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Cris Tolomia

Cris Tolomia

Quartz

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25 ingredients home cooks are underusing — and what to do with them

From anchovies to pomegranate molasses, these 25 overlooked ingredients deliver outsized flavor, and each comes with practical ways to use it tonight

yesterday 1

Quartz

Cris Tolomia

20 things nobody tells you about being a manager for the first time

From awkward feedback conversations to the quiet loneliness of leadership, these 20 lessons cover what new managers actually face in their first year...

yesterday 1

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Cris Tolomia

Apple Intelligence wins China approval, with Alibaba's AI model powering the rollout

China's cyberspace regulator cleared Apple's AI service on Wednesday, with Alibaba confirming its Qwen model will power the experience across Apple's...

yesterday 4

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Cris Tolomia

Intel is the first chipmaker to mass-produce chips using ASML's next-gen printing tool

Intel Foundry is shipping Panther Lake laptop processors made with ASML's High NA EUV machines, which cost around $400 million each

yesterday 0

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Cris Tolomia

JPMorgan posted record profit and is closing in on a $1 trillion market cap

The bank's $21.2 billion second-quarter net income was the highest quarterly profit in U.S. banking history, lifting its market cap to around $919...

yesterday 0

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Cris Tolomia

Lucid stock plunged on a bankruptcy report — then the company called it false

An EV blog reported Lucid was weighing Chapter 11 or going private on the advice of AlixPartners — Lucid called the claims false

yesterday 2

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Cris Tolomia

Dog Haus, Portillo's, and Wienerschnitzel are giving away cheap hot dogs today

Dog Haus, Portillo's, Wienerschnitzel, and more chains are running promotions on Wednesday, July 15

yesterday 2

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Cris Tolomia

Mortgage rates surge close to an annual high, pulling homebuyers back from the market

Purchase applications slid 7% for the week ending July 10, while refinance demand edged higher despite elevated borrowing costs

yesterday 3

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Cris Tolomia

New York Fed president warned inflation has peaked — but markets still expect a rate hike

John Williams sees 5 reasons price pressures are easing, but markets still expect the Fed to raise rates as soon as September

yesterday 1

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Cris Tolomia

Warren Buffett says he — not Greg Abel — drove Berkshire's bet on Alphabet

Buffett, 95, told CNBC he started the position but said he ranks Alphabet below at least four or five other Berkshire holdings

yesterday 1

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Cris Tolomia

BlackRock's profit surged and assets hit a record as markets rallied

The firm pulled in $192 billion in client cash during the quarter, led by inflows into its iShares ETF franchise

yesterday 1

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Cris Tolomia

Domino's is expanding its board with two new directors and a new lead independent director

Michael Creedon, CEO of Dollar Tree, and Anneliese Olson of HP Inc. will both join the Domino's audit committee

yesterday 1

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Cris Tolomia

Wholesale inflation fell in June for the first time since last summer. Gas prices drove it

The Producer Price Index for final demand declined 0.3% in June, pulled down by a 12% drop in gasoline prices

yesterday 2

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Cris Tolomia

McDonald's is bringing back Caesar flavor with new sauce and chicken items

The limited-time Caesar Sauce arrives July 21 alongside a new wrap, a new sandwich, and reformulated McCrispy Strips

yesterday 1

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Cris Tolomia

The US struck Iran again overnight. Chip stocks rose anyway

ASML raised its sales outlook for the second time this year, lifting semiconductor stocks even as oil prices climbed on renewed U.S. military action

yesterday 2

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Cris Tolomia

ASML is raising its annual sales forecast for the second time this year on surging AI chip demand

The Dutch chip equipment maker now expects full-year net sales of €43 billion to €45 billion, up from a prior forecast of €36 billion to €40 billion

yesterday 1

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Cris Tolomia

Morgan Stanley's revenue and profit hit records on a surge in stock trading

Equities trading revenue jumped 69% to $6.3 billion in the second quarter, powering the bank to $21.35 billion in total revenue

yesterday 1

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Cris Tolomia

Johnson & Johnson posted stronger-than-expected earnings and raised its full-year outlook

