FINANCE

Airfares are surging again after a months-long slump as carriers trim flights to ease a capacity glut

The latest consumer price index report showed airfares jumped 4% in July from the prior month, reversing a slump that…

1 year ago

Elon Musk broadens his long-running feud with OpenAI’s Sam Altman by bringing in a third party: Apple

Elon Musk’s long-standing battle with OpenAI has a new participant: Apple.On Tuesday, Apple found itself the latest target of Elon…

1 year ago

This unprecedented shift in unemployment suggests AI could strand white-collar knowledge workers in a jobless recovery after the next recession

Businesses trying to do more with less have historically leaned on automation during recessions, but the advent of generative AI…

1 year ago

Allbirds revenue has plummeted but it says it has plan

In 2021 when Allbirds’ stock went public, the shoemaker could do no wrong. Riding on the popularity of its eco-friendly…

1 year ago

Just 1% of health R&D targets women. The Gates Foundation aims to change that with $2.5 billion push

Globally, women live an average of three-and-a-half years longer than men, for a variety of genetic, hormonal, and societal reasons.…

1 year ago

Everyone’s watching Jerome Powell as warnings flash for the U.S. economy

A surprisingly weak July employment report has intensified expectations that the Federal Reserve will resume cutting interest rates as soon…

1 year ago

Ghislaine Maxwell holds out for immunity in exchange for testimony to Congress

Ghislaine Maxwell, the imprisoned former girlfriend of disgraced financier Jeffrey Epstein, is open to answering questions from Congress — but only…

1 year ago

US health, tech officials to launch data-sharing plan

Top Trump administration health officials are expected to bring tech companies to the White House this week to roll out…

1 year ago

Tesla misses Wall Street expectations on revenue, earnings per share in second quarter earnings

Tesla’s second quarter earnings signaled the company continues to go through a difficult patch, with both revenue and adjusted earnings…

1 year ago

Trump threatens Washington Commanders’ stadium over name change

President Donald Trump threatened to block the Washington Commanders’ bid to build a new stadium in the District of Columbia,…

1 year ago