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2024-11-21
CFPB expands oversight of digital payments services including Apple Pay, Cash App, PayPal and Zelle
Nov 21, 2024, 8:58 AM
The most popular apps covered by the rule collectively process more than 13 billion consumer payments a year, the CFPB said.
2024-11-18
Stock market today: S&P 500, Nasdaq climb as Tesla shines
Nov 18, 2024, 12:10 PM
Investors are looking ahead to Nvidia earnings to test the health of the AI trade, as optimism for rate cuts fades.
2024-11-15
More Trump tariffs are coming but CEOs sound prepared
Nov 15, 2024, 4:17 AM
(Bloomberg) -- Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndSaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency SaceThe Urban-Rural Divide Over Highway Expansion and EmissionsThe alarm from economists has been clear for months: Brace yourself. If he delivers on his campaign promises for an aggressive package of new US tariffs, they’ve warned, a re-elected Donald Trump will set the
2024-11-13
Apple accused of trapping and ripping off 40m iCloud customers
Nov 13, 2024, 7:08 PM
Which? is seeking a £3bn payout for UK users as a result of the legal action it is launching.
2024-11-09
Big Tech Employees Quiet After Trump Is Elected
Nov 9, 2024, 5:04 AM
Eight years ago, workers loudly protested White House policies. This time around, the companies are trying to keep a lid on activism.
2024-11-07
Under Trump, Tech Giants Like Apple and Meta Face a Familiar Uncertainty
Nov 7, 2024, 5:04 AM
Apple, Amazon, Google, Meta and others learned during the last Trump administration to expect the unexpected when it came to Washington scrutiny and support.
2024-11-06
Donald Trump has won the 2024 election. Here's what's next on 2 key economic issues.
Nov 6, 2024, 5:37 AM
Donald Trump is now set to have the distinction of being the 45th and the 47th US President.
2024-11-02
Berkshire Continues Retreat From Stocks
Nov 2, 2024, 10:29 AM
The conglomerate reported on Saturday that it had cut its holdings in Apple and Bank of America and increased its cash to a record high in the third quarter.
Warren Buffett continued to sell down his Apple stake, cutting about a quarter in the third period
Nov 2, 2024, 8:38 AM
The Oracle of Omaha downsized Apple — his biggest equity holding — for a fourth quarter in a row.
2024-11-01
Stock market today: Nasdaq, S&P 500 rebound as Amazon surges, market shrugs off jobs data
Nov 1, 2024, 2:59 PM
Markets are taking a big miss in the monthly jobs report in their stride as they welcome Amazon and Intel's results.
Stock market today: Nasdaq, S&P 500 rebound amid Amazon cheer, jobs report
Nov 1, 2024, 11:00 AM
Markets are taking a big miss in the monthly jobs report in their stride as they welcome Amazon and Intel's results.
2024-10-31
Apple reports better-than-anticipated Q4 revenue, earnings hurt by EU tax payment
Oct 31, 2024, 4:31 PM
Apple reported its Q4 earnings after the bell on Thursday.
Apple to report Q4 earnings as Wall Street looks for signs of Apple Intelligence payoff
Oct 31, 2024, 8:28 AM
Apple will report its Q4 earnings after the bell on Thursday, as Wall Street looks for signs that Apple Intelligence is helping to power iPhone sales.
Stock market today: Nasdaq, S&P 500 futures sink as Meta, Microsoft revive Big Tech's AI spending worries
Oct 31, 2024, 7:41 AM
Meta and Microsoft earnings have stirred up worries about AI and Big Tech, as a Fed-favored reading on inflation looms.
2024-10-30
Why this bull market feels 'weird': Morning Brief
Oct 30, 2024, 6:00 AM
The economy is making a soft landing and the bull market is flying high as the Nasdaq hits record heights. But the mood is...off.
2024-10-28
Apple Intelligence review: Apple’s first set of AI features won’t set the world on fire, but it’s a start
Oct 28, 2024, 12:10 PM
Apple's Apple Intelligence AI platform brings the company's first generative AI features to iPhones, iPads, and Macs, but it's not going to change your world. Yet.
