Business
Mortgage rates jump to their highest level in a year and show few signs of falling
The Federal Reserve on Wednesday kept its benchmark interest rate steady, but political and economic developments are pu…
Business
1682 articles
Business
Citadel buys Situational Awareness equity holdings after steep AI losses
Deal comes after Leopold Aschenbrenner’s investment firm held overnight crunch talks with investors…
Business
European nations to boycott World Cup in protest at Fifa’s plans
Move by Uefa deals major blow to efforts to sell stake in new $20bn commercial venture…
Business
BOE Governor Bailey on Rates, Uncertainty, Labor Market
Bank of England Governor Andrew Bailey tells Bloomberg's Francine Lacqua there is "huge uncertainty" in the world at the…
Business
‘Spider-Man: Brand New Day’ Has A Post-Credits Scene, But There’s A Catch
Should you stick around after the credits roll on 'Spider-Man: Brand New Day'? The answer is . . . complicated.…
Business
How Americans feel about Trump’s handling of the war in Iran, according to a new poll
Most Americans say the war in Iran has not been worth fighting, and President Donald Trump’s approval rating on Ir…
Business
Yen Surge Spurs Speculation Japan Intervened in Market Again
The yen surged by more than 3% against the US dollar, marking its biggest jump since December 2023 and stoking speculati…
Business
Fed’s Warsh Rebuked by Investors Craving a Real Inflation Fight
Kevin Warsh’s bare-bones communication style has left investors doubting his commitment to curb inflation, putting more …
Business
The Design Of Buffalo’s Highmark Stadium Heating Up The Bills Mafia
Buffalo's new $2.2 billion Highmark Stadium opens Aug. 8 and Populous was "designing for December" along the way with he…
Business
What’s your ‘AI Type’?
Like many people, I tried ChatGPT shortly after it was released. After marveling at its ability to write silly poems, I …
Business
Trump Accounts And The Two Economies
The accounts that launched this month look like a savings program. They are actually the first bridge across a divide AI…
Business
Pay Attention To The Victims Behind Scams, Various Groups Urge
Today marks World Day Against Trafficking in Persons, with the theme “Trapped Behind the Scam.” This draws attention to …
Business
Samsung reports billions in record profit for Q2 thanks to AI boom
South Korean technology giant Samsung Electronics on Thursday reported a record operating profit of 89.5 trillion won ($…
Business
Americans are spending plenty — but they’re saving much less
Consumer spending rose again in June to cap off a strong second quarter, but households had to dig deep into their savin…
Business
Starbucks Seeing Strong Sales Across the Board, CEO Says
Starbucks CEO Brian Niccol says he is seeing more customers coming into stores more often. Speaking on "Bloomberg Open I…
Business
Oil Holds Gain With Fresh US-Iran Attacks, Kazakh Exports Risk
Energy markets have been rocked by a fresh round of volatility this month, as investors navigated a short-lived pause in…
Business
Israel May Reduce Dependency On American Jets With New Cruise Missiles
Firing a few long-range cruise missiles in lieu of dispatching a fighter strike package to distant targets in either Ira…
Business
Rogan Weighs In On ‘Odyssey’ Culture War: ‘I Don’t Care’ About Casting Controversy
Joe Rogan rebuffed a chorus of conservative critics who have slammed Christopher Nolan’s diverse casting choices in “The…
Business
People are paying $59 to make their phones worse. The reason speaks volumes about the tech world right now
In late 2023, two computer science graduates in Germantown, Wisconsin, started selling a gray square about the size of a…
Business
Yahoo just redesigned its weather app for the ‘weather geek’ in us all
Yahoo just redesigned its weather app for the first time in 13 years, and it might make you want to delete your default …
Business
Why Microsoft’s stock is soaring toward a historic gain after earnings
The company’s cloud business is sporting impressive growth, and Microsoft expects to avoid heading into cash-burn mode a…
Business
Bailey Says Nothing Suggests BOE Edging Toward a Hike
“Please do not leave this room thinking that the Bank of England is edging toward a hike because there is nothing in wha…
Business
Taco Bell Parent Company Says Sales Already Recovering After Cyclospora Outbreak Hit Foot Traffic
The outbreak has sickened thousands and lettuce supplied to Taco Bell is the only source identified by the FDA so far.…
Business
‘Spider-Man: Brand New Day’ Ties An MCU Rotten Tomatoes Review Score Record
Enough people have seen Spider-Man: Brand New Day to start scoring the film online, and as it stands, the movie has tied…