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Tesla’s increased costs outweighed its revenue growth

Tesla electric vehicles are parked at a Tesla service center on Aug. 2, 2025 in San Diego, California. Kevin Carter | Getty Images There are generally two ways for a company to increase its profit: increasing sales or cutting costs. Preferably both at the same time — because a rise in revenue might be overshadowed … Read more

Chainlink, SWIFT, and global banks advance initiative to streamline $58B corporate actions costs

Key Takeaways Chainlink, SWIFT, and leading financial institutions launched a blockchain-based solution to streamline $58 billion corporate actions processing inefficiencies. The initiative’s second phase achieved nearly 100% consensus among AI models and introduced multilingual, production-grade data validation across 24 global participants. Share this article Chainlink today announced the results of phase two of an initiative … Read more

DeepSeek releases ‘sparse attention’ model that cuts API costs in half

Researchers at DeepSeek on Monday released a new experimental model called V3.2-exp, designed to have dramatically lower inference costs when used in long-context operations. DeepSeek announced the model with a post on Hugging Face, also posting a linked academic paper on GitHub. The most important feature of the new model is called DeepSeek Sparse Attention, … Read more

Housing costs are so high some Americans are delaying milestones like getting married, having kids and even adopting a pet

Americans are sacrificing a lot just to be able to afford a roof over their head.  According to a recent Redfin survey, more than 44% of U.S. homeowners and renters said they struggle to afford their mortgage or rent payments. And because of that, they’ve been forced to forgo dining out at restaurants and taking … Read more

Lennar (LEN) 3Q25: Lower prices and lower costs needed for affordability

Shares of Lennar Corporation (NYSE: LEN) were down 4% on Monday. The stock has gained 10% over the past three months. The homebuilder faced a difficult housing market in the third quarter of 2025 which impacted its performance during the period. However, the company saw a slight improvement in market conditions towards the end of … Read more

Trump’s new Fed appointee says fewer immigrants should free up more housing and lower rental costs

President Donald Trump’s appointee to the Federal Reserve’s Board of Governors said Monday that the central bank’s key interest rate should be much lower than its current 4.1% level, staking out a position far different than his colleagues. Stephen Miran, who is also a top economic adviser to Trump, said in remarks to the Economic Club … Read more

Schumer warns millions are going to ‘start getting letters in the mail telling them their health insurance costs are about to go through the roof’

There’s bipartisan support in Congress for extending tax credits that have made health insurance more affordable for millions of people since the COVID-19 pandemic. But the credits are in danger of expiring as Republicans and Democrats clash over how to do it. Democrats are threatening to vote to shut down the government at the end of the month if Republicans don’t … Read more

France’s borrowing costs rise after Fitch downgrade

A protester brandishes a smoke flame by a barricade on fire during a demonstration part of the “Bloquons tout” (“Let’s block everything”) protest movement, in the south east of Paris, on September 10, 2025. The broad anti-government campaign, dubbed “Bloquons tout” (“Let’s block everything”), calls for a ahutdown of France on September 10 with a … Read more

Lyft CEO says company will save $200M in insurance costs from unionization deal it made with California lawmakers

Lyft CEO David Risher said on Monday that Lyft will save approximately $200 million in insurance costs due to the deal the company made with California lawmakers last month, which is paving the way for ride-hail drivers in the state to unionize. “What we got in return was enormous,” Risher said on stage on Monday … Read more

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