Stock market today: Dow, S&P 500, Nasdaq rise to kick off busy week of key data, Big Tech earnings
Oct 28, 2024, 9:30 AM
Investors are bracing for a very busy week packed with Big Tech earnings, an inflation update, and a crucial monthly jobs report.
Stock market today: Dow, S&P 500, Nasdaq gain in wait for key data, Big Tech earnings
Oct 28, 2024, 9:31 AM
Investors are bracing for a very busy week packed with Big Tech earnings, an inflation update, and a crucial monthly jobs report.
2024-10-24
Two Students Created Face Recognition Glasses. It Wasn’t Hard.
Oct 24, 2024, 12:10 PM
A Boston man had a strange encounter at a subway station. A month later, he discovered he was the star of the students’ viral video.
2024-10-23
Apple and Goldman Sachs ordered to pay $89M over Apple Card failures
Oct 23, 2024, 3:54 PM
Apple and Goldman Sachs are being ordered by the CFPB to pay a combined $89 million in fines stemming from customer service issues with the Apple Card and regulatory violations.
Apple brings ChatGPT to Apple Intelligence, debuts Visual Intelligence in latest developer beta
Oct 23, 2024, 1:23 PM
Apple is rolling out its latest iOS developer beta complete with ChatGPT integration for Apple Intelligence.
Apple and Goldman Sachs Must Pay Nearly $90 Million Over Apple Card Inquiry
Oct 23, 2024, 12:01 PM
The penalties and customer refunds stem from an investigation by the Consumer Financial Protection Bureau into Apple Card, which Goldman issues.
Apple and Goldman Sachs ordered to pay over $89 million for Apple card failures
Oct 23, 2024, 11:24 AM
Apple and Goldman Sachs were fined more than $89 million for mishandling consumer disputes of Apple Card transactions, the CFPB said.
Chinese smartphone companies tout AI features ahead of Apple Intelligence launch
Oct 23, 2024, 7:22 AM
Chinese smartphone companies are rolling out artificial intelligence features for local users, adding pressure on Apple.
2024-10-22
The case for a 'Magnificent 7' resurgence: Morning Brief
Oct 22, 2024, 6:00 AM
While a broadening of the stock market rally has led the S&P 500 toward record highs, further earnings dominance could favor the Magnificent Seven tech stocks into the end of the year.
How some big businesses could escape fallout from Trump’s ‘blanket’ tariffs
Oct 22, 2024, 4:00 AM
A growing question around Trump's plan for universal tariffs is who will be able to evade these so-called 'blanket' duties. Options may be significantly more numerous for bigger businesses.
2024-10-21
Stock market today: Dow, S&P 500, Nasdaq slip with flood of earnings ahead
Oct 21, 2024, 9:58 AM
Investors are bracing for a packed week of top-tier earnings that could drive or drag on a record-setting rally.
2024-10-15
Apple stock hits record intraday high on bullish Wall Street outlooks, positive iPhone sales data
Oct 15, 2024, 3:43 PM
Apple stock hit a new record high Tuesday as Wall Street analysts gave bullish outlooks on the company, fueled in part by positive preliminary iPhone sales data.
Stock market today: Stocks retreat from records as Nvidia, ASML lead chipmakers lower
Oct 15, 2024, 11:20 AM
As a fresh wave of earnings rolls in, hopes are for further positive surprises.
2024-10-13
Trump or Harris? Here are the 2024 stakes for airlines, banks, EVs, health care and more
Oct 13, 2024, 7:00 AM
With the U.S. election less than a month away, the country and its corporate sectors are staring down two drastically different options.
2024-10-11
Laffer Tengler CEO and CIO Nancy Tengler discusses investment opportunities and more on ‘Making Money.'
Taiwanese Employees of Foxconn, the Apple Supplier, Detained in China
Oct 11, 2024, 2:24 AM
Taiwan’s government said that they had been accused of a breach of trust, but that their employer, Foxconn, had denied the company suffered any losses.
China detains iPhone maker workers in 'strange' case
Oct 11, 2024, 12:20 AM
The Taiwanese government suggested the detentions may be a case of "abuse of power" by Chinese police.
2024-10-07
Google is about to learn how DOJ wants to remake its empire
Oct 7, 2024, 12:12 PM
Google is about to find out what the Justice Department believes should be done to dismantle the tech giant’s dominance of the online search market.
