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![]() Michael BarclayQuartz |
The latest University of Michigan consumer sentiment index ticked up in May, but it's still down from late last year
The U.S. attack on Iran has raised fears about a blockade in the Strait of Hormuz. Here's what to know
After losing an appeal on a $4.7 billion antitrust charge, the search giant offers up space to its rivals
Pope Leo wants AI to be regulated ethically, while the U.S. is poised to bar any state-level regulations for a decade
Pavel Durov says Telegram will become a nonprofit foundation to ensure its independence and freedom of speech
Attack is consistent with Scattered Spider, although no ransomware was involved and the breach was dealt with within hours
The increases are incremental for now, but a supply disruption in the Strait of Hormuz could make costs soar
The company will expand its operations in Utah and its home state of Texas
The company has been cutting jobs all year while spending big on AI and seeing its stock soar
One year after losing $5 billion, OpenAI is reporting $10 billion in annual recurring revenue, reports CNBC, due to revenue from ChatGPT business...
More than half of American CEOs believe some semblance of stability will finally return to the U.S. economy by July, once the tumult of tariff news...
Cheaper pharmaceuticals won’t be on shelves any time soon, says the CEO of Pfizer. That’s despite an executive order signed last month declaring a...
Chipotle (CMG) announced it’s introducing its first new dip in five years, an adobo-infused ranch dressing. It’s available for a limited time...
A major salmonella outbreak involving 1.7 million eggs from the August Egg company has infected 79 people in seven states. Read more...
Three top White House officials will meet with Chinese trade representatives in London on Monday, President Donald Trump announced on Friday...
The price of a used car got marginally cheaper in May, down 1.4% from April, though still 4% higher than this time last year. That’s according to...
Japanese battery company Envision AESC is pausing the electric-vehicle battery plant it announced for Florence, South Carolina, in late 2022, citing...
Four years after Walmart (WMT) launched drone delivery during pandemic lockdowns, it is scaling up at 100 stores in five states—Arkansas, Florida,...
Amazon (AMZN) has admitted it is awash in fake reviews and has promised to crack down, having agreed with a U.K. regulatory agency to sanction users...
As ChatGPT approaches its third anniversary this fall, OpenAI announced that the chatbot has spurred a 50% increase in paid users since February.Read...
Maybe hold off on that hamburger: Beef and tomatoes have been recalled this week. Not to mention water.Read more...
Amazon (AMZN) is almost doubling its investment in North Carolina, announcing $10 billion worth of AI infrastructure for Amazon Web Services’ supply...
The U.S. inflation rate in April was almost negligible: 0.2% month-over-month, or 2.3% annually the lowest since 2021. Good news, right?Read more...
Bitcoin bonds are about to be listed on the Moscow Stock Exchange.Read more...
Even Donald Trump’s sons are finding their family’s crypto business a bit cryptic.Read more...
Sixty-four Tesla (TSLA) Superchargers will be removed from the New Jersey Turnpike, starting on Friday. Upon hearing the news, Elon Musk tweeted,...
Love is a lot less lucrative lately—if you’re the company that owns Tinder (MTCH), Hinge and OKCupid. Read more...
Meta (META) believes that the source of 97% of its revenue can be fully automated by AI: its ads.Read more...
A brain-computer interface (BCI), a fusion of man and machine, has sparked human imagination since the Industrial Revolution. This week, the small...
They may look like Oreos. The packaging uses the same colors as Oreos packaging. But the product seen on shelves of the Aldi supermarket chain are...
“All the music I’ve ever made now belongs to me,” wrote Taylor Swift on her website on Friday.Read more...
Elon Musk wants to colonize Mars. He’s starting with a tiny Texan town of 500 people — 260 of whom work for SpaceX — and a recent memo suggests...
President Donald Trump would prefer not to talk about TACO — an acronym for “Trump Always Chickens Out,” a term coined by Robert Armstrong of...
International growth is slowing, fewer new jobs will be created, and the global income gap is rising — largely because of elevated trade tension...
The election of Donald Trump provided a big boost for Bitcoin, as the incoming president promised to make the U.S. “the crypto capital of the...
Show up for work and do your job — that’s what 12 large pension funds, representing $950 billion in assets, told Tesla (TSLA) CEO Elon Musk in an...
Space X’s big ambitions came crashing back to Earth on Tuesday, when its Starship made what the company calls a “rapid unscheduled disassembly”...
One day after BYD (BYDDY) overtook Tesla’s (TSLA) market share in Europe, the Chinese EV maker and two of its contractors were sued by the Brazilian...
“This mission is too important for me to allow you to jeopardize it. I know that you and Frank were planning to disconnect me. And I’m afraid...
OnlyFans, a website that’s been called the future of sex work, could soon be sold to L.A. investment firm Forest Road Company, according to a report...
Since cryptocurrency’s inception a major selling point was that it sidestepped the banking system. Now that President Donald Trump appears to be...
The U.S. Mint confirmed on Thursday that the current crop of one-cent coins will be the last ever produced. Read more...
German carmaker Mercedes-Benz (MBGAF) announced plans Thursday to consolidate its U.S. operations by moving 500 jobs to Sandy Springs, Georgia —...
Google (GOOGL) co-founder Sergey Brin gave away almost $700 million, in the form of 4.1 million Alphabet shares, to an undisclosed charity on...
A group of global tech giants gathered in Abu Dhabi to pose for a photo as anAI supergroup, including OpenAI’s Sam Altman, Oracle’s (ORCL) Larry...
Walmart (WMT) is eliminating roughly 1,500 jobs, the Wall Street Journal reported, in what CEO John Furner described as “opportunities to remove...
In the first five months of 2025, Boeing (BA) is bouncing back from a truly miserable 2024 that included the resignation of CEO David Calhoun and a...
Competing members of Armenian-American organized crime groups have been charged with attempted murder, kidnapping, fraud, and more than $83 million in...
Google (GOOGL) is bringing its Gemini AI to Volvo cars. Google parent Alphabet and the Swedish carmaker, two companies that have collaborated for...
JPMorgan Chase (JPM) hired 60,000 people in the last five years, increasing its workforce by 23%. It looks like that’s about to grind to a half.Read...