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Wall Street resumed trading after the Memorial Day holiday with a familiar trend, as major chipmaker stocks significantly outperformed the broader market.

Economic fluctuations have profoundly impacted American consumer habits in recent years, particularly during hallmark holidays like Mother’s Day and Valentine’s Day. Despite these economic headwinds, Mother’s Day spending surpasses Valentine’s Day, highlighting a shift in consumer priorities and financial resilience. According to the National Retail Federation (NRF), this year’s Mother’s Day spending was projected at $33.5 billion, with consumers spending an average of $254 each. While this figu

Apple faces increasing scrutiny over its App Store fees as a U.S. District Judge raises concerns about its practices. Carson Oliver, Senior Director for Business Management for the App Store, testified before U.S. District Judge Yvonne Gonzalez Rogers in Oakland, California, defending the company’s 27% commission on certain in-app purchases. However, Judge Rogers questioned the justification for this rate, citing a study commissioned by Apple that suggested a rate half of that would be more appr