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Elon Musk's Tesla Pay Hit 2.5 Million Times Median Worker, Equaling Annual Wage Every 4.23 Seconds

Elon Musk's 2025 Tesla compensation package, valued at $158.3 billion, highlights a 2.5 million times disparity with median employee pay, sparking debate on executive compensation and economic inequality.

Tesla Shares Climb Nearly 3% to $336 as Robotaxi Gains and AI Push Offset Profit Pressure

SpaceX Shares Slip 2.3% To $138 After Recent Rally As AI Spending And Starship Plans Weigh
SpaceX shares fell as investors assessed its AI investments and Starship progress. Despite recent gains, the stock remains volatile amid ambitious growth plans and substantial capital expenditures.
Coffee Drinkers Show Leaner Body Composition And Distinct Hormone Patterns, New Finnish Study Finds
A Finnish study finds that higher coffee consumption is linked to leaner body composition and distinct hormonal profiles, suggesting potential metabolic health benefits, though further research is needed.
FTSE 100 Falls For A Fifth Straight Session As Mining And Pharma Stocks Weigh On London
The FTSE 100 index closed lower for the fifth consecutive session, driven by declines in mining and pharmaceutical stocks, despite initial gains from positive U.S. inflation data.
Detained Delivery Driver Demands Release Of Sealed Evidence In Nancy Guthrie Investigation
Carlos Palazuelos, once detained in the Nancy Guthrie disappearance case, demands the unsealing of evidence used to justify a search of his home, as legal proceedings continue.

Trump Administration Asks Supreme Court To Let White House Ballroom Construction Continue Amid Legal Fight

The Trump administration has requested the Supreme Court to allow the construction of a new White House ballroom, challenging a court ruling that halted above-ground work pending congressional approval.

Source Says LeBron James Might Have Stayed With Lakers Under New $12.5 Billion Ownership

LeBron James' decision to leave the Lakers might have been influenced by the team's $12.5 billion sale to Bob Iger and Josh Kushner, though basketball priorities ultimately guided his move to the 76ers.

Economy in Focus

Google's Gemini App Surpasses 1 Billion Monthly Users, Becoming Fastest-Growing Product Ever
Google's Gemini app has reached 1 billion monthly users, becoming the fastest-growing product in Google's history. The AI assistant's growth challenges ChatGPT, with new features enhancing user engagement.
Tesla Shares Climb Nearly 3% To $336 As Robotaxi Gains And AI Push Offset Profit Pressure
Asustek Computer Shares Jump 10% After Q2 Profit Nearly Doubles On Surging AI Server Demand

More News

(VIDEO) SpaceX And Tesla Confirm Texas Site For 'Terafab' AI Chip Complex With Intel, XAI As Demand Soars
SpaceX and Tesla, in partnership with Intel and xAI, confirm the site for Terafab, a massive AI chip manufacturing complex in Texas, aiming to address global chip supply constraints.
US Economy Unexpectedly Sheds 23,000 Jobs In July As Unemployment Rate Dips To 4.1%, Fed Bets Shift
The US economy unexpectedly lost 23,000 jobs in July, altering market expectations for Federal Reserve interest rate decisions, despite a slight drop in the unemployment rate to 4.1%.

OpenAI Developing $300-$400 Donut-Shaped Smart Speaker With Jony Ive For 2027 Launch, Report Says

OpenAI is developing a premium-priced, AI-driven smart speaker in collaboration with Jony Ive's design studio, aiming to enter the consumer hardware market dominated by Amazon and Google.

World

(VIDEO) Illinois Player Wins Record $1.04 Billion Powerball Jackpot, Eighth-Largest In History

A single Powerball ticket sold in Illinois won a $1.04 billion jackpot, marking the largest prize in 2026 and the second-largest in Illinois history. The winner's identity remains undisclosed.