businessThursday, July 30, 2026
Today's business news is split between a wave of layoffs and a harsh reality check on AI spending. Visa, Intel, Uber, and Patreon announced nearly 3,000 cuts, while Meta's free cash flow cratered 91% as it doubles down on AI infrastructure. The Fed held rates steady, triggering a 1,000-point Dow drop, and Bitcoin edged up ahead of the decision.
The Bay Area is seeing a fresh wave of job cuts as companies restructure for efficiency and automation, while Meta's earnings reveal the steep price of the AI arms race.
Visa is cutting 2,600 jobs (7% of its workforce), joining Intel, Uber, and Patreon in a wave of nearly 3,000 Bay Area layoffs tied to automation and restructuring.
Meta's free cash flow plunged 91% to $784 million as it pours money into AI infrastructure, echoing Alphabet's recent cash flow pain. Shares fell 10% after hours.
The Dow dropped over 1,000 points after the Fed held rates steady and oil neared $85. Historically, the index tends to fall further in the week after such drops but recovers over one to three months.
Elon Musk's legal battle with advertisers ends quietly, while a separate piece argues his behavior should no longer be normalized, and markets digest the Fed's decision.
Elon Musk's legal fight against advertiser boycotts of X ended with a settlement, not the 'war' he promised. The World Federation of Advertisers agreed to keep GARM inactive and reset relations with X.
A critical piece argues that Elon Musk's racist meltdowns and volatile behavior should no longer be normalized by media, government, and investors, especially given his influence over Tesla and X.
'I am 75 now and get lots of compliments on my skin' with £23 cream in huge salewww.mirror.co.uk
Why CSAT Can Look Fine While Revenue Leaksbradenkelley.com
Lululemon’s Major League Baseball Collab Reworks the Brand’s Bestselling Pieces as Fan Merchwww.rollingstone.com
Live updates: Bitcoin rises above $64,000 ahead of Fed rate decisionwww.coindesk.com
T-Mobile is Designing Dual-Pathway Business Internet for Hard-to-Serve Areaswww.pcmag.com
Costco shoppers may be eligible for payout after email settlement. Here’s how to qualifywww.fox29.comThe Best Finance Website: Which One to Choose and Why?newstrendsgo.com
This article discusses the importance of finance websites for making informed decisions about investments, savings, and the economy. It outlines key factors that make a financial platform trustworthy and presents the best options available in 2024. The content covers the definiti
What Does the Future of Marketing Look Like After the Launch of ChatGPT?hackernoon.com
The article examines how ChatGPT's November 2022 launch disrupted content marketing, initially causing fear among writers about job displacement. However, it argues that the post-ChatGPT era has actually improved content marketing by forcing marketers to focus on quality, authent
Grant Thornton, CBIZ Merger Raises Bar in Battle Over Mid-Marketnews.bloombergtax.com
Grant Thornton’s $5 billion deal to acquire rival CBIZ is a sign of the times for mid-tier accounting firms.
The Agentic Economy: The Convergence of Intelligence and the Economyagenticeconomytreatise.com
The Agentic Economy: The Convergence of Intelligence and the Economy.
Trump considering AI controls after OpenAI hacking incidentswww.bbc.co.uk
It marks a change of tone for his administration, which has taken a more hands-off approach to the technology.
A First Look Inside Atlanta’s New Jeffrey Boutiquewww.vogue.com
The 3,000-square-foot retail space in Buckhead Village is a homecoming for owner Jeffrey Kalinsky, whose former stores closed in 2020.
AEW Dynamite Results (July 29, 2026) As All In Build Acceleratessports.yahoo.com
With Redemption in the rearview mirror, how would AEW Dynamite push the build of the All In pay-per-view? What was the fallout from Redemption?
Your burger costs more this summer, but farmers say they're not cashing inwww.bbc.co.uk
The prices of beef, bread buns and bagged salad have risen sharply over the past year, figures show.
How to Find the Best Veterinary Practice Brokerswww.dvmelite.com
As a practice owner, selling your veterinary clinic is one of the most important and emotional decisions of your life. At DVMelite, we understand that you have spent years building a clinic that you are so proud of and the idea of selling is a double-edged sword. At times, you ma
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