Fed’s preferred inflation gauge shows core prices rose 3.3% annually in July
The personal consumption expenditures price index was expected to rise 0.1% monthly and 3.6% on a 12-month basis, according to economists surveyed by Dow Jones.
Mark Walter's TWG Global blasts 'attacks,' insists 'no fraud' amid federal probe
The empire of billionaire Los Angeles Dodgers owner Mark Walter has faced media scrutiny since he said he would sell his majority share of the LA Lakers.
Hyundai has grown more than any automaker in the U.S. — and it's not done yet
The South Korean automaker wants to keep going by ramping up production at a new $7.6 billion plant in Georgia to capture more sales and market share.
Iran says the U.S. is standing in the way of Hormuz deal amid talks with Oman
Iran and Oman are approaching a deal to secure safe transit through the Strait of Hormuz and future administration of the vital economic artery.
Medical device maker Boston Scientific is being hit by a cyberattack. The shares are falling
The attack has disrupted the company's ability to ship products, and it's not clear when services will be restored.
Mortgage rates hit highest level in 3 weeks, weakening demand further
Mortgage rates rose again last week causing demand for both refinances and purchase loans to drop. Rates climbed to their highest level in three weeks.
Canada unveils retaliatory tariffs on about $20 billion of U.S. goods
Canadian trade negotiators left the U.S. last week after failing to clinch a trade deal that would stop President