Business news

Business news • Jun 18

Eager to work, teens find a frustrating summer job search

Finding a summer job is proving harder for many American teens. Federal data shows the share of 16- to 19-year-olds with jobs has fallen from roughly half...

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Business news • Jun 18

Nvidia Stock vs. Micron Stock: Wall Street Says Buy One and Sell the Other

Wall Street says Nvidia is undervalued, but most analysts think Micron is too expensive.

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Business news • Jun 18

What to Know Before Buying SpaceX Stock, According to Financial Advisers

SpaceX has rapidly become one of the world's most valuable companies. Even so, experts say investing in single stocks can be risky.

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Business news • Jun 18

There’s a new sheriff in town at the Fed. Markets are still learning his rules

Kevin Warsh wasted no time putting his stamp on the Federal Reserve in his first meeting as chairman. The central bank on Wednesday released a shorter...

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Business news • Jun 18

Trump’s Anthropic restrictions may be illegal

The administration's use of export controls to block foreigners' use of Anthropic AI models could expand to others in the industry.

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Business news • Jun 18

EVs are winners in the Iran war. So is US oil.

The conflict is pushing the world into a fractious energy future that could increase the tension between fossil fuels and clean power.

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Business news • Jun 18

Qantas plans a 22-hour London-Sydney nonstop flight, set for October next year

Qantas Airways plans to launch the world's longest direct flight next year, a service of up to 22 hours nonstop between London and Sydney.

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Business news • Jun 18

New infant botulism outbreak puts fancy formulas under scrutiny

Parents and experts ask if premium, organic, whole-milk baby formulas entering the market have outpaced the science and regulations needed to ensure safety.

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Business news • Jun 18

Kevin Warsh's first big Fed move comes straight from the CEO playbook

New Fed chair Kevin Warsh is using classic corporate strategies to guide monetary policy changes and signal a leadership shift.

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Business news • Jun 18

Transcript: Federal Reserve gears up for change

This is an audio transcript of the FT News Briefing podcast episode: 'Federal Reserve gears up for change'. Marc Filippino Good morning from the Financial...

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Business news • Jun 18

Apple boss Tim Cook says prices to rise due to memory chip costs

Apple plans to raise the prices of its products as the cost of the memory chips it uses has surged, the technology giant's boss has said.

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Business news • Jun 18

Warsh Makes His Case With Jargon, and a Penchant for Detail

The Federal Reserve's new chairman held a press conference where he bantered with reporters and laid out a vision for change at the central bank.

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Business news • Jun 18

Stock futures rise as Fed hints at possible rate hike in 2026; Nikkei hits 71,000 for the first time: Live updates

After hitting a fresh intraday all-time high, the Dow Jones Industrial Average ultimately closed more than 500 points lower on Wednesday.

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Business news • Jun 18

Apple CEO says price hikes are ‘unavoidable’ as rising chip costs squeeze tech giant: report

Tim Cook says Apple price increases are "unavoidable" as soaring memory and storage chip costs make it unsustainable to shield customers from higher prices.

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Business news • Jun 18

Portland metro area’s first In-N-Out set to open

PORTLAND, Ore. (KOIN) — The Portland Metro area's first In-N-Out officially opens tomorrow. The Hillsboro location at 2498 N.E. Town Center Drive in the...

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Business news • Jun 18

Trump administration pays another offshore wind project to pull out of California

Another California offshore wind farm is blowing away, with one more energy company accepting a payout from the Trump administration.

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Business news • Jun 17

Tim Cook says iPhone price increase is 'unavoidable'

Apple CEO Tim Cook says "price increases are unavoidable" in a Wall Street Journal interview. What does that mean?

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Business news • Jun 17

AI is hurting Apple in more ways than one: it may force iPhone price increases

CEO Tim Cook said in a recent interview that the situation is "unsustainable."

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Business news • Jun 17

Why CarMax Stock Plummeted Today

CarMax delivered better-than-expected quarterly results, but the stock still sank.

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Business news • Jun 17

Anduril Wins Production Contract for U.S. Air Force CCA Program

A new era of airpower focused on autonomy and affordable mass is moving into mass production: today, the Air Force selected Anduril for the production phase...

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