Wall Street gears up for a busy week with expectations surrounding the Federal Reserve's interest rate decision and NVIDIA's annual GTC Conference, while Alphabet's shares move following talks with Apple regarding Gemini's AI features on the iPhone.
U.S. wage growth has significantly slowed in the past year, approaching pre-pandemic levels, with the most significant deceleration seen in low-wage sectors, according to data from career site Indeed.
The National Highway Traffic Safety Administration issued multiple recalls, including ones for Peterbilt and Kenworth semi-trucks due to improper crimped connectors in the gear shifter.
Standard Chartered raised its year-end bitcoin price forecast to $150,000 and predicted BTC could reach $250,000 in 2025, while also stating that the approval of a spot exchange-traded fund in the U.S. could push the ether price to $8,000 by year-end.
Blue Bell Ice Cream has unveiled a new flavor, Gooey Butter Cake Ice Cream, in celebration of its expansion into St. Louis, featuring cake batter ice cream with a cream cheese swirl and gooey butter cake pieces.
Fabric and craft retailer JOANN Inc. has filed for bankruptcy and entered into an agreement to strengthen its financial position, but its stores and website will continue to operate as usual.
Tesla will raise the prices of all Model Y vehicles in the United States by $1,000 on April 1, 2024, and will also increase the prices of Model Y cars in Europe on March 22, 2024, by nearly 2,000 euros, while continuing to offer incentives such as free Supercharging for certain models.
Paid loyalty programs are becoming more popular among businesses, offering perks and special treatment to customers for an upfront fee, as it is cost-effective for companies to retain existing customers and fulfills humans' need for belonging.
The price of Bitcoin is predicted to soar to $150,000 by mid-2025 and $200,000 by the end of 2025 due to increased demand from spot Bitcoin exchange-traded funds and the upcoming halving event, making it a potentially attractive investment for risk-tolerant investors with a long-term mindset.
Berkshire Hathaway CEO Warren Buffett's 13F filings provide valuable insight into what stocks and trends are catching the attention of Wall Street's top investors.
Adobe's stock price dropped after its latest earnings report, as slowing sales growth and challenges with its generative AI platform suggest it may struggle to reach the trillion-dollar mark like some of its peers in the tech industry.
Adobe's stock price dropped 11% after-hours due to its latest earnings report, despite its revenue exceeding expectations, suggesting that the company's slowing sales growth and lackluster guidance are impacting its momentum and potential for joining the trillion-dollar club.
People in the cooking community share the cooking advice they ignore, including salting eggs, rinsing chicken, sifting flour, and using pre-shredded cheese.
Crude oil prices continue to rise, driven by concerns about supply and the prospect of a deficit in the oil market, as well as recent drone attacks on Russian refineries.
Consumer healthcare firm Haleon has announced that Pfizer, its top shareholder, will reduce its stake in the company to around 24%, with the sale of 630 million shares estimated to be worth $2.58 billion, as it plans to cut its ownership in a "slow and methodical" manner within months.
Tesla is raising the prices of its Model Y cars in the United States and Europe in order to boost profit margins and encourage buyers to place orders before the end of Q1.
Federal Reserve officials are expected to signal this week whether they still believe three interest rate cuts are likely in 2024, as markets react to hotter-than-expected inflation readings and cautious commentary from the Fed.
The Biden administration is set to release new regulations aimed at increasing the adoption of electric vehicles in the next few days, although critics argue that it will raise costs for consumers and does not effectively address pollution concerns.
Hertz CEO Stephen Scherr is stepping down after the company's disastrous venture with EVs, and will be replaced by Gil West, former COO of GM's Cruise division, as the company unloads a third of its electrified fleet due to Tesla's drastic price cuts and unpopularity with renters.
Taiwan Semiconductor Manufacturing Co. (TSMC) is experiencing a stock rally despite geopolitical concerns, as foreign investors see the potential for artificial intelligence (AI) to be the company's biggest growth driver this year.
Elon Musk's xAI has open-sourced the base code of the Grok AI model, a 314 billion parameter Mixture-of-Expert model, which has already sparked interest from AI tool makers like Perplexity CEO Arvind Srinivas who plans to fine-tune it for conversational search and make it available to Pro users.
The criminal trial in San Francisco federal court will examine whether the $11 billion acquisition of British software maker Autonomy by Hewlett Packard was an illegal rip-off or a case of mismanagement, with former Autonomy CEO Mike Lynch and former vice president of finance Stephen Chamberlain defending themselves against 16 counts of fraud and conspiracy.
Elon Musk has released the computer code for his AI company's chatbot named Grok, in a move that further intensifies his rivalry with OpenAI and its CEO Sam Altman.
Most Asian stocks were cautious ahead of key central bank meetings, while Japanese stocks outperformed on expectations of increased wages and despite speculation that the Bank of Japan would end its dovish monetary policies. Chinese stocks rose despite mixed economic data showing strength in manufacturing output and slower consumption.