The healthcare company posted $25.31 billion in quarterly sales and raised its annual sales forecast to about $101.1 billion at the midpoint

yesterday 1

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Cris Tolomia

Stripe and Advent International are offering to acquire PayPal in a $53 billion deal

The $60.50-per-share bid, backed by about $50 billion in bank financing, represents a 28% premium to PayPal's closing price Tuesday

yesterday 1

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Cris Tolomia

Google DeepMind's Demis Hassabis is pushing for a U.S.-led AI watchdog

Demis Hassabis proposed a public-private watchdog that would screen frontier AI models before U.S. deployment, funded by the industry

previous day 2

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Cris Tolomia

Investor warns that hidden AI overspending inside companies is about to hit earnings

Venture capitalist Chamath Palihapitiya says CEOs and CFOs have no idea how much AI token spending is accumulating inside their companies

previous day 1

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Cris Tolomia

Boeing's first-half jet deliveries hit an 8-year high as 737 production ramps up

The U.S. planemaker handed over 314 commercial aircraft through June, a 12% increase over the same period last year

previous day 3

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Cris Tolomia

Apple is in talks with a startup that squeezes powerful AI models onto an iPhone

PrismML says it compressed a 27-billion-parameter model from 54GB to under 4GB, letting it run on an iPhone 15 or newer

previous day 3

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Cris Tolomia

20 ways the human body is stranger than most people realize

From skeletons that rebuild themselves to nostrils that work in shifts, the body runs on hidden systems far odder than its calm surface suggests

previous day 2

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Cris Tolomia

New York is halting large data center construction in the U.S.'s first statewide ban

Gov. Kathy Hochul signed an executive order Tuesday halting permits for data centers using 50 megawatts or more for up to one year

previous day 1

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Cris Tolomia

20 court cases that changed how the law works

Marbury v. Madison to Mabo, these landmark rulings rewrote the rules of citizenship, speech, privacy and power across the U.S. and beyond

previous day 1

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Cris Tolomia

Citigroup's profit surged as record stock-trading revenue beat every analyst estimate

Net income rose to $5.8 billion, or $3.15 per share, topping all 20 analyst estimates as equities trading revenue climbed 45%

previous day 3

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Cris Tolomia

15 languages that are dying — and what will be lost when they go

From Siberian reindeer camps to the Kalahari, these 15 endangered languages carry knowledge, history and ways of seeing the world that no dictionary...

previous day 2

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Cris Tolomia

Frontier Airlines is finally getting in-flight Wi-Fi through a deal with Starlink

The budget carrier and four other Indigo Partners airlines plan to install Starlink on more than 1,000 aircraft combined

previous day 4

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Cris Tolomia

Chipotle is bringing its Mexican-inspired food to Mexico for the first time

The fast casual chain is launching in the Monterrey area in partnership with Alsea, with plans to expand into Mexico City in 2027

previous day 3

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Cris Tolomia

CPI beat expectations. IBM crashed 22%. Oil surged. The S&P is barely up

June CPI came in at 3.5% annually, below the 3.8% economists expected, but rising oil prices and an IBM warning capped gains

previous day 4

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Cris Tolomia

Fed chair Kevin Warsh promises to defeat five years of elevated inflation in Congress debut

Warsh held rates steady at 3.5%–3.75% at his first FOMC meeting and outlined 5 task forces to review Fed operations

previous day 7

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Cris Tolomia

Inflation just dropped from 4.2% to 3.5%. Oil prices did that — for now

The monthly decline was the largest since April 2020, but rising oil prices in July could reverse the trend

previous day 4

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Cris Tolomia

Q32 Bio stock soared after its alopecia drug cleared a key clinical bar

The biotech's Phase 2a study of bempikibart showed a 35.3% mean reduction in hair loss scores, with the company planning a registration-directed...

