Block slashed 40% of its workforce for AI — and its earnings suggest that’s paying off

The upcoming week will be dominated by monetary policy decisions from the Federal Reserve (Fed), Bank of England (BoE) and Bank of Japan (BoJ). United States (US) Gross Domestic Product (GDP) and Personal Consumption Expenditures (PCE) inflation, Australian inflation and preliminary Eurozone growth and inflation figures will also attract significant attention. The US Dollar Index…

JPMorgan Chase CEO Jamie Dimon on Wednesday announced a $24 million effort to help revive American shipbuilding, his latest move under the bank’s $1.5 trillion security project aimed at bolstering industries critical to U.S. economic and national security. The figure includes $18 million in loans and $6 million in grants to finance a new submarine…

Apple (AAPL +0.26%) is likely to report critical information that investors will not want to miss. *Stock prices used were the afternoon prices of July 16, 2026. The video was published on July 18, 2026. Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends…

Scotiabank’s Shaun Osborne and Eric Theoret note USD/JPY is little changed despite strong verbal intervention from Finance Minister Katayama, who warned of decisive action at any time. Markets remain unimpressed, given repeated rhetoric and limited impact from actual Yen buying. They recall recent data showing a significant sentiment shift toward the Japanese Yen among local…

S&P Global Manufacturing PMI Final for July 53.9 vs 53.8 preliminary !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}

Key Findings Digital services taxes (DSTs) are gross-based taxes, which can pyramid through supply chains and cause disproportionate harm to low-margin businesses and to value chains with multiple participants; the same underlying commerce may be included in multiple firms’ taxA tax is a mandatory payment or charge collected by local, state, and national governments from…