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The latest U.S. jobs report reveals the labor market has entered a sharp slowdown. With only 73,000 jobs added in July and major downward revisions to May and June, economists describe this as being in the “eye of the hurricane”, signifying the core of a labor-market storm fueled by trade uncertainty, high rates, and immigration pressure.
Federal Reserve Governor Adriana Kugler will resign effective August 8, 2025, creating a vacancy on the Fed’s Board—and Federal Open Market Committee. President Trump now has the opportunity to nominate a replacement aligned with his preference for aggressive interest rate cuts.
A federal jury in Miami ruled that Tesla was 33% liable for a 2019 fatal crash involving its Autopilot system. The company has been ordered to pay approximately $242.5 million—a share of $329 million in total damages—to the victim’s family and injured survivor. Tesla plans to appeal.
Each August, Martha’s Vineyard becomes a bustling hub for Black entrepreneurs, innovators, and creatives. The island transforms into a vibrant ecosystem of networking, empowerment, and celebration of Black excellence.
In 2025, serverless computing is the preferred model for agile cloud development, reducing costs and boosting scalability for startups and enterprises alike.
In 2025, businesses are increasingly adopting multi-cloud and hybrid cloud strategies to optimize performance, cost, and resilience.
In 2025, cloud platforms like AWS, Google Cloud, and Azure lead the race in AI model training, democratizing access to large-scale compute.
As cyberattacks surge, zero-trust architecture becomes the security default for cloud computing across governments and enterprises in 2025.
In 2025, cloud providers invest in renewable energy and efficient infrastructure to power sustainable digital growth across the globe.
In 2025, cloud-based development tools like Codespaces and Replit are streamlining global software development and team collaboration.