Apple stock downgraded by Jefferies, which says 'serious AI' smartphones are 2 years away
Oct 7, 2024, 11:58 AM
Apple stock was downgraded by Jefferies. The investment firm cited concerns over too-high expectations for the iPhones 16 and 17, and analysts said "serious" AI smartphone tech won't exist for another two to three years.
2024-10-03
BMO Capital Markets chief investment strategist Brian Belski explains why today's Magnificent Seven stocks are similar to the big consumer staple stocks of the mid-90s on 'Making Money.'
2024-10-02
Did Apple Just Kill Social Apps?
Oct 2, 2024, 10:44 AM
Some app makers worry that a subtle change to the iPhone’s contact-sharing permissions could make it hard for them to get the fast growth they need to compete.
2024-10-01
How Nvidia’s monster rally broke your tech ETF
Oct 1, 2024, 6:00 AM
With several $3 trillion companies in a single sector, S&P was forced to change its index-weighting rules
Stock market today: Nasdaq leads stock declines after mixed jobs and economic data, oil spikes on Iran reports
Oct 1, 2024, 10:51 AM
Investors are looking to job openings and manufacturing data to provide clues to rate cuts as they digest Powell's latest comments.
2024-09-30
US companies with high China exposure face more risks
Sep 30, 2024, 9:11 AM
A report released by Strategy Risks reveals which U.S. companies are more vulnerable to risk due to their high levels of exposure to China amid tense geopolitical relations between Washington and Beijing.
Gatestone Institute senior fellow Gordon Chang discusses China cutting existing mortgage rates, the Biden administration's relationship with the country and President Xi Jinping's rising aggression.
Samsung accused of obstructing Fortnite downloads
Sep 30, 2024, 6:35 AM
The game maker says actions taken by Samsung's Auto Blocker feature go against competition laws.
2024-09-28
Can Lina Khan Hold On?
Sep 28, 2024, 8:00 AM
Ms. Khan’s term as the chair of the Federal Trade Commission ended Wednesday. In a wide-ranging interview, she discussed her aggressive approach to antitrust and its critics.
2024-09-27
Stock market today: Dow hits fresh record, stocks close out strong week as inflation cools
Sep 27, 2024, 4:07 PM
The market is looking to August's PCE print to calculate whether another jumbo cut is coming.
Wall Street fears lower-than-anticipated iPhone demand as shipping times shrink
Sep 26, 2024, 4:23 PM
Wall Street is raising concerns about the latest iPhone's shorter shipping times.
2024-09-26
Apple’s New Check In Feature Has Users Confused
Sep 26, 2024, 5:03 AM
An iPhone feature has some users baffled as they are asked to share their location with work acquaintances, dead relatives and people on other continents.
2024-09-20
Mark Zuckerberg declares Meta ‘the opposite’ of Apple in comments reigniting Tim Cook feud
Sep 20, 2024, 5:33 PM
Zuckerberg argued Apple seeks out praise over constructive feedback.
Michael Lee Strategy founder Michael Lee reacts to Treasury Secretary Janet Yellen saying that mass deportation will drive up inflation and gives his outlook on tech stocks.
Huawei's trifold phone is proving popular among Apple iPhone fans in Beijing
Sep 20, 2024, 4:28 AM
Out of 10 people CNBC talked to, eight said they are interested in both the new Huawei and Apple phones.
2024-09-19
Online Passport Renewal and Digital Driver’s Licenses: A Travel Docs Update
Sep 19, 2024, 4:27 PM
New options have arrived, for both U.S. passports and driver’s licenses, that may give travelers more flexibility.
Stock market today: Dow surges 500 points as Fed-fueled stocks set sights on records
Sep 19, 2024, 9:56 AM
Wall Street has absorbed the Fed's message that a deep cut will prove positive for the economy.
Gatestone Institute senior fellow Gordon Chang warns over China copying Israel's devices hack in everyday appliances, EVs and cybersecurity.
Stock market today: Dow, S&P 500, Nasdaq futures surge as Fed fires up rally
Sep 19, 2024, 6:55 AM
Wall Street has absorbed the Fed's message that a deep cut will prove positive for the economy.
