World's top-performing sovereign wealth fund warns of looming pullback in U.S. stock market
New Zealand's $54 billion pension fund returned 14.2% in the year to June.
OpenAI investors have approached the company about a new funding round
OpenAI is gearing up for what is widely expected to be a blockbuster IPO next year, after it confidentially filed its prospectus in June.
House set to pass sweeping Russia sanctions bill honoring Lindsey Graham
The Lindsey Graham Russia sanctions bill is on a path to become law after the House votes in favor.
J.B. Hunt stock plunges 10% after company warns third-quarter earnings will fall
Shares of J.B. Hunt plunged more than 10% Wednesday after the company warned of an earnings drop between 5% and 10%.
Bizarre volatility bet in the options pits is a head scratcher ahead of Fed rate decision
The biggest trade in options on the Cboe VIX Index Tuesday was an unusual $6 million purchase of deep, deep in-the-money-puts.
Yield on 10-year Treasury below 5% as investors await Fed decision
The Federal Reserve is widely expected to hike interest rates on Wednesday.
Canada invited to become EU’s first ‘associate member’ as Trump trade war intensifies
EU chief Ursula von der Leyen said the bloc wants to open the door for Canada to become its first associate member, signaling a major deepening of ties.
Consumers hit by one-two punch of oil and rates from Iran war. The estimated bill is $1,700 per household
Rising oil prices and Treasury yields are lifting energy and borrowing costs for U.S. households, pushing consumers to draw more heavily on savings.
Living abroad doesn't end your U.S. tax obligations. What young expats need to know
Americans living overseas may still face U.S. tax-filing and foreign-account reporting rules — even when they ultimately owe no U.S. income tax.
Costco expands Uber Eats delivery partnership to 47 states
Uber and Costco announced an expansion of a partnership where Costco members can order delivery from the store on Uber Eats to 47 states, up from 17.
Why you should worry about Anthropic, OpenAI's proposed AI risk evaluators
Anthropic and OpenAI are proposing embedded AI evaluators to help manage risk of models causing catastrophic harm to society, but the idea has some issues.
Senate is still a tossup, but Democrats now have slight edge, prediction market traders think
Traders on both Kalshi and Polymarket see Democrats with one of their best chances to flip the U.S. Senate since the contracts on the election opened.
Tropical Smoothie Cafe is getting a makeover as it prepares for its 'next 3,000' locations
Tropical Smoothie Cafe unveiled new branding as it grows rapidly under the ownership of private equity firm Blackstone.
Reddit co-founder says tech industry has been 'tone deaf' in explaining AI: 'Misinformation flying around'
Alexis Ohanian said AI risks are more mundane than the "Terminator and Skynet" scenarios some fear.
Jim Cramer's top 10 things to watch in the stock market Wednesday
It's Fed decision day.
Saudi says Houthis targeted Mecca with a drone, Iran-backed group rejects claim
The Organization of Islamic Cooperation condemned the strike as a "heinous" attack. Mecca is Islam's holiest site and the focal point of the annual Hajj pilgrimage.
Mortgage demand from homebuyers drops 19% from a year ago, as interest rates surge abruptly higher
Mortgage rates have surged to the highest level since the start of 2025, causing a major pullback in mortgage demand.
Intel, SK Hynix shares jump on report they're discussing U.S. memory chip manufacturing
The deal could be a big win for Intel which has been looking to gain marquee customers for its manufacturing, or foundry, business.
Oil prices fall after U.S. says damaged Saudi pipeline will restart operations in days
The pipeline has allowed the Saudis to shift oil exports to the Red Sea while the U.S. and Iran battle for control over Hormuz.
Flyers are happier with U.S. airports, despite near record travel levels, J.D. Power report shows
Travelers gave higher ratings in part because of the newer gates and terminals many airports have opened in recent years, according to the study.
Meta CEO Mark Zuckerberg sides with Nvidia's Huang on AI safety and slowdown debate
Meta CEO Mark Zuckerberg's view of artificial intelligence safety is akin to the perspective of Nvidia's Jensen Huang rather than Anthropic chief Dario Amodei.
AWS says it can't restore service to Bahrain, UAE facilities 6 months after Iran strikes
In March, two Amazon data centers in the UAE were struck by drones, while a site was also damaged by a nearby drone hit.
Trump says Kennedy Center will stay closed without renovation unless his name is added back
The ruling comes four months after the same judge ordered that the Kennedy Center could not be renamed to include President Trump's name.
Senate cloture vote on Clarity Act fails, dealing regulatory blow to crypto industry
The Senate on Tuesday voted to block the Clarity Act from advancing, dealing a blow to the crypto industry's push for a comprehensive market framework.