Business news

Business news • Jun 06

4 surprising ways AI is making your life more expensive

These goods and services are getting more expensive due to spillover from massive tech company investments in artificial intelligence.

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Business news • Jun 06

Why oil’s not at $200 after the biggest supply shock in history

Global inventories are drawing down at a record pace, leaving the market increasingly vulnerable to fresh disruptions.

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Business news • Jun 06

Over $1T wiped out as chip selloff impacts Nvidia, Broadcom, Micron

Nvidia (NVDA) stock and Broadcom (AVG) stock led a selloff among chipmakers as the group lost over $1T in value after a stronger-than-feared jobs report.

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Business news • Jun 06

The Best Strategy to Use When Buying IPO Stocks

Investors can avoid early volatility in a new stock by waiting for the price to stabilize before buying.

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Business news • Jun 06

Remote work career risks for Gen Z are 'subtle, but material,' Harvard professor says: How to avoid the pitfalls

Remote work may come with career penalties for younger workers, including a lack of mentorship and a challenging path to advancement, research finds.

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Business news • Jun 06

Prediction markets offer the lure of fast money. Young men say they like their odds.

Prediction markets have become a draw for young men in search of quick cash and thrills, experts say. "I had almost $4600 at one point but squandered that,"...

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Business news • Jun 06

NY lawmakers vote to ban ‘surveillance pricing,’ but digital price tags survive

Businesses would be prohibited from using personal data to tailor prices to individual customers in New York under a newly passed bill meant to crack down...

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Business news • Jun 06

Can SpaceX live up to Wall Street’s multitrillion-dollar hype?

SpaceX is seeking to raise $75 billion at a fixed price of $135 per share for its historic June 12 initial public offering. Photo: MarketWatch photo...

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Business news • Jun 06

America’s crude inventories are getting perilously low. But that’s not the full story.

An aerial-drone view of a crude-oil storage facility in Cushing, Okla. Crude inventories are at their lowest levels in years in the U.S. amid a war with...

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Business news • Jun 06

Beef prices surge close to $7 a pound in latest data (Price tracker)

The average price for a pound of ground beef in the Northeast jumped again in April and neared $7 a pound, according to federal data.

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Business news • Jun 06

Despite a competitive market, finding a summer job is highly beneficial for teens

Teenagers hoping to hold the whistle as a lifeguard or camp counselor, or just work any job this summer are having a hard time getting hired.

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Business news • Jun 06

Elon Musk is poised to become the first trillionaire. Just how much money is $1 trillion?

Elon Musk is poised to become the world's first trillionaire. It's a staggering amount of wealth never seen before in the history of human commerce.

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Business news • Jun 06

Emotional hearing for ex-McDonald's manager accused of serving contaminated fries

Kaylie Santos was released without bail after a judge denied a restraining order request from her ex-girlfriend, the woman to whom Santos is accused of...

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Business news • Jun 06

I flew on a startup's one-of-a-kind electric plane that could reshape air travel by 2027

Beta Technologies' Jetsons-like electric plane aims to make air travel cleaner, quieter, and more affordable. I flew in it to see what it's like.

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Business news • Jun 06

Google paying rival Musk $920m a month for data centre space

Elon Musk's space company SpaceX will collect $920 million a month from Google in the coming years for renting its computer power to its giant tech...

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Business news • Jun 06

Trump says he’s considering government stake in top AI companies

Industry leaders will soon gather at the White House to discuss the idea, the president said. The comments come as SpaceX, Anthropic and OpenAI prepare to...

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Business news • Jun 06

Airlines gather in Rio to chart course as horizon darkens

Airline executives descend on Rio this weekend to weigh the prospects for an industry grappling with geopolitical turbulence, soaring fuel costs and...

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Business news • Jun 06

Chips sector bloodbath drags Nasdaq down 4.2%

Tech stocks plunged Friday amid rising bond yields, dragging down the Nasdaq in its worst session in 14 months.

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Business news • Jun 06

China can build humanoids at scale. The hard part is finding enough buyers

Chinese humanoid robots are making waves with their ability to do backflips, direct traffic and even make coffee.

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Business news • Jun 06

Family of assaulted Yuba City McDonald’s worker speaks out

A Yuba City McDonald's employee is recovering in the ICU burn unit after police say a coworker threw hot liquid on him, causing severe injuries.

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