Tesla stock surged 10% and added over $70 billion to its market value after Morgan Stanley upgraded it and highlighted the potential value of its Dojo supercomputer, which could drive a 50% increase in the company's stock upside.
SpaceX has signed a deal with Telesat to launch 14 of their internet satellites using the Falcon 9 rocket, providing affordable and reliable launch services beginning in 2026.
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A UPS delivery driver in North Texas died after collapsing in the extreme heat, with the cause of death still under investigation.
U.S. stock futures rise as investors await key inflation data and economic indicators ahead of the Federal Reserve's decision on interest rates, while positive economic news from China boosts global risk sentiment.
MGM Resorts International has experienced a cybersecurity issue, resulting in the shutdown of its main website and online reservations, prompting an investigation into the incident.
Gap reported declining sales across all four of its brands and lowered its current-quarter guidance, citing an "uncertain consumer," with net sales projected to decrease in the low double-digit range for the fiscal third quarter compared to the previous year.
UBS has reported a record-breaking profit of $28.88 billion in the second quarter, the largest ever reported by a bank.
Geologists have discovered a massive lithium deposit inside an ancient supervolcano along the Nevada-Oregon border, potentially holding the largest lithium reserve in the world, worth $1.48 trillion, but the mining plan has faced criticism due to environmental concerns and the site being on sacred Native American land.
McDonald's is phasing out self-serve soda fountain machines in its dining rooms across the US by 2032 due to factors such as food safety, theft prevention, and the shift towards digital ordering.
Shares of Better Home & Finance Holding, the parent company of digital lender Better.com, plummeted 93.4% on its Nasdaq debut after merging with a special purpose acquisition company (SPAC), due to a weak mortgage market and dwindling investor interest in SPACs.
Hawaiian Electric Co. left bare and uninsulated power lines exposed to the weather and thick foliage, which contributed to the rapid spread of the deadly Maui fires sparked by downed power poles.
Trader Joe's has issued its sixth food recall since July, recalling its Texas Tamale Company Gourmet Black Bean Tamales due to the potential presence of milk allergens.
The United States has already experienced 23 billion-dollar weather and climate disasters in 2021, surpassing the previous record of 22 events in 2020, with a total cost of $57.6 billion and the potential for more to come.
A federal judge ruled that the U.S. Consumer Financial Protection Bureau (CFPB) does not have broad authority to address discriminatory banking practices, favoring financial industry groups that sued the regulator.
US prosecutors are investigating Tesla over alleged use of company funds for a secret project described internally as a house for Elon Musk, the electric carmaker’s chief executive.
SpaceX's Starship rocket prototype, which has undergone numerous fixes and upgrades, is ready to launch, according to Elon Musk, although there are still some necessary paperwork and potential demonstrations of improvements required by the FAA before the launch can take place.
Indian Prime Minister Narendra Modi warned that if nations with critical minerals do not view their custodianship as a "global responsibility," it could lead to a new form of colonialism, as the race to secure resources for energy transition goals intensifies.
Gold prices could receive a boost from key technical indicators, U.S.-China tensions, and weaker economic data, despite some challenges, according to Arslan Butt, Lead Commodities and Indices Analyst at FX Leaders.
JetBlue Airways has agreed to hand over Spirit Airlines' operations at airports in Boston and Newark to Allegiant in an effort to save its proposed purchase of Spirit and demonstrate its commitment to promoting competition.
Today's mortgage interest rates for 30-year fixed rate mortgages are at 7.56%, while 15-year fixed rate mortgages are at 6.79% and 5/1 adjustable rate mortgages are at 6.56%.
Workers at a major Tokyo department store went on strike for the first time in decades after talks over the planned sale of their company broke down, with concerns over job and business continuity guarantees.
Two new Covid shots from Pfizer-BioNTech and Moderna have been approved by the FDA and are expected to be available soon as cases continue to rise in some parts of the US, with preliminary research suggesting they offer protection against the dominant variant and other concerning variants.
