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Rollout of generative AI and agents will reduce Amazon's total corporate workforce in the next few years, Andy Jassy, CEO of the online retailer, said in a note to employees. https://finance.yahoo.com/news/amazons-workforce-reduce-rollout-generative-173543251.html


Circle stock's massive rally is showing no signs of cooling. The issuer of USDC stablecoins soared roughly 15% in morning trading on Friday, extending its stunning post IPO gains as Wall Street bets big on the crypto player. https://finance.yahoo.com/news/circle-stock-extends-stunning-rally-amid-high-hopes-for-crypto-disruptor-153433361.html


Retail sales fell in May, dragged down by declines in gas and auto purchases during the second month that a wide array of President Trump's tariffs were in effect. https://finance.yahoo.com/news/retail-sales-slide-in-may-on-lower-gas-auto-sales-amid-tariff-uncertainty-124552230.html


The Trump family said it will launch a mobile phone company, the latest in a string of ventures that have been announced while Donald Trump is in the White House. https://finance.yahoo.com/news/trump-family-announces-another-venture-124459622.html


Despite the whirlwind of headlines about auto tariffs, EV mandates, and even the potential loss of EV tax credits, Americans are still very much interested in EVs. Including those not named Tesla. https://finance.yahoo.com/news/jd-power-car-buyers-are-still-interested-in-evs-and-tesla-alternatives-144540737.html


Walmart posted a mixed quarterly print Thursday morning as it navigates President Trump's tariffs. https://finance.yahoo.com/news/walmart-stock-drops-as-it-signals-price-hikes-due-to-magnitude-of-trump-tariffs-110354897.html


State carrier Qatar Airways signed a deal on Wednesday to purchase up to 210 widebody jets from Boeing during President Donald Trump's visit to the Gulf Arab country, a coup for the U.S. planemaker. https://finance.yahoo.com/news/qatar-signs-200-billion-deal-141829564.html


President Trump’s trip to the Middle East this week freely mixed business and diplomacy as he came across over 60 CEOs and executives during his whirlwind trip from Saudi Arabia to Qatar to the United Arab Emirates. https://finance.yahoo.com/news/why-so-many-ceos-crossed-paths-with-trump-in-the-middle-east-from-sam-altman-to-jensen-huang-080000141.html


US student loan borrowers ran into trouble during the first quarter after the government lifted a long-running moratorium on debt repayment implemented during the COVID-19 pandemic, a report from the Federal Reserve Bank of New York said on Tuesday. https://finance.yahoo.com/news/ny-fed-student-loan-borrowing-151320871.html


Renters now need to earn more than $100,000 to comfortably afford rent in eight major metro areas, underscoring how wage growth hasn’t kept pace with the cost of living in recent years. https://finance.yahoo.com/news/it-takes-a-six-figure-salary-to-afford-rent-in-more-cities-than-ever-before-152835564.html
