Author: Staff Writer

BREAKING: Cuba has been hit by another island-wide blackout, leaving roughly 10 million people without power. Officials say the cause is under investigation as the country’s aging electric grid continues to struggle and fuel reserves run low. It’s the second nationwide blackout… pic.twitter.com/MwFlJNYjUl — Fox News (@FoxNews) July 6, 2026 Cuba’s national electrical grid suffered yet another total collapse on July 6, leaving nearly the entire island without electricity. According to the report, the outage began after a failure at the Diezmero substation near Havana triggered a chain reaction that shut down power generation across the country. This marks the…

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The United States is in the middle of a defining conversation about AI infrastructure. But, years in, we are still asking the wrong questions. The infrastructure conversation starts and stops at chips, models, and computing power—and rarely arrives at the harder questions underneath: What should this infrastructure make possible for Americans, and are we actually building toward that? Hardware without human capability is just hardware. The true measure of a nation’s infrastructure is what it enables people to do. By that measure, the United States has a problem. We are investing enormously in AI technology and almost nothing in the…

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The United States’ 250th birthday carries ambitions to galvanize Americans behind nationwide community-service drives and patriotic brand launches. Well-known U.S. nonprofits hope to inspire a record-setting level of volunteerism, while major companies such as Walmart and Coca-Cola are sponsoring tributes and selling limited-edition merchandise.But the private sector’s unifying ambitions have been met with a mixed response, complicated by an uneasy national mood. Fewer Americans see their country as exceptional compared to 10 years ago, according to a recent survey from The Associated Press-NORC Center for Public Affairs Research, part of a broad decline in patriotic sentiment. Views of the American…

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Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Ever since rates spiked and the Pandemic Housing Boom fizzled out in spring 2022, institutional single-family rental (SFR) operators have pulled way back from buying up homes on the resale market—the math just isn’t as appealing right now. Home prices and rents are no longer ripping, holding costs (property taxes and insurance) have jumped, capital markets have shifted their attention elsewhere, and elevated materials prices make renovations expensive. In the post-boom environment, many institutional SFR operators became mild net sellers as their normal…

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Microsoft announced on Monday it is laying off 4,800 employees, or 2.1% of its workforce—with more to come—as part of a massive cost-cutting restructuring effort. The layoffs include major cuts from its Xbox division. In a memo to staffers, Xbox CEO Asha Sharma said Microsoft was “resetting Xbox” and would be cutting a total of 3,200 employees, or 20% of that division, throughout fiscal 2027—including spinning off four gaming studios. Compulsion Games and Double Fine Productions will become independent studios, while Ninja Theory and Undead Labs will be spun off. This amounts to eliminating 1,600 roles now and another 1,600…

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Some summer barbecues are about to look a little different thanks to an unexpected twist on one of America’s favorite cookout staples: the hot dog bun. Famed potato chip brand Pringles is putting buns front and center with new bun flavors just in time for National Hot Dog Day. Dubbed the Pringles Pop Dog Buns, the limited line of potato-based buns are infused with Pringles’ most popular flavors and adding a new flavor element to hot dog recipes. “We wanted to take something everyone knows and completely flip it into an exciting new snackable experience,” Mauricio Jenkins, Salty Snacks Brand…

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A ton of emails have come in about the Israeli leaked video and the timing. Footage has surfaced from Israel, which has been long rumored to have existed. Channel 12 has aired the leaked video in time for the NATO conference confirming Israel ordered the Hannibal Directive in the early hours of October 7th, 2023. This takes place at the Israel police command center.  The video shows what they said: “(Strike) Gaza. Break it all apart. Along with the soldiers who got abducted.” In the first hours of Operation Al-Aqsa Flood, while conversing with Israel’s Police Chief Kobi Shabtai, another…

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Microsoft is cutting 4,800 jobs, about 2.1% of its global workforce, including a large number of workers at its Xbox video game business. The layoffs included 1,600 Xbox workers, with more to come this year in a broader reorganization designed to “reset” Xbox as it faces heightened competition, the company said Monday. “Our business today is not healthy,” said a memo from Xbox CEO Asha Sharma, who took over the gaming division earlier this year. “We are operating at margins that are 3-10x lower than comparable platform and publishing businesses.” Sharma said the industry, in which Xbox competes with Sony’s PlayStation and Nintendo’s Switch,…

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ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 decreased 6.38 points or -0.01% to 69,737.69 • Shanghai decreased 2.405 points or -0.06% to 4,041.238 • Hang Seng increased 266.29 points or 1.14% to 23,616.32 • ASX 200 decreased 13.40 points or -0.15% to 8,831.00 • SENSEX increased 521.16 points or 0.67% to 78,285.07 • Nifty50 increased 159.50 points or 0.66% to 24,430.35 The major Asian currency markets had a mixed day today: • AUDUSD increased 0.00171 or 0.25% to 0.69557 • NZDUSD decreased 0.00095 or -0.17% to 0.57015 • USDJPY increased 0.735 or 0.46%…

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Last month, there were murmurs that “major job cuts” were coming for Xbox. Now, Microsoft is cutting 4,800 roles, with 1,600 impacting its Xbox division today. In an email to employees, Xbox CEO Asha Sharma called it “the most significant restructuring in Xbox history.” In the email, Sharma said she “made the difficult decision” to cut 3,200 roles—including the 1,600 cut today—by the end of the financial year in July 2027. The other 1,600 cuts are in addition to the 4,800 employees leaving Microsoft immediately. As part of the restructuring, Sharma said Xbox will work through a “flatter organization” and…

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