FINANCE

What oil CEOs really think about Trump’s management of the oil sector: ‘Those who can are running for the exits’

Oil companies may have President Donald Trump cheering them on from the bully pulpit. But in the oil patch, the…

1 year ago

U.S. stocks are chipping away at Europe’s outperformance, and Powell slipped in this dovish signal

After President Donald Trump shocked global markets with his aggressive tariffs earlier this year, investors turned away from the U.S.…

1 year ago

Cracker Barrel foe urges shareholders to vote against ‘worse than mediocre’ CEO after disma

Activist investor Sardar Biglari launched his eighth proxy battle at Cracker Barrel after the dining chain reported disappointing fourth-quarter earnings…

1 year ago

Google tops $3 trillion for the first time, joining select market-cap club with only 3 other members

Google’s parent, Alphabet, reached a $3 trillion market valuation for the first time on Monday, entrenching its place in the ranks of…

1 year ago

One of the most common reasons that AI products fail? Bad data

When Salesforce recently rolled out an AI agent on its website, the agent started to hallucinate and wasn’t giving consistent…

1 year ago

Tylenol maker’s stock lost billions after a rumor linking the medicine to autism. Wall Street says buy the dip as one bank sees a ‘major overreaction’

This week, Kenvue, the consumer health spin-off from Johnson & Johnson, found itself at the epicenter of a market tempest…

1 year ago

RFK Jr. is a ‘threat to the health and wellbeing of every American,’ nephew Joseph Kennedy III says

Members of Robert F. Kennedy Jr.’s family are calling for him to step down as health secretary following a contentious…

1 year ago

McDonald’s CEO is grappling with a ‘two-tier economy’ as he slashes prices on value meals

McDonald’s is banking on burgers and fries to tell a bigger story about the American economy. Chief executive Chris Kempczinski…

1 year ago

Colleges should go ‘medieval’ on students to beat AI cheating, NYU official says

Educators have been struggling over how students should or should not use artificial intelligence, but one New York University official…

1 year ago

New home inventory is at its highest level since just before the housing market collapse that led to the Great Recession, but that doesn’t mean it’s the same market

The U.S. housing market’s inventory is growing, putting pressure on prices and slowing new construction, according to fresh research from…

1 year ago