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Meta (META) CEO Warns on AI Goal

Meta (META) CEO Warns on AI Goal

Meta stock slid nearly 5% after Zuckerberg admitted the company's AI reorganization has stalled, raising fresh questions about the payoff from its 145 billion dollar AI spending plan.

Unemployment Rate Edges Lower

Unemployment Rate Edges Lower

The unemployment rate dipped to 4.2% in June, but the improvement had little to do with a stronger job market. Instead, the drop reflected more than 700,000 people leaving the…