Business news

Business news • Jun 18

California’s housing prices reach staggering new high as city drives sales through the roof

Bay Area home sales are sending California's median housing prices to record highs, according to the California Association of Realtors.

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Business news • Jun 18

FDA panel considers a first-of-its-kind flu vaccine using mRNA technology

US health advisers are debating a new kind of flu vaccine on Thursday, the first made with the same mRNA technology that was key to ending the Covid-19...

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Business news • Jun 18

Study: Climate Risk to Data Centers Much Higher Than Thought

The cloud may be metaphorical, but the climate risks to it are not. A new analysis by climate-risk firm First Street finds nearly 80% of global data center...

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Business news • Jun 18

Only 8% of investors believe AI stocks aren't in a bubble, AAII survey finds (AIQ:NASDAQ)

AAII survey shows 88% of investors see AI stock bubble risks or overvaluation.

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Business news • Jun 18

Gas prices fall below $4 a gallon for the first time in nearly 3 months

Gasoline prices in the U.S. fell below $4 a gallon on Thursday for the first time in nearly three months, after surging as global oil prices shot up amid...

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Business news • Jun 18

Google DeepMind unveils a plan to protect itself from its own rogue AI agents

Google has developed a new plan to police the increasingly capable AI agents it uses within its own AI research organization, and the company is publishing...

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Business news • Jun 18

Business

The Federal Reserve left interest rates on hold, its first decision under Kevin Warsh as chairman. With inflationary pressures on the rise,...

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Business news • Jun 18

AI has granted America vast new power

America's control over frontier AI models demonstrates a new form of technological power, as the Trump administration's order to block foreign access to...

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Business news • Jun 18

Warsh Wants the Fed to Send Fewer Signals. That Comes With Risks.

Investors piled on bets for higher borrowing costs after Kevin Warsh opted against providing policy guidance at his first meeting as Federal Reserve...

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Business news • Jun 18

Butterfly Network Provides Commentary on Midjourney Medical’s Full Body Ultrasound Scanner Announcement

Midjourney reveals the technology behind its previously disclosed agreement with Butterfly, reimagining wide-scale access to whole body imaging and...

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Business news • Jun 18

Energy Fuels Receives Conditional U.S. Government Support to Accelerate Growth in Rare Earths and Critical Materials

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Business news • Jun 18

DOJ Takes Elon Musk’s Side in NAACP Lawsuit Against xAI for Polluting Black Neighborhoods

The Department of Justice has intervened in a legal case involving the world's first trillionaire, Elon Musk, asking a Mississippi federal court to toss a...

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Business news • Jun 18

Oil Prices Fall to Lowest Since War Began After Trump Signs Iran Deal

Oil prices fell to their lowest since the start of the Iran war after President Trump signed a deal that reopens the Strait of Hormuz, a critical shipping...

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Business news • Jun 18

Trump Claims Apple And Intel Closed Deal To Manufacture Chips In The US

In a post on Truth Social, Donald Trump claims Apple has finalized a deal with Intel to design and manufacture chips in the United States.

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Business news • Jun 18

Accenture’s Outlook Disappoints in Uncertain Consultancy Market

Accenture Plc said it's expecting to reel in less revenue in the coming months, as artificial intelligence upends the consulting services industry and...

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Business news • Jun 18

Accenture shares fall to lowest since 2017 as AI threat mounts

Accenture shares slumped to their lowest level since 2017 on Thursday after the consulting group cut its revenue forecasts, stoking investor fears that the...

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Business news • Jun 18

Don't Get Left Behind On Space-Stock Moneymaking Blastoff

The investing universe just expanded — literally. And space-stock ETFs can help you join the ride. A successful launch of new shares of Elon Musk's Space...

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Business news • Jun 18

Bank of England holds interest rates at 3.75% amid Iran war peace prospects

The Bank of England held U.K. interest rates at 3.75% on Thursday, as policymakers continue to balance the need to address above-target inflation with...

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Business news • Jun 18

Hollister partners with Target to tap into $89 billion back-to-college shopping market

Hollister is partnering with Target to start selling home and dorm decor for the first time, giving it an opening into the lucrative back-to-college...

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Business news • Jun 18

Eager to work, teens find a frustrating summer job search

Jaelyn Chester will wait your tables or stock your shelves. “I've been looking everywhere,” says Chester, an A+ student, high school basketball star and...

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