How to Watch Fed Chair Jerome Powell's Press Conference

The Federal Reserve's interest-rate decision is due at the top of the hour. Chair Jerome Powell will hold a news conference at 2:30 p.m. You can watch it live here:

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Kroger Posts Lower Profit, Sales

Kroger KR -0.65%decrease; red down pointing triangle logged lower profit and sales in its latest quarter, though the company slightly raised its 2025 same-store sales outlook on recent sales momentum despite an uncertain macroeconomic environment. The Cincinnati supermarket chain on Friday posted net income of $866 million, or $1.29 a share, for its three months ended May 24, compared with $947 million, or $1.29 a share, a year earlier. Kroger had about 664 million shares outstanding at the end of the recent quarter, compared with about 727 million a year earlier.

Yahoo

14 minutes ago

• Yahoo

McMenamin: Sale of Lakers won't affect LeBron James' future with team

With a majority share of the Los Angeles Lakers set to be sold by the Buss family to Mark Walter, who has been the Los Angeles Dodgers' primary owner since 2012, plenty of fans are wondering what that will mean as far as LeBron James' future with the team. James has a player option for next season that will pay him $52.6 million if he exercises it. He can also opt out and sign a new, slightly contract, whether he takes a pay cut or even agrees to one that would pay him more than his current deal. Advertisement Some have criticized the Buss family for allegedly caving in to the whims of James and Klutch Sports when it comes to personnel moves. But according to ESPN's Dave McMenamin, the regime change won't change James' desire to remain with the franchise. 'I'm told that one person that this decision to sell the team has no bearing on his decision moving forward with the Lakers is LeBron James. He still has a decision at the end of the month to decide whether to opt in for next year's contract worth about $56 million or opt out and become a free agent. 'This decision by the Lakers to sell the team has no bearing on where LeBron is going to choose to go next year. And, again, we've been given no indication thus far that LeBron won't be a Laker next season.' James averaged 24.4 points, 8.2 assists and 7.8 rebounds a game while shooting 51.3% from the field and 37.6% from 3-point range this season. Assuming he plays next season, as most expect him to, he would be participating in his 23rd NBA season, which would be a new league record. This article originally appeared on LeBron Wire: McMenamin: Sale of Lakers won't affect LeBron James' future with team

Yahoo

14 minutes ago

• Yahoo

Uber Expands AI Data Platform to Power Next-Gen Enterprise and AI Lab Needs

SAN FRANCISCO, June 20, 2025--(BUSINESS WIRE)--Uber Technologies, Inc. (NYSE: UBER) today announced a major expansion of its AI data services business, Uber AI Solutions, making its technology platform available to support AI labs and enterprises around the world. The new offerings include customized data solutions for building smarter AI models and agents, global digital task networks, and tools to help companies build and test AI models more efficiently. Over the past decade, Uber has developed deep expertise in collecting, labeling, testing, and localizing data for its own global operations, including optimizing the search of places or menu items, training self-driving car systems, building Gen AI agents for customer support, and translating content in more than 100 languages. Now that same expertise is being made available to other businesses through Uber AI Solutions, the company's dedicated team focused on powering the next generation of artificial intelligence. "We're bringing together Uber's platform, people, and AI systems to help other organizations build smarter AI more quickly," said Megha Yethadka, GM and Head of Uber AI Solutions. "With today's updates, we're scaling our platform globally to meet the growing demand for reliable, real-world AI data." What's New Global digital task platformUber AI Solutions is now available in 30 countries with a platform that connects enterprises to global talent, including experts in coding, finance, law, science, and linguistics. These tasks include annotation, translation, and editing for multi-lingual and multi-modal content. Powered by Uber's foundational platforms for identity, verification, payments and more, this expands Uber's gig work model into the world of AI. A new data foundryA new service that provides ready-to-use and custom-collected datasets—including audio, video, image, and text—to train large AI models. Built with data collected by individuals around the world using Uber technology, the data foundry supports use cases on generative AI, mapping, speech recognition, and others, with built-in privacy and compliance. Agentic AI supportUber AI Solutions is offering the tools and data to help train smart AI agents, including realistic task flows, high-quality annotations, simulations and multilingual support, helping AI agents understand and navigate real-world business processes. Shared infrastructure for AI buildersUber is making its internal platforms available to enterprise clients. These are the same platforms Uber uses to manage large-scale annotation projects and validate AI outputs, and includes AI-powered smart onboarding, quality checks, smart task decomposition and routing, and feedback loops to ensure accuracy and efficiency. Building the human intelligence layer for AI With these advancements, Uber AI Solutions is poised to become the human intelligence layer for AI development worldwide—combining software, operational expertise, and its massive global scale. Looking ahead, Uber is building an AI-powered interface that will allow clients to simply describe their data needs in plain language, letting the platform handle setup, task assignment, workflow optimization, and quality management for scalable AI training. About Uber Uber's mission is to create opportunity through movement. We started in 2010 to solve a simple problem: how do you get access to a ride at the touch of a button? More than 61 billion trips later, we're building products to get people closer to where they want to be. By changing how people, food, and things move through cities, Uber is a platform that opens up the world to new possibilities. View source version on Contacts Uber Press Contact: press@