previous day 3

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Cris Tolomia

U.S. small business owners grew more optimistic in June but inflation worries are climbing

The NFIB's optimism index rose to 97.4 in June, nearing its 52-year average, as 21% of owners named inflation their top business problem

previous day 4

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Cris Tolomia

New frozen blended Energy Refreshers available at Starbucks for the summer starting today

The chain is rolling out 4 frozen blended drinks today, including a new Passionfruit Guava flavor available for a limited time

previous day 4

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Cris Tolomia

15 languages that are dying — and what will be lost when they go

From Siberian reindeer camps to the Kalahari, these 15 endangered languages carry knowledge, history and ways of seeing the world that no dictionary...

previous day 2

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Cris Tolomia

JPMorgan Chase posted a record profit as stock-trading revenue surged

Equity Markets revenue jumped 86% to $6 billion, while investment banking fees climbed 30% to their highest level since 2021

previous day 3

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Cris Tolomia

Goldman Sachs smashed profit expectations as dealmaking and equities trading hit records

The bank's equities unit brought in $7.42 billion, its third consecutive all-time record, while investment banking fees climbed 55%

previous day 4

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Cris Tolomia

U.S. tariff refunds surged to nearly $50 billion in June, outpacing new revenue

The Treasury paid out more than twice what it collected in customs duties last month, deepening the fiscal cost of the Supreme Court's tariff ruling

previous day 1

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Cris Tolomia

Warren Buffett dropped the Gates Foundation from his annual Berkshire donation over Epstein concerns

Buffett directed 12 million Class B shares to four family-linked foundations, ending roughly two decades of annual gifts to the Gates Foundation

previous day 2

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Cris Tolomia

Wells Fargo's profit surged past expectations on wealth and investment banking gains

The bank earned $2.00 per share in the second quarter, topping analyst expectations of $1.72 per share

previous day 2

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Cris Tolomia

Oil prices are surging to a one-month high as the U.S. reinstates its Iran blockade

Brent crude rose above $87 a barrel on Tuesday as fresh U.S.-Iran strikes and tanker attacks stoked fears over Hormuz supply flows

previous day 3

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Cris Tolomia

Oil's biggest one-day gain since 2020. IBM missed earnings. CPI drops at 8:30. Warsh testifies today. It's a busy Tuesday

Stock futures pointed in different directions Tuesday as rising energy prices, bank earnings, and key inflation data competed for investor attention

previous day 2

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Cris Tolomia

Bank of America's profit soared as stock traders hit a record and dealmakers rebounded

The bank's equities trading revenue jumped 70% to $3.6 billion, a record, while investment banking fees climbed 50% from a year earlier

previous day 4

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Cris Tolomia

IBM stock plunged after the company warned its revenue fell short of expectations

IBM reported preliminary Q2 revenue of $17.2 billion, well below analyst expectations, as large deals failed to close on time

previous day 3

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Cris Tolomia

20 things the financial industry doesn't want you to know

From hidden fund fees to the fine print in your card agreement, these are the industry practices that profit from what customers never think to...

monday 3

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Cris Tolomia

Trump declares the U.S. the 'Guardian of the Strait of Hormuz.' Iran says no

Iran declared the strait closed and vowed to block American interference as fresh U.S. strikes hit dozens of targets

monday 2

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Cris Tolomia

Oil surges and stocks sink as Trump reinstates the Iran blockade

Trump's announcement followed a weekend of renewed strikes between the U.S. and Iran, and came as tanker traffic through the Strait of Hormuz has...

monday 1

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Cris Tolomia

15 things plants do that most people assume only animals can do

Plants have no brain or nerves, yet they count prey, call for bodyguards, warn their relatives, and make their own heat — here is how they pull it off

monday 3

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Cris Tolomia