|
![]() |
![]() Niamh RoweThe Daily Beast |
Universal basic income, or UBI, has been floated as a potential solution for the coming AI revolution. But experts warn it's far from a perfect fix
Disney’s former CEO condemned ABC’s decision to pull Jimmy Kimmel off the air after the FCC chair threatened the company
After an injection of fresh capital from rival Nvidia, here's a look at who else is backing the crisis-hit chipmaker
The tokenization of real-world assets is a booming businesses. Here are some of the unlikely items that have already made their mark
The "no tax on tips" provision of the Big Beautiful Bill slips a tax break to an unexpected group: online personalities
The Danish pharmaceutical titan will cut 9,000 jobs as rival weight-loss drugs flood the market
Popular GLP-1 weight-loss injections like Ozempic or WeGovy are now delivering greater value, according to a new report
JetBlue Airways has become the first airline to sign on with Project Kuiper, Amazon’s low Earth orbit satellite network
Bank of America found 26% of surveyed workers are actively seeking support with emergency savings, debt reduction, and general financial wellness
Jay Edelson, who represents the parents, accused OpenAI CEO Sam Altman of "hiding behind the company’s blog"
Existing home sales in the U.S. rose by 2% in July, with demand bolstered by slowing price growth and declining mortgage rates, says new report
U.S. manufacturing expanded in August at the fastest pace since 2022, early Purchasing Managers Index (PMI) data shows
Trump said his administration will not approve solar or wind power projects, as AI data centers drive up energy demand — and prices
Meta Platforms abruptly halted most hiring across its AI unit, after months of offering nine-figure salaries to top talent
Shares in the artificial intelligence software maker have slid for the sixth consecutive day
Home improvement retailer Lowe’s is purchasing the supplier of construction products, at a time when consumer-driven DIY projects have slowed.
The Beijing-based toy maker is cashing in on the viral success of its ugly-cute dolls, as profit soars 400% in first half of the year
Heavily exposed to U.S. Treasuries, hedge funds have become a headache for both policymakers and regulators
The U.K. has dropped its demand that Apple build a "back door" that would allow its government to access encrypted customer data
Foreign holdings of bills, bonds, and notes increased by $80.2 billion in June, up by almost 10% year-over-year
Here's what's at stake as the federal government opens its doors for generative artificial intelligence
The Trump administration’s 50% tariff on aluminum imports has left AriZona CEO Don Vultaggio contemplating the unthinkable – a price hike.
The company is shifting some production from China and Mexico in a move that could soften the impact of tariffs.
The announcement comes just days after OpenAI offered federal agencies ChatGPT for $1 and AWS gave $1 billion in cloud credits
Federal agencies will receive credits for cloud services, modernization, and training through 2028, the U.S. General Services Administration said
Amazon and Walmart are racing to reach Americans at the end of the line
Amazon's profits surged during the second quarter of the year, with its cloud business recording record revenue.
Customers will be able to transfer money from their Chase credit cards directly into their Coinbase account
Microsoft surpassed analysts' estimates for the second quarter on Wednesday, led by strong growth from its Azure cloud-computing unit, as demand for...
U.S. bank JPMorgan announced on Wednesday that Chase credi customers will soon be able to use their Chase credit cards to buy cryptocurrency, after...
Amazon will report its second-quarter earnings after the market closes on Thursday, and analysts expect revenue from its cloud computing business to...
U.S. consumer confidence rose slightly in July, signaling a cautiously optimistic sentiment despite broader economic headwinds
As the tech giant lays off workers and splurges on data centers, Wall Street gears up for strong AI revenue
Despite rising Treasury yields pushing up mortgage rates, buyer demand is staying resilient
Shares in GoPro, Krispy Kreme and Beyond Meat surged in early hours trading Wednesday after experiencing massive trade volume the day before
Startups are ditching workers for AI, raising the possibility of the world's first one-person unicorn
Microsoft has been poaching some of Google's top talent to build its AI assistant, Copilot
Reddit's army of retail traders have taken a recent interest in Opendoor, an online real estate startup
The investment is expected to create tens of thousands of new, highly-skilled direct and indirect jobs across the country
Shares in the world's largest chip manufacturer hit an all-time high, despite tariff uncertainty and currency fluctuations
The U.S. is heavily dosed up on cheap generic drugs made overseas — more so than any other country
A key emerging markets index is outperforming the S&P 500, one of only a few times in recent years that has happened
The AI chipmaker TSMC accounts for about 40% of the returns so far this year for the benchmark MSCI Emerging Markets index
Intel spinoff RealSense aims to "meet increased demand" for humanoid robots, as tech deepens its bet on automation
The Oregon layoffs are part of the troubled chipmaker's wider restructuring plans under new leadership
House prices are at a record high. Mortgages rates won't budge. But indications of a recovery are emerging
Washington has rolled back some export restrictions on key technologies and raw materials to China, signaling a possible softening of trade tensions
The startup behind ChatGPT isn’t happy about Robinhood’s attempt to bring private equity onto the blockchain
Women have made inroads into Corporate America. But venture capital is struggling to keep up with the times
Relative to income, loan balances are actually lower than they've been for decades. But there are signs of trouble already here