2024-09-18
What's the point of buying the latest smart phone?
Sep 18, 2024, 7:01 PM
It is the time of year when new handsets are unveiled, but they may offer only small improvements.
2024-09-17
LARRY KUDLOW: Right now, with the world on fire, we have neither peace nor strength
Sep 17, 2024, 1:51 PM
FOX Business host Larry Kudlow calls out the Biden-Harris administration's foreign policy agenda on Tuesday's "Kudlow."
2024-09-16
Nasdaq slides as countdown to Fed kicks off
Sep 16, 2024, 9:33 AM
Investors are bracing for a crucial week dominated by the Fed's first interest rate cut in four years.
US futures tread water in countdown to rate call
Sep 16, 2024, 7:02 AM
Investors are bracing for a crucial week dominated by the Fed's first interest rate cut in four years.
Stock futures are little changed as investors await major Fed decision
Sep 15, 2024, 6:03 PM
The broad market index ticked higher Monday as investors await the Federal Reserve's highly anticipated policy meeting.
2024-09-15
How will the Irish government spend Apple’s €14bn?
Sep 15, 2024, 2:20 AM
Apple has been ordered to pay Ireland €14bn in unpaid taxes by Europe's top court.
2024-09-12
'No huge surprises': Why Apple stock hasn't moved much on iPhone 16 news
Sep 12, 2024, 8:08 AM
Apple's main product event didn't boost the stock much as investors assessed whether new AI features will drive the next iPhone upgrade cycle. But that's in line with its previous launches, one analyst explained.
Young Chinese Émigrés Confront America’s Brutal Visa Lottery
Sep 12, 2024, 12:00 AM
For Chinese seeking educational opportunity, the United States has long been the top spot, but as more want to stay to work, their paths are full of roadblocks.
2024-09-11
Apple, Google owe whopping tax bills due to EU's crackdown on Big Tech
Sep 11, 2024, 8:18 AM
Apple and Alphabet-owned Google were both handed defeats by the European Union's top court this week, as the bloc's regulators continue their crackdowns against major tech firms.
Apple picks the low-hanging fruit in iPhone unveil
Sep 11, 2024, 6:00 AM
Apple's iPhone event showcased its new AI. But it also underscored the company's current strategy when it comes to new features.
2024-09-10
Stock market today: Nasdaq rises, Dow falls in whipsaw trading action as inflation report looms
Sep 10, 2024, 3:00 PM
Investors are gearing up for a consumer inflation print seen as crucial to determining the size of the first US interest-rate cut in years.
Why Apple is playing it safe on Apple Intelligence
Sep 10, 2024, 2:29 PM
Apple’s iPhone 16 line hits store shelves on Sept. 20, and while the new phones get some impressive hardware upgrades, their biggest selling point isn’t the Pros’ larger displays or the lineup’s Camera Control button. It’s the generative AI-powered Apple Intelligence software platform.
Barron's market reporter Jacob Sonenshine reacts to Apple and Google owing billions in back taxes and fines after the European Union's top court ruled against them on 'Varney & Co.'
Nicholas Wealth Management President David Nicholas discusses whether 'attacks' on Google and Apple by the EU will impact Big Tech stock prices on 'Varney & Co.'
Stock market today: S&P 500, Dow futures waver as inflation report looms
Sep 10, 2024, 7:03 AM
Investors are gearing up for a consumer inflation print seen as crucial to determining the size of the first US interest-rate cut in years.
Stock market today: S&P 500, Dow futures slip as inflation report looms
Sep 10, 2024, 7:03 AM
Investors are gearing up for a consumer inflation print seen as crucial to determining the size of the first US interest-rate cut in years.
Google and Apple Lose Appeals in Landmark E.U. Cases
Sep 10, 2024, 4:17 AM
The cases had established the European Union as the world’s leading tech watchdog, but have since raised questions about its protracted appeals process.
Apple told to pay back €13bn in tax by EU
Sep 10, 2024, 4:05 AM
The European Court of Justice upheld a 2016 decision that said Apple received unlawful aid from Ireland.
2024-09-09
Apple banks on AI to boost sales of its new iPhone
Sep 9, 2024, 5:16 PM
The firm says its new handset has been built for artificial intelligence as it looks to regain its edge.
