Amazon hikes 2026 capex to $220 billion due to higher memory costs

Amazon reported surging cloud growth during the second quarter, pointing to strong artificial intelligence demand, and the company boosted its capital spending forecast for the year. The stock shot up…

Senate passes bill to lower housing costs and restrict Wall Street from buying homes

WASHINGTON — The Senate voted overwhelmingly Monday to pass a sweeping housing affordability bill aimed at lowering costs, putting Congress on the brink of a rare bipartisan victory in President…