Your Fixed Expenses Are the Levers That Move Your Budget the Most

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The 8th pay commission has extended its window seeking submission of data from various central and state government and union territory (UT) departments and ministries through its 8th CPC Online Data Portal. While the earlier deadline was on 30 June, this has now been extended to 31 July 2026 in an order this week, giving…

Key Points Meta reportedly plans to put its in-house “Iris” AI chip into production in September, with Broadcom helping design it and TSMC manufacturing it. The company reportedly plans to deploy 7 gigawatts of computing capacity this year and double that to 14 gigawatts in 2027. Meta expects 2026 capital expenditures of $125 billion to…

A larger share (68%) disagreed that everyone has the same opportunity to benefit from the technology. That skepticism holds steady across every income bracket. Even among households earning $200,000 or more, 62% disagreed that AI opportunity is evenly distributed, while the figure climbed to 73% among those earning under $50,000. Usage climbs despite the doubts…

Missed payroll expectations and revised April and May numbers put the Fed in a tough spot for rate cuts. June’s employment numbers showed almost no change from the previous month, as the Bureau of Labor Statistics reported a 4.2% unemployment rate and an estimated 57,000 nonfarm payroll jobs, roughly half the 115,000 economists expected. At…