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EU fines Google B, escalating trade tensions with US

European regulators have fined Google 890 million euros ($1 billion), alleging the company gives preferential treatment to its own services. The Trump administration says this will affect the trade relationship between the U.S. and the European Union.U.S. Trade Representative Jamieson Greer points out in a statement that the latest fine…

Fidelity says retiree healthcare costs hit 5,500 in 2026 report

Fidelity Investments released its 25th annual estimate of retiree healthcare costs, which revealed a significant jump from a year ago as medical care and related expenses become more expensive. The report estimated that a 65-year-old who retires in 2026 can expect to spend an average of $185,500 on healthcare and medical expenses throughout their retirement. That amount is an increase of 7.5% from last year amid rising healthcare prices, growth in the utilization of medical…

Finance news

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Business

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Land Rover Discovery Sport recall targets rearview camera water damage

Jaguar Land Rover is recalling more than 15,000 vehicles over an issue that could affect the rearview camera, which could limit the driver’s rear visibility while reversing, according to federal regulators. A total of 15,535 vehicles are potentially affected by the recall, covering 2021-2025 Land Rover Discovery models, the National…

Markets

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AI is actually making Google search bigger

Google says its search function is not dead, it’s thriving.In a Wednesday earnings call, Alphabet CEO Sundar Pichai said Google’s AI-powered features, such as AI Overviews and AI mode, were driving growth in search queries.Pichai said he saw this in full effect during the FIFA World Cup that started in…

Investing

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