The National Realtor Association has agreed to eliminate the 6% commission rate for realtors, potentially reducing the costs of the homebuying process, but the impact on home prices remains uncertain.
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Uber has agreed to pay $178m to settle a lawsuit with taxi and hire car drivers in Australia who claimed they lost earnings to the ride-hailing app, marking one of the most successful legal actions ever taken against Uber.
Target has introduced a new express self-checkout system for customers with 10 items or fewer, aiming to improve efficiency and customer experience, while also reducing theft.
Uber will pay $178 million to settle a dispute with Australian taxi and hire car drivers who suffered financial losses when the company entered the Australian market, avoiding a trial in the Supreme Court of Victoria.
Boston-based startup Foodberry has developed an edible coating that mimics fruit skin and eliminates the need for plastic-based packaging, offering a sustainable and nutritious alternative for traditionally hard-to-transport foods.
Taiwan Semiconductor Manufacturing Co. (TSMC) is experiencing a record stock rally driven by the frenzy over artificial intelligence (AI), as foreign investors increase their ownership of the company to a two-year high, despite concerns over geopolitical tensions with China.
McDonald's experienced a global technology outage that affected their restaurants and app, highlighting their increasing reliance on tech systems common in the food service industry, causing temporary disruptions and forcing some locations to only accept cash; the company's annual report previously warned about the potential risks of technology outages and the use of artificial intelligence tools.
AT&T denies the origin of a data breach impacting 71 million people, but confirmed entries in the leaked database suggest the data may be legitimate, posing potential risks to AT&T customers.
Reddit's initial public offering (IPO) is oversubscribed by four to five times, making it likely to reach its targeted valuation of $6.5 billion, despite its history of losses and content moderation issues.
DirecTV will offer customers the option to opt out of local TV stations in order to receive a $12 monthly discount on their subscription.
The Massachusetts Bay Transportation Authority will suspend Orange Line service between Jackson Square Station and North Station for four days, allowing for infrastructure upgrades and providing riders with a more reliable and safer trip.
The global chocolate industry is facing a crisis as demand for chocolate is outpacing the available cocoa supply, leading to skyrocketing cocoa prices and inevitably making chocolate treats more expensive worldwide.
Reddit's IPO is oversubscribed by four to five times as it aims for a $6.5 billion valuation, suggesting it will likely reach its targeted price range, according to confidential sources, despite its history of financial losses and challenges in commercial success.
Despite overall growth in the electric vehicle (EV) market, EV makers are facing challenges with slower-than-expected sales, leading to price cuts, rising inventories, and increased incentives, putting some startups at risk of financial trouble, including Fisker, Rivian, and Lucid.
Investing in high-yield monthly dividend ETFs can provide a reliable and potentially early retirement income stream, with options such as the Virtus InfraCap U.S. Preferred Stock ETF (PFFA) and the Cohen & Steers Quality Income Realty Fund (RQI) offering attractive yields and strong total returns in a well-diversified portfolio.
The Mega Millions jackpot is estimated at $875M, while the Powerball jackpot is estimated at $645M, with the odds of winning being extremely slim.
Reddit Inc.'s initial public offering (IPO) is significantly oversubscribed, indicating strong demand for its shares and suggesting that it will likely achieve its target price range when it goes public.
Satellite content distributor DirecTV will allow subscribers to opt out of receiving local TV stations in exchange for a $12 monthly discount, as consumers increasingly seek more control over their programming choices and costs.
The Mega Millions and Powerball lotteries in the US have reached massive jackpots, with the Mega Millions estimated at $875m and Powerball at $645m, making it only the sixth time in the game's history that the jackpot has been this large.
Costco shoppers in California have been finding bottles of Blanton's Single Barrel Bourbon, a hard-to-find whiskey, at significantly lower prices than usual, with one customer purchasing a bottle for $56.89 instead of the usual prices of over $100 in Kentucky and $220 elsewhere.
Costco shoppers have discovered rare and sought-after bottles of Blanton's Single Barrel Bourbon, typically priced over $100, available at select locations for as low as $56.89, providing an unexpected opportunity for whiskey enthusiasts.
Target has implemented changes to its self-checkout kiosks, including the introduction of Express Self-Checkout where customers can only bring a maximum of 10 items, resulting in faster checkout times and improved customer experience.
Nippon Steel's proposed acquisition of U.S. Steel, which is facing opposition from President Biden and scrutiny from unionized steelworkers, will not result in any layoffs or plant closures according to a statement released by the company.
The Federal Reserve and the Office of the Comptroller of the Currency (OCC) are fining JPMorgan Chase $348.2 million for engaging in unsafe banking practices related to its trade surveilling program.
Adobe stock experienced a decline after reporting record revenue but a weak Q2 fiscal 2024 guidance, raising questions about the impact on AI growth stocks and highlighting the challenges of monetizing AI.
Prosecutors are recommending a sentence of 40-50 years and an $11 billion money judgment for Sam Bankman-Fried, the founder of FTX, who was found guilty of defrauding investors and mishandling customer funds.
