US stocks closed Monday with mixed results as investors braced for a key earnings report and upcoming economic data later in the week.
The Dow Jones Industrial Average rose 65 points, or 0.2%,...
Stocks have surged back from recent lows as fresh economic data eases recession fears.
The S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) are both showing positive gains for the month, despite an initial...
After 18 months of promoting artificial intelligence and its potentially transformative impact on corporate profits and human productivity, Wall Street is growing more skeptical.
Analysts have recently scrutinized the financials underpinning the technology....
WASHINGTON — With inflation rates remaining high, officials from the Federal Reserve conveyed a sense of caution during their recent meeting regarding the possibility...
The Supreme Court has decided to engage in a significant legal dispute concerning the $8 billion annually allocated by the federal government to subsidize...
The Supreme Court has decided to allow a significant class action lawsuit against Meta, the parent company of Facebook, to move forward. This lawsuit...
Nvidia has reported impressive quarterly earnings that have surpassed the expectations of financial analysts. The tech company's semiconductors have experienced a surge in demand,...
NEW YORK — On Wednesday, the founder of Archegos Capital Management, a hedge fund, received an 18-year prison sentence for committing fraud related to...
Spirit Airlines announced on Monday its decision to seek bankruptcy protection as part of efforts to reestablish itself in the wake of a significant...
SAN FRANCISCO — The U.S. antitrust agencies that have taken a hard stance against major technology firms under President Joe Biden may find themselves...
General Motors has announced the layoff of approximately 1,000 employees globally as part of its strategy to reduce expenses while competing in a highly...
Wholesale prices in the United States experienced an increase last month, indicating that inflationary pressures continue to linger within the economy, albeit at relatively...
Disney's adjusted profits for the fourth quarter surpassed analysts' forecasts, driven by robust performance in the entertainment sector and streaming services. The company...
A larger Federal Reserve rate cut in September could unsettle investors.
While lowering interest rates might stimulate the economy, it raises the question: how much economic support is actually needed?
Last week, Federal Reserve...
Two Federal Reserve officials signaled on Thursday that a rate cut may be on the horizon, as strong economic data led financial markets to scale back expectations for a significant reduction in...
Bitcoin is still on track to nearly double from current levels this year, despite the crypto's steep sell-off, according to Anthony Scaramucci.
The Skyridge Capital founder and longtime crypto bull said he saw a number...
MELBOURNE, Australia — On Wednesday, the House of Representatives in Australia approved a groundbreaking piece of legislation aimed at protecting minors from social media access. The bill prohibits children under the age...
FRANKFORT, Ky. — The Attorney General of Kentucky has broadened an ongoing lawsuit related to opioid abuse by including a major pharmacy benefit manager, alleging that it played a role in fueling...
NEW YORK — Federal authorities in New York are currently looking into documents from Evolv, the company behind an AI-assisted weapons detection scanner that was briefly used in the subway system over...
WASHINGTON — With inflation rates remaining high, officials from the Federal Reserve conveyed a sense of caution during their recent meeting regarding the possibility of rapidly decreasing interest rates, which adds to...
President-elect Donald Trump is poised to assume office next year, bringing with him an array of technological resources that could assist in fulfilling his campaign commitment to intensify immigration enforcement. Among these...
The upcoming Thanksgiving travel period is projected to be more extensive than in previous years. According to AAA, close to 80 million individuals in the United States are anticipated to travel at...
NEW YORK — As she prepares to leave her position, the head of the top public health agency in the United States is urging the incoming administration to remain vigilant and continue...
In a recent development, three lawmakers from Massachusetts are urging Defense Secretary Lloyd Austin to reevaluate the operational status of the military's V-22 Osprey aircraft. They advocate for the grounding of this...
SACRAMENTO, Calif. — Health officials in California have reported the presence of the bird flu virus in a retail sample of raw milk sourced from a Fresno dairy.
The positive...
Egg prices are experiencing another uptick amid an ongoing bird flu outbreak that is coinciding with the heightened demand associated with the holiday baking season. However, these prices remain considerably lower than...
NEW YORK – On Monday, numerous Microsoft 365 users across the globe experienced disruptions affecting popular services, including Outlook and Teams.
Reports of complications began flooding social media, particularly on platforms such...
NEW YORK — This holiday season, a significant number of consumers are expected to take advantage of ‘buy now, pay later’ (BNPL) plans, which allow shoppers to spread their payments over time....
**Trump Faces Economic Challenge Amidst Deepening Debt Issues**
Donald Trump is gearing up to implement significant economic changes, but he faces a substantial obstacle in the form of the national debt. With ambitious...
