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Meta chief Zuckerberg doubles down on AI spending

A Meta chief Mark Zuckerberg on Wednesday defended massive spending on artificial intelligence that dragged down shares despite strong earnings boosted by the technology. The social networking colossus raised its capital expenditures for this year to a range of $125…

AP Business SummaryBrief at 7:49 p.m. EDT

A Powell plans to remain on Fed board, cites legal actions by Trump administration WASHINGTON (AP) — Jerome Powell plans to remain on the board of the Federal Reserve after his term as chair ends next month “for an undetermined…