Business news

Business news • Jun 17

Education Department Touts New Student Loan Repayment Plan, But Read The Fine Print

The Education Department is aggressively promoting its new Repayment Assistance Plan (RAP), launching July 1st, promising federal student loan borrowers...

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Business news • Jun 17

Carvana’s new vehicle strategy turns dealership into ‘playground,’ test-drive center with sales all online

But don't expect Carvana to sell you a vehicle at one of its seven Stellantis stores, marking a stark contrast from typical franchised dealers.

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Business news • Jun 17

AST SpaceMobile Announces Successful Orbital Launch of BlueBirds 8, 9, and 10

BlueBird satellites are the largest commercial communications arrays ever deployed in low Earth orbit, measuring approximately 2,400 square feet,...

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Business news • Jun 17

From supply shock to oil glut: IEA flags scale of demand destruction caused by Iran war

The energy supply shock triggered by the Iran War has prompted the IEA to slash its global oil demand forecast.

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Business news • Jun 17

Exclusive | Apple to Raise Prices Due to Memory Chip Crunch, Tim Cook Says

The CEO tells the Journal in an exclusive interview that soaring costs make price increases 'unavoidable'

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Business news • Jun 17

Iran War Has Irrevocably Changed the Middle Eastern Oil Trade

Welcome to our guide to the commodities driving the global economy. Today, reporter Yongchang Chin discusses the lasting impact of the Iran war on the...

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Business news • Jun 17

2 Reasons to Buy the Dip on Struggling Carvana Stock

Used car stock Carvana (CVNA) is struggling today but flashing a bullish signal in its options pits.

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Business news • Jun 17

AI and tech groups not in ‘a bubble situation’, says Schroders CIO

AI technology groups and hyperscalers are not yet in “a bubble situation”, according to the chief investment officer at UK asset manager Schroders,...

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Business news • Jun 17

Portland eyes shot at fixing Oregon’s most notorious railroad crossing

A proposed merger between two railroad giants could give Portland city officials an unusual chance to force a fix along an area known for its horrific...

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Business news • Jun 17

Trump administration seeks to halt air pollution lawsuit against Musk’s xAI

The US government has intervened on the side of Elon Musk's xAI in a legal dispute over the environmental impact of a $20bn data centre in Mississippi,...

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Business news • Jun 17

DOJ aims to block suit over Musk data center pollution, citing national security

The Justice Department has moved to stop litigation over xAI's data center pollution in Mississippi, having also intervened in a separate lawsuit against...

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Business news • Jun 17

Futures Mixed, Oil Rises On Trump's New Iran Threat

Dow Jones futures: The Dow hit a new high and SpaceX kept rising. but chips and most AI stocks fell. Fed chief Kevin Warsh's comments loom.

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Business news • Jun 17

AP Exclusive: Nvidia’s Jensen Huang says society needs ‘new social norms’ in the age of AI

Nvidia CEO Jensen Huang — whose work helped propel artificial intelligence — is stressing in an Associated Press interview that society has no choice but to...

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Business news • Jun 17

McDonald's bringing back fried apple pie to celebrate America's 250th birthday

McDonald's is bringing back its fried apple pie, with the fan-favorite menu item returning to most U.S. restaurants for a limited time starting June 23.

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Business news • Jun 17

US, Iran Prepare for Deal Signing as Financial Details Emerge

(Bloomberg) -- The US and Iran are preparing to formally sign an interim peace deal that has left both sides claiming victory, with details of the accord...

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Business news • Jun 17

Dangerous new drug could be ‘next wave of the opioid epidemic’ — and you can buy it at gas stations

The FDA warns a readily-available opioid-like drug could be the next fentanyl, but it's still legal in 42 states.

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Business news • Jun 17

Stock futures are little changed as Wall Street gears up for Federal Reserve rate decision: Live updates

Wednesday's FOMC decision marks the first with new Fed Chairman Kevin Warsh at the helm of the U.S. central bank.

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Business news • Jun 17

White House’s Anthropic move jolts Congress back into the AI debate

The Trump administration's sudden moves to rein in Anthropic are giving fresh momentum to efforts in Congress to impose guardrails on cutting-edge...

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Business news • Jun 16

OpenAI Burned $3.7 Billion in First Three Months of 2026

OpenAI burned through $3.7 billion in the first quarter, more than half its $5.7 billion in revenue, according to documents the company shared with...

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Business news • Jun 16

Nasdaq and S&P 500 slip while Dow hits record close

June 16 (Reuters) - The Nasdaq Composite and the S&P 500 finished lower on Tuesday under pressure from ​technology stocks, while the Dow Jones Industrial...

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