BAKU, Azerbaijan — In the early hours of Sunday, nations across the globe found common ground at the United Nations climate conference, agreeing on a financial strategy for wealthier countries to aid...
Scott Turner has been chosen by President-elect Donald Trump to lead the Department of Housing and Urban Development (HUD). A former NFL player, Turner previously chaired the White House Opportunity and Revitalization...
MEXICO CITY — In recent times, Mexico has faced significant criticism for supposedly acting as a route for Chinese components and products entering North America. This situation has raised concerns among Mexican...
Washington, D.C. — President-elect Donald Trump has selected financial expert Scott Bessent as his nominee for the Treasury Secretary position. Bessent, known for his advocacy of deregulation and reducing the federal deficit,...
The Supreme Court has decided to engage in a significant legal dispute concerning the $8 billion annually allocated by the federal government to subsidize internet and phone services in various institutions, including...
MELBOURNE, Australia — On Wednesday, the House of Representatives in Australia approved a groundbreaking piece of legislation aimed at protecting minors from social media access. The bill prohibits children under the age...
MELBOURNE, Australia — On Wednesday, the House of Representatives in Australia approved a groundbreaking piece of legislation aimed at protecting minors from social media access. The bill prohibits children under the age...
NEW YORK — Federal authorities in New York are currently looking into documents from Evolv, the company behind an AI-assisted weapons detection scanner that was briefly used in the subway system over...
President-elect Donald Trump is poised to assume office next year, bringing with him an array of technological resources that could assist in fulfilling his campaign commitment to intensify immigration enforcement. Among these...
In a recent development, three lawmakers from Massachusetts are urging Defense Secretary Lloyd Austin to reevaluate the operational status of the military's V-22 Osprey aircraft. They advocate for the grounding of this...
NEW YORK – On Monday, numerous Microsoft 365 users across the globe experienced disruptions affecting popular services, including Outlook and Teams.
Reports of complications began flooding social media, particularly on platforms such...
The Supreme Court has decided to engage in a significant legal dispute concerning the $8 billion annually allocated by the federal government to subsidize internet and phone services in various institutions, including...
The Supreme Court has decided to allow a significant class action lawsuit against Meta, the parent company of Facebook, to move forward. This lawsuit originates from the privacy issues linked to the...
U.S. authorities are taking bold steps to enhance competition in the online search arena following a federal judge's ruling that Google has unlawfully dominated the market for the past decade.
The...
WASHINGTON — Initially, when Elon Musk proposed an initiative aimed at reducing the size of the federal government, Donald Trump appeared to dismiss the idea. The concept, eventually dubbed the Department of...
Nvidia has reported impressive quarterly earnings that have surpassed the expectations of financial analysts. The tech company's semiconductors have experienced a surge in demand, primarily due to their application in artificial intelligence...
HELSINKI, Finland — On Wednesday, Finnish officials announced the initiation of an inquiry into a data cable that was damaged beneath the Baltic Sea. This development adds to an ongoing investigation in...
The CEO of Delta Air Lines has expressed optimism about the incoming Trump administration, describing it as a potential “breath of fresh air” for the airline sector, which he believes has faced...
Images of girls depicted with nude bodies have resulted in resignations of key figures at a private school in Pennsylvania, sparked protests from students, and prompted a criminal investigation.
In August, a juvenile...
Sally Buzbee, who previously held the position of executive editor at The Washington Post and The Associated Press, is set to join Reuters as the chief editor for the United States and...
The V-22 Osprey, a unique aircraft known for its ability to fly like an airplane and land like a helicopter, has resumed flights after a protracted grounding due to a tragic crash...
WEST PALM BEACH, Fla. — President-elect Donald Trump is reportedly set to attend a SpaceX “Starship” rocket launch on Tuesday, highlighting the growing influence of founder Elon Musk within Republican circles. ...
The Associated Press announced on Monday its decision to initiate a series of buyouts and select layoffs, aiming to decrease its workforce by approximately 8% while enhancing its shift towards a digital-first...
SAN FRANCISCO — The U.S. antitrust agencies that have taken a hard stance against major technology firms under President Joe Biden may find themselves more constrained by Donald Trump if he regains...
General Motors has announced the layoff of approximately 1,000 employees globally as part of its strategy to reduce expenses while competing in a highly competitive automotive industry.
Most of the affected employees...
SAN FRANCISCO — The trial of Nima Momeni, a technology consultant facing murder charges in the stabbing death of Cash App creator Bob Lee, witnessed a tense exchange between Momeni and the...
