Business news

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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Business news • Jun 10

Life on the edge of Musk's Starbase brings fortunes and fractures

While SpaceX's rapid expansion is bringing jobs, visitors and global attention, it is also fueling lawsuits, environmental concerns and a growing divide...

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Business news • Jun 10

Man Orders Single Taco at Chipotle, Loads It With Toppings and Pays $8.90; Video Divides X

A video that is making the rounds on social media was shot inside a Chipotle Mexican Grill. Somehow, it has led to a debate about where the line is between...

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Business news • Jun 10

AI is helping software engineers do more — and faster. Companies are still waiting for the payoff.

Companies are pouring billions into AI, but faster workers and higher AI use haven't translated into economy-wide productivity gains.

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Business news • Jun 10

Cancer-focused Parabilis’ upsized $670M IPO breaks new record for biotechs

Parabilis Medicines' IPO has lived up to the hype—securing $670 million for the largest listing in the sector's history. The cancer biotech, formerly known...

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Business news • Jun 10

America’s emergency oil reserve is about to hit its lowest level since Reagan was in office

The nation's emergency reserve for oil and fuel supplies is slipping below Biden-era lows to its most exhausted level since the Reagan era—when the nearly...

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Business news • Jun 10

Solar beats coal in the US electricity mix for the first month ever

Solar generated more US electricity than coal for the first month on record in May 2026, according to new analysis from global energy think tank Ember.

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