News - 2024-08-30

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The prominent A.I. start-up is also considering a change to its corporate structure to make it more appealing to outside investors.

When I set out to improve my tainted reputation with chatbots, I discovered a new world of A.I. manipulation.

Inflation remained cool in July, based on the Personal Consumption Expenditures index, keeping the Federal Reserve on track for rate cuts.

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The prime minister says the Autumn Budget will be "painful", so what might be in store?

The social media giant says it refused to comply with a judge's order to appoint a legal representative.

Many 1-year CDs will come due right when interest rates are set to drop.

The first batch of tickets for reunion gigs go on sale with some relisted for £6,000.

The market is steadying to end the month, with recession fears and the early August rout in the rear mirror, and a long awaited start to Fed easing just ahead.

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DELL

He pioneered the bookstore-as-superstore, a retail behemoth that dominated the industry before Amazon overtook it with its online reach.

Projected Labor Day travel across the U.S. is up 9% compared to a year ago. The good news for those traveling by car is that gas prices have been on the decline.

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Why Oil Prices Remain Subdued

Aug 30, 2024, 1:32 PM

Despite war in the Middle East and political turmoil in Libya, investors are focusing on what look like ample global supplies.

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"As vice president, I did not ban fracking. As president, I will not ban fracking," Harris told CNN during an interview on Thursday.

Ikea broke a world record for the largest two-piece pajama party with 2,052 employees in Älmhult, Sweden, showing up in limited-edition Swedish meatball sets to celebrate a new sleep initiative.

The Big Number: 100 Percent

Aug 30, 2024, 1:00 PM

The Canadian government will impose a new tariff on electric vehicles made in China, further escalating trade tensions between Western countries and China.

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TSLA

Conservative publications claim Vice President Kamala Harris is looking for reasons to back out of the debate. Liberal sites say it is former President Donald Trump who is seeking excuses to withdraw.

Last week’s Democratic National Convention surfaced differences over the war in Gaza that could widen fissures between labor activists and union officials.

Discount retailer Big Lots is considering filing for bankruptcy as it faces declining sales, according to a report citing people familiar with the situation.

An unapologetic champion of the newsworthiness of celebrities, he also drew attention to teenage pregnancy and helped popularize the term “baby boomer.”

Thru the Cycle President John Lonski reacts to Kamala Harris blaming Trump for mismanaging the economy during her CNN interview on 'Varney & Co.'

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The scrutiny of how banks and brokerages treated their customers during an era of high interest rates is heating up just as that era draws to a close.

Former US Commerce Secretary shares his insight into what a second Trump presidency would look like.

The market is steadying to end the month, with recession fears and the early August rout in the rear mirror, and a long awaited start to Fed easing just ahead.

SPY
NVDA
INTC

The market is steadying to end the month, with recession fears and the early August rout in the rear mirror, and a long awaited start to Fed easing just ahead.

"It's been a matter of a well thought out strategy prosecuted for seven decades with discipline, consistency, and unusual insight," Oaktree's Howard Marks said.

For young adults, the choice isn’t always a straightforward one.

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The Commerce Department released an inflation gauge that is closely monitored by the Federal Reserve, providing a look at price pressures in the economy.

The latest inflation reading comes as investors debate how much the Federal Reserve will cut interest rates by in September.

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XLI

Wind power has a waste problem that has been difficult to solve. Turbine blades made from a new plant-based material could make them recyclable.

Disney CEO Bob Iger is searching for his replacement as the company attempts to navigate an uncertain future.

The market is steadying to end the month, with recession fears and the early August rout in the rear mirror, and a long awaited start to Fed easing just ahead.

SPY
NVDA
INTC

Experts worry that a climb in sausage sales indicates economic turmoil as Americans seek cheaper meat alternatives amid recession fears.

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TSN

The president’s student loan repayment plan remains suspended after a Supreme Court ruling. Here’s what that means for borrowers.

The two presidential nominees are talking about their approaches for solving America’s affordability crisis. But would their plans work?

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XHB

Central bankers are lowering borrowing costs, but that won’t be a cure-all for a widespread lack of affordable housing.

How some high-tech entrepreneurs are trying to use new forms of technology to solve the problem of mega-wildfires in the age of climate change.

Nvidia's unique growth story is reliant on the tech platforms' AI aspirations.

Federal inspectors cited continuing problems at a deli meat plant in Virginia that was linked to an outbreak of listeria, records indicate.

A three-year analysis of unconditional cash stipends concluded that the initiative has had some success, but not the transformational impact its proponents hoped for.

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(Bloomberg) -- Intel Corp. is working with investment bankers to help navigate the most difficult period in its 56-year history, according to people familiar with the matter.Most Read from BloombergA Guide to Urban Swimming in Europe, Beyond the SeineDense Cities With Low Emissions Suffer Most From Air Pollution, Study FindsIntergenerational Housing Could Help Older Adults Combat LonelinessTurkey Plans Istanbul Taxi Surge to Tackle ComplaintsThe company is discussing various scenarios, including