Fossil fuel subsidies reached a record $13 million per minute in 2022, amounting to $7 trillion for oil, gas, and coal, despite being the main contributor to the climate crisis, according to the International Monetary Fund (IMF), which also stated that ending these subsidies would be crucial for climate action and could lead to a decrease in global heating, prevent air pollution deaths, and generate trillions of dollars in government revenues.
Starbucks brings back their Pumpkin Spice Latte along with a new fall menu, featuring seasonal beverages like Iced Apple Crisp Oatmilk Shaken Espresso and Iced Pumpkin Cream Chai Tea Latte.
China halves stamp duty on stock trading in an attempt to boost the struggling market and investor confidence amid a weakened economy and a slump in industrial profits.
UBS Group will cut 3,000 jobs in Switzerland and aims to save over $10 billion in costs as part of its plan to absorb Credit Suisse’s local arm, following its takeover of the struggling rival bank.
Kroger plans to sell 10 Harris Teeter stores in the D.C. area to C & Wholesale Grocers as part of its divestment strategy for its merger with Albertsons.
Elon Musk announced that voice and video calling will soon be available on X, making it a direct competitor to platforms like Facetime and WhatsApp with no need for a phone number, although similarities exist with Telegram's features.
German car manufacturer BMW will invest £600 million in producing electric vehicles at its Mini plant in Oxford, securing 4,000 jobs and strengthening production lines.
A St. Louis County jury awarded $745 million to the parents of a woman who was killed by a driver under the influence of Whip-It! nitrous oxide, holding the company that distributes the product 70% liable.
A recent study suggests that blending certain fruits, particularly bananas, in smoothies can decrease the absorption of heart-healthy flavanols, and recommends using ingredients with low polyphenol oxidase (PPO) activity, such as pineapple or oranges, to optimize flavanol absorption.
Hurricane Idalia may become the costliest climate disaster in the US this year, with potential damages estimated between $9.36bn and $20bn, highlighting the increasing frequency and severity of weather-related events that are impacting the insurance and risk management industries.
Walt Disney Co. and Charter Communications have reached an agreement that restores Disney channels to Charter's pay-TV service, with Charter gaining the ability to offer Disney's ad-supported streaming apps and Disney programming having access to Charter's television service, preserving the cable bundle for now.
The European Union's purchases of Russian liquefied natural gas (LNG) have surged despite their vow to reduce imports over Russia's invasion of Ukraine, raising questions about their efforts to weaken Russia's war chest.
The FDA has approved updated COVID-19 vaccine and booster shots, targeting new variants, and making them available for Americans as young as 6 months old from Moderna and Pfizer.
The average rate on a 30-year fixed mortgage has risen to the highest level since 2001, making housing affordability even more difficult for buyers.
Despite nobody winning the $345 million Powerball jackpot, there were many winners in Ohio with smaller prize amounts, and the next jackpot is estimated to be $363 million.
Gas prices in the US are at historically high levels for Labor Day weekend due to factors including OPEC supply cuts and extreme heat affecting refineries, with the national average for regular gas at $3.83 per gallon, just shy of the record set in 2012 at $3.84 per gallon.
The Powerball jackpot has reached $522 million, making it one of the largest jackpots of the year.
U.S. stock futures rise ahead of inflation and jobs data, with the key jobs report on Friday being the main focus for investors as they assess the possibility of interest rate changes.
California restaurants and unions have agreed to raise the minimum wage for fast-food workers to $20 per hour, avoiding a potential ballot fight over a previously passed law.
Artificial intelligence is becoming so integral to people's lives that they will soon not be able to remember a world without it, according to Snowflake CEO Frank Slootman.
The United Auto Workers (UAW) union is likely to initiate a strike as contract talks with the Big Three Detroit automakers continue, with UAW President Shawn Fain demanding significant pay raises, an end to wage tiers, restoration of pensions for new hires, and more benefits, among other demands.