Business news

Business news • Jun 07

Samantha Salomon, 18, arrested after throwing food at Chipotle worker in Santa Ana

Santa Ana police have arrested 18-year-old Samantha Salomon, who was seen on surveillance video throwing her food at a Chipotle worker.

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Business news • Jun 07

Emotions Spill Over at Town Hall of Industry Workers Opposed to Paramount-WBD Merger: “It’s the Death of a Great American Industry”

Emotions spilled over at a gathering of Hollywood workers opposed to the planned Paramount Skydance-Warner Bros. merger on Saturday.

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Business news • Jun 07

Baby wipes sold nationwide at popular retailer recalled for infectious contamination

Baby wipes sold nationwide at a popular grocery store chain were recalled due to a potentially infectious microbial contamination.

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Business news • Jun 06

Is Your Plan for Retirement Too Safe?

Planning for retirement requires several assumptions, but many commonly recommended ones may be too restrictive.

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Business news • Jun 06

The Leopard Is Eating David Sacks’s Face

President Donald Trump confirmed Friday that he's thinking about the U.S. government entering into some kind of partnership with the major AI companies,...

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Business news • Jun 06

U.S. mortgage rates are staying high – and the Federal Reserve can do little about it

U.S. homebuyers can't get a break. The 30-year mortgage rate has been stuck at recent highs well above 6% and now averages 6.48%, according to the data...

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Business news • Jun 06

Pfizer's monthly obesity shot has side-effect profile similar to Wegovy in midstage trial

Pfizer is hoping monthly dosing of ​berobenatide can differentiate the drug from the weekly injections on the market.

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Business news • Jun 06

DoubleLine, Oaktree Brace for Potential AI Pain

Credit heavyweights like DoubleLine Capital LP and Oaktree Capital Management are buying debt now that can perform well if the artificial intelligence boom...

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Business news • Jun 06

From banks to blockchains: US opens new front in Iran sanctions

The Trump administration's sanctions on Iran's largest cryptocurrency exchange mark an escalation in Washington's effort to disrupt the financial...

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Business news • Jun 06

The AI vibe shift is real: Why the backlash is growing

The AI industry is riding a tsunami of investment, but we're seeing signs of a real and growing backlash — even in tech world.

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Business news • Jun 06

Anthropic is blacklisted by the Pentagon and being used by the NSA at the same time

The Financial Times reports that Anthropic has installed half a dozen engineers inside the NSA as forward-deployed staff. Their job is said to involve...

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Business news • Jun 06

SCHD's $85 Billion Strategy Now Concentrates 41 Percent of Your Money in Just Ten Stocks

A 63-year-old retiree with $400,000 parked in the Schwab U.S. Dividend Equity ETF (NYSEARCA:SCHD) likely picked it for the 100-stock screen and the reliable...

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Business news • Jun 06

OpenAI and the White House have competing visions for regulating artificial intelligence

In a recently released policy paper entitled "Democratic Governance of Frontier AI: A blueprint for a federal framework," OpenAI put forward its vision of...

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Business news • Jun 06

The lawsuits that could give AI its ‘Big Tobacco’ moment

Litigation attacking chatbots as dangerous products are opening a new frontier in legal fights against tech.

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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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