Another sell-off for AI stocks knocks Wall Street back to where it was 5 weeks ago

This fund proves that the industry’s demise at the hands of artificial intelligence has been somewhat exaggerated.

In April, the price of tomatoes was around $2.69 per pound — the highest seen in some four decades. So what's driving the price spike? Jacob Krempel, senior vice president of procurement and merchandising at the wholesale food distributor Baldor, joins Tracy Alloway and Joe Weisenthal to unpack why consumers are paying more and more at the grocery store. (Source: Bloomberg)

Are layoffs on the rise? The number of people seeking unemployment benefits rose again in early June, but it isn’t because businesses are cutting more jobs.