Business news

Business news • Jun 10

Trump says 'I love the inflation' after consumer price index hits 3-year high

President Trump suggested that inflation would drop when the U.S. war against Iran ends, and said, "We've been taking out millions of barrels of oil."

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Business news • Jun 10

$169M Fishers District expansion includes JD Finish Line HQ, new fieldhouse, apartments, townhomes

JD Finish Line, home to the JD Sports and Finish Line brands, plans to relocate from Indianapolis to Fishers, where it will establish a 350000-square-foot...

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Business news • Jun 10

Sunscreens in the U.S. Might Finally Be Getting Better

If you've ever smuggled a handful of sunscreen into your luggage from Europe or Asia (raises hand), there's good news for you: Sunscreens here in the U.S....

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Business news • Jun 10

Exclusive: OpenAI Preps New AI Model, Expects To Go Public ‘Within the Next Year’

OpenAI CEO Sam Altman told staff in a Slack message on Monday that he expects OpenAI to go public “within the next year” and that “many things could cause...

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Business news • Jun 10

Wall Street drifts after tech stocks keep swinging

The U.S. stock market is drifting in mixed trading as technology stocks keep swinging. The S&P 500 was virtually flat Wednesday after recovering from an...

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Business news • Jun 10

SpaceX Is Worth More than S&P 500 Aerospace Index. What That Means.

You could buy all the aerospace companies in the S&P 500 and still have $300 billion left over for what investors are going to shell out for SpaceX.

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Business news • Jun 10

CPI Just Spelled Bad News for Social Security COLA - Even Though it May Not Seem That Way

Anyone who's been paying attention at the pump or supermarket knows that the cost of goods has increased substantially this year, particularly over the past...

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Business news • Jun 10

Cracker Barrel Jumps Into A Short Squeeze On Upgrade, Target Hikes

Cracker Barrel stock jumped on Tuesday after reporting earnings. Short sellers rushed to cover their position, sending the stock soaring.

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Business news • Jun 10

R2 Profits. R4 Is ‘Very Cool.’ RAD Variants. Rivian’s CEO Just Gave Us the Roadmap

Rivian CEO RJ Scaringe gave The Drive an exclusive look at the automaker's full roadmap — R2's timeline, R4 tease, RAD variants, the Georgia factory,...

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Business news • Jun 10

BYD threatens to sue Trump administration over Pentagon military list

BYD threatens legal action after the Pentagon added the world's largest EV maker to its Chinese military companies list, blocking US contracts.

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Business news • Jun 10

EU To Examine Paramount’s $24 Billion Middle Eastern Backing For Warner Bros. Deal

The Middle Eastern money in the mega-merger between Paramount and Warner Bros. Discovery is to be the subject of scrutiny in the European Union.

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Business news • Jun 10

Exclusive | Novelis, Top Aluminum Supplier to Ford, to Restart Plant After Fires

Two fires last year proved extremely disruptive to auto industry.

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Business news • Jun 10

Sea-Tac Airport's big new concourse opens tomorrow: Take an early peek

After three years of construction, Seattle-Tacoma International Airport is set to open its renovated C concourse to passengers Thursday.

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Business news • Jun 10

3 Big Dates For Student Loans Are In Just Weeks As Reforms Take Effect

Federal student loans are about to go through some significant changes, and several key dates are coming up in the next few weeks. Here's a breakdown.

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Business news • Jun 10

Starbucks brings soccer fans together with limited-edition cup sleeve giveaway and global celebrations

As fans around the world gather to cheer on their national teams, Starbucks is celebrating the role coffee and connection play in these shared moments.

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Business news • Jun 10

BOD 26-04: Prioritizing Security Updates Based on Risk

This page contains a web-friendly version of the Cybersecurity and Infrastructure Security Agency's Binding Operational Directive 26-04: Prioritizing...

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Business news • Jun 10

Amazon opens full-scale, less-than-truckload shipping to all businesses

(UPDATED 2 p.m. ET). Amazon announced on Wednesday the expansion of its less-than-truckload service beyond its current inbound-only model to all...

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Business news • Jun 10

Gold Price Slump Hits New Low as Haven Seekers Look Elsewhere for Iran Shelter

Gold prices slumped to the lowest levels of the year Wednesday and sank deeper into bear-market territory. It came as investors dumped bullion amid renewed...

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Business news • Jun 10

Markets Brace for an Inflation Surprise

New data is putting investors on edge, especially over the prospect that the Federal Reserve may raise interest rates to blunt rising prices.

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Business news • Jun 10

Oracle to report Q4 earnings amid AI trade jitters

Oracle (ORCL) will report its fourth quarter earnings after the bell on Wednesday, amid recent AI trade fluctuations and as Anthropic (ANTH.

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