Stocks jump in bounce back from worst week of 2024
Sep 9, 2024, 4:04 PM
Inflation is back in focus for investors gauging pressures that could influence the size of Fed rate cuts.
Apple launches iPhone 16 with Apple Intelligence
Sep 9, 2024, 2:45 PM
Apple debuted its newest iPhones during its annual September event on Monday.
Consumer tech expert Katie Linendoll discusses Apple's new iPhone 16 on 'Cavuto: Coast to Coast.'
Apple Watch Series 10 has larger displays, sleep apnea detection
Sep 9, 2024, 1:30 PM
Apple unveiled a new Apple Watch Series 10 with improved displays and health tracking.
Constellation Research founder R 'Ray' Wang discusses the significance of Apple's iPhone 16 event on 'Varney & Co.'
Trump vs. Harris: The economic debate topics to watch for
Sep 9, 2024, 10:29 AM
Tuesday's debate could be a moment where, one way or another, the two candidates shed light on the economic issues that voters often list as their top concern.
Stock market today: Dow, S&P 500 surge as stocks mount a comeback from deep losses
Sep 9, 2024, 9:32 AM
Inflation is back in focus for investors gauging pressures that could influence the size of Fed rate cuts.
Stock market today: Dow, S&P 500 rise as stocks mount a comeback from deep losses
Sep 9, 2024, 9:32 AM
Inflation is back in focus for investors gauging pressures that could influence the size of Fed rate cuts.
Apple Introduces New iPhones with A.I. Features
Sep 9, 2024, 3:00 AM
On Monday, the company will introduce smartphones with A.I. features that could take the technology mainstream or sow fresh doubts about its viability.
What to expect from the Apple iPhone 16 event
Sep 8, 2024, 8:18 AM
Apple will hold its annual iPhone event on Monday, Sept. 9. Here's what you can expect from the show.
2024-09-08
Huawei's tri-fold phone gets 2.7 million pre-orders ahead of Apple's iPhone 16 launch
Sep 8, 2024, 11:21 PM
Huawei has received more than 2.7 million pre-orders for its new, trifold smartphone, according to its website Monday.
Inflation back in focus, Apple's iPhone event: What to know this week
Sep 8, 2024, 7:31 AM
A final inflation reading before the next Federal Reserve greets a slumping stock market in the week ahead.
2024-09-05
Trump doubles down on tariff ideas before wary audience
Sep 5, 2024, 3:21 PM
Former President Donald Trump sought to offer a more detailed economic message in a speech Thursday in New York and paid special attention to his oft-criticized program for a new wave of tariffs on US imports from around the world.
2024-08-29
Telegram Founder Pavel Durov’s Indictment Thrusts Encryption Into the Spotlight
Aug 29, 2024, 3:40 PM
The criminal charges against Pavel Durov, Telegram’s founder, raised concerns in Silicon Valley about encryption and the app’s approach to privacy and security.
Nasdaq, S&P futures flat after Nvidia's results
Aug 29, 2024, 5:26 AM
The Dow notched a record high close on Thursday in mixed trading following robust U.S. economic data, while artificial intelligence chipmaker Nvidia dropped after its largely in-line forecast failed to impress investors. The U.S. economy grew faster than initial estimates due to strong consumer spending, the Commerce Department reported, supporting expectations the U.S. is likely to avoid a recession. "Downward revisions to inflation accompanying an upward revision to spending builds the case for a soft landing," said Jeffrey Roach, chief economist for LPL Financial.
2024-08-28
U.S., Chinese Officials Discuss Future Talks Between Biden and Xi
Aug 28, 2024, 11:36 AM
In discussions in Beijing, the two sides made clear that many differences remain over Taiwan, technology export controls and trade disputes.
Smartphone Battery Tips: How to Stretch the Charge on Your Older Device
Aug 28, 2024, 5:05 AM
If your current smartphone can’t make it through the day without needing a recharge, here are a few steps to make it last a little longer.
2024-08-27
Dow ekes out another record as investors await Nvidia earnings
Aug 27, 2024, 4:05 PM
Stocks are struggling to find a footing as Nvidia's high-stakes earnings loom.