‘regulatory response fee’ after new city law kicks in
Instacart adds $5.99 "Regulatory Response Fee" to NYC orders following new worker protection laws requiring $21.44/hour minimum wage for drivers.
Meta and Microsoft both blew their data center budgets last quarter. Wall Street is only mad at one of them.
The Big Tech rivals are spending more than ever, but analysts are more concerned about Microsoft at the moment.
Microsoft demand backlog doubles to $625 billion thanks to OpenAI, but hefty spending and slower revenue growth spook investors
Future revenues in the form of RPO rose 110% on the back of a $250 billion commitment from OpenAI, but Azure growth slowed to 39% in the second quarter.
Ringgit Owes Its Surge to Forces Well Beyond Dollar’s Weakness
The Malaysian ringgit’s relentless rally is being driven by a range of structural factors beyond the dollar’s broad weakness, suggesting its gains will likely be sustained.
Bloomberg Economics 
Tesla ends production of Model S and Model X vehicles, will focus on robots in 2026
Tesla pivots from electric vehicles to autonomous technology as Elon Musk announces Model S and Model X discontinuation to focus on mass-producing Optimus robots.
Steak 'n Shake pledges $1K contributions to Trump Accounts for employees' children
Steak 'n Shake pledges $1,000 matching contributions to "Trump Accounts" for employees' children born between 2025 and 2028, joining corporate support initiative.
Powell says Americans forced to 'economize' as stubborn inflation squeezes household budgets
Fed Chair Jerome Powell reveals American consumers are struggling and looking to "economize" purchases amid stubborn inflation, as central bank holds rates steady.
Powell sidesteps questions on DOJ investigation, successor, administration criticism
Federal Reserve Chair Jerome Powell dodges questions about a criminal probe and future plans in a tense press conference following the central bank's rate cut decision on Wednesday.
JPMorgan, BofA will match the $1,000 ‘Trump Accounts’ for employees’ children. Here’s how to open an account
"By matching this contribution, we’re making it easier for them to start saving early, invest wisely, and plan for their family’s financial future," Jamie Dimon said.
How Samsung’s first-ever chief design officer is reinventing the electronics giant for the AI age
Samsung turns to an outsider—Mauro Porcini—to conceive of AI-powered products that resonate with consumers and give the Korean giant a more global voice.
Starbucks removes cap on CEO's use of company's private jet, citing security concerns
Starbucks eliminates $250,000 cap on CEO Brian Niccol's personal jet use, allowing unlimited private aircraft travel following security recommendations.
LARRY KUDLOW: Mr. Trump, please give us a transformational Fed
The Fed models are wrong. Growth does not cause inflation. It is time for a transformational Fed