Consumer sentiment falls to fresh record low in May as surging gas prices hit outlook
Surging gas prices due to the Iran war sent consumer sentiment to a new low in the early part of May.
U.S. says it struck two Iran-flagged oil tankers trying to skirt blockade
The shaky U.S. ceasefire with Iran has been repeatedly undermined this week, even as President Donald Trump insists it remains in effect.
U.S. payrolls jump more than expected, but the report had several red flags for the economy
Nonfarm payrolls were expected to increase by 55,000 in April, according to the Dow Jones consensus.
Anthropic's Mythos set off a cybersecurity 'hysteria.' Experts say the threat was already here
The arrival of Anthropic's Mythos jolted banks, software giants and governments into reckoning with a new era of cyber attacks. But the threat is already here.
Marco Rubio says U.S. expects Iran response on peace deal 'today'
U.S. Secretary of State Marco Rubio said Friday that the U.S. is expecting a response from Iran on Washington's proposal to end the war.
Trump threatens EU with ‘much higher’ tariffs if no trade deal signed by new deadline
President Donald Trump said he will give the European Union until July 4 to ratify its trade agreement with the U.S.
The hottest ETF since bitcoin-mania just added $1 billion in a day
Roundhill Investment's Memory ETF (DRAM) tracking the red-hot memory sector has raised more than $5 billion since its April 2 launch.
Fitness wearable Whoop to offer on-demand clinician access to U.S. users
Whoop is introducing on-demand clinician access and AI-powered health guidance, largely included in the price of membership.
Toyota fourth-quarter profit misses by wide margin as U.S. tariffs drive 49% slump
The world's largest automaker by sales volume saw a 1.89% year-on-year rise in revenue during the fourth quarter ended March.
Trump's $1 million 'Gold Card' fails to catch on among the world's wealthy
President Donald Trump's "Gold Card," which promised U.S. residency in "record time," has been dogged by delays and legal questions.
‘Not a Chance Hormuz Opens’: How Wall Street’s new NACHO trade bets on a prolonged oil shock
Traders are embracing the “NACHO” trade, betting Hormuz disruptions and elevated oil prices will persist longer than expected.
Nintendo hikes Switch 2 prices and expects console sales to decline as memory crunch bites
Nintendo said the price of the Switch 2 in the U.S. will rise from $449.99 to $499.99. In Japan, Nintendo will hike the price from 49,980 yen to 59,980 yen.
Iran focus at Trump-Xi summit may delay progress on tariffs, rare earths
Thanks to the Iran war, big issues for U.S. businesses like rare earths and supply chains may take a back seat on the agenda for the Trump-Xi summit.
Cost of living crunch hurts UK PM Starmer in local elections
Early local election results in the U.K. indicate a backlash against the government, as cost of living pressures have once again dominated political discourse.
French prosecutors escalate probe of Elon Musk and X to criminal investigation
France is investigating whether Elon Musk and his social media app X were complicit in spreading harmful AI deepfakes.
The rise of 'income stacking': Why Gen Z is juggling multiple jobs
The percentage of the workforce holding multiple jobs has been rising since 2020, reaching an all-time high last fall. “Income stacking” is popular with Gen Z.
A cloud computing stock is soaring 16%. Here’s what’s driving the rally
Cybersecurity and cloud computing firm Akamai reported first-quarter earnings on Thursday and saw its cloud infrastructure business grow 40% year-on-year.
Corning CEO to Cramer: Deals with 2 unnamed hyperscalers 'larger' than $6B Meta pact
The investment story for Corning looks even sweeter in the wake of Jim Cramer's sit-down with CEO Wendell Weeks.
Most women are confident savers, survey finds — but where they stash their cash could be a problem
About half of women have most of their non-retirement savings either in low-yielding accounts or physical cash, neither of which keep up with inflation.
States crack down on tax break for wealthy investors
The One Big Beautiful Bill Act turbocharged the tax break on QSBS, but states including New York and Oregon have taken aim at the incentive.
46 firms accounted for half the wealth generated by the stock market over the past 100 years, researchers say
Research shows that a relatively small number of stocks have historically driven markets, but that doesn't mean you should try to pick winners, experts say.
Redistricting race to the bottom ramps up, as GOP eyes more states to draw new House maps
An April Supreme Court ruling has caused a scrambled in some southern states to redistrict before November's midterm elections.
Coinbase posts steep first-quarter loss after slide in crypto prices; shares fall 4%
Crypto trading platform Coinbase reported a surprise first-quarter loss and weaker-than-estimated revenue after the market close Thursday.
Nvidia CEO says AI partnership with Corning will 'revitalize American manufacturing'
Nvidia CEO Jensen Huang highlighted his company's partnership with Corning as an opportunity to reinvest in American manufacturing.