Business news

Business news • Jun 28

A 'perfect storm' points to a much smaller U.S. auto market by 2040

The auto industry is selling fewer cars--one forecaster says this is a fundamental change, and it is going to get worse.

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Business news • Jun 28

What To Expect in Markets This Week: June Jobs Numbers and an Update on American Consumers’ Mood

June jobs numbers are coming, and investors are likely to study them even more carefully now that the Fed is eyeing higher interest rates.

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Business news • Jun 28

Nearly 1 million bottles of heart and kidney medication recalled over foreign substance found on tablets

Amgen recalled nearly one million bottles of Corlanor and Sensipar tablets after foreign matter was found on tablet surfaces, according to the FDA.

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Business news • Jun 28

Here's The Average Retirement Savings of 74-Year-Old Americans (How Do You Compare?)

Millions of 74-year-olds have achieved financial security, but others struggle to make ends meet. Learn more about the average savings for older Americans.

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Business news • Jun 28

Airlines Are Installing New Luxury Seats, but No One Is Allowed to Sit in Them

Lie-flat seats in private pods face long waits for safety certifications.

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Business news • Jun 28

2 Nvidia-Owned Stocks Investors Should Buy Now

Investments and Nvidia's technology tend to go together with these stocks.

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Business news • Jun 28

Final batch of beer that once dominated America has hit the shelves. Here’s what to know

After 177 years of brewing, it's final run has hit store shelves.

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Business news • Jun 28

Rats, Leaks and Broken Elevators: Repair Backlog Plagues Federal Buildings

After decades, deferred maintenance totals an estimated $50 billion. But getting repair funds from Congress is a laborious process.

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Business news • Jun 28

AI ‘exuberance’ risks ending in lengthy investment bust, BIS warns

Weak returns could trigger a sharp pullback in funding for tech companies that threatens the global economy.

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Business news • Jun 28

OpenAI Introduces ChatGPT 5.6 Soul, Terra and Luna Models

OpenAI has introduced GPT 5.6, a release featuring three specialized models, Soul, Terra and Luna, tailored for different use cases. Soul uses its “Soul...

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Business news • Jun 28

AOC puts major tech company on notice amid looming price increases: 'Far too big'

Rep. Alexandria Ocasio-Cortez says Congress should break up companies like Apple amid reports the tech giant may raise prices due to AI-driven chip supply...

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Business news • Jun 28

American Airlines flight aborts takeoff in Miami after business jet enters the same runway

An American Airlines flight headed to Bermuda aborted its takeoff in Miami Saturday evening after a business jet entered the same runway, getting as close...

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Business news • Jun 28

Nio opens pre-orders for five-seat ES8, sets July 9 launch

The five-seat ES8 will sit alongside the existing six- and seven-seat versions, further expanding its top-selling SUV line.

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Business news • Jun 28

Chip Makers Are Profiting Off AI at the Expense of Just About Everyone Else

We are witnessing an extraordinary transfer of cash from the providers of AI—and, perhaps one day, AI users—to memory-chip makers.

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Business news • Jun 28

Millions of Investors Are About to Own SpaceX Stock Indirectly -- Whether They Want to or Not

For the first time, anyone who owns an index fund is about to own a piece of SpaceX (NASDAQ: SPCX). The rocket and satellite company went public on June 12...

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Business news • Jun 28

Google just took crown Verizon held for 22 years

Verizon joined the Dow Jones Industrial Average in 2004, when AT&T was removed and the index needed a new telecommunications name. It held that seat for 22...

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Business news • Jun 28

Expect DEI to be a non-factor in the horse race for Jamie Dimon’s JPMorgan successor

Last week, JPMorgan Chase startled Wall Street with an abrupt disclosure that two of its senior bankers — Troy Rohrbaugh and Doug Petno — had been named...

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Business news • Jun 27

Why tech firms are raising PC and console prices - and blaming AI for chip costs

Xbox consoles, Nintendo's new Switch 2 and Valve's Steam Deck are just some of the gadgets seeing price hikes in recent months.

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Business news • Jun 27

Marjorie Taylor Greene Says It Is 'Awful' That 'No One Is Standing Up For Cancer Patients' After Bayer Scores Roundup Victory In Supreme Court

Former Rep. Marjorie Taylor Greene criticized both the U.S. Supreme Court and President Donald Trump after the court sided with Bayer AG in a major Roundup...

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Business news • Jun 27

Major airline announces daily flights from California to Japan amid surging demand

A massive surge in demand for flights from California to Japan has sparked a major airline to offer non-stop flights daily to the region starting this...

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