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US Q2 GDP growth of 3% conceals structural issues with private demand rising only 1.2%, the lowest since 2022. Fed shows internal dissent as two officials vote for rate cuts. Meta and Microsoft convert AI investments into revenue growth while entry-level jobs face disruption. Tariffs hit Ford with $800M costs causing losses. Hermès defies luxury slowdown. Data centers demand 40GW power sparking infrastructure debates. Autonomous trucks achieve nighttime breakthrough with 11-second obstacle detection advantage.
By Wall Street PodcastUS Q2 GDP growth of 3% conceals structural issues with private demand rising only 1.2%, the lowest since 2022. Fed shows internal dissent as two officials vote for rate cuts. Meta and Microsoft convert AI investments into revenue growth while entry-level jobs face disruption. Tariffs hit Ford with $800M costs causing losses. Hermès defies luxury slowdown. Data centers demand 40GW power sparking infrastructure debates. Autonomous trucks achieve nighttime breakthrough with 11-second obstacle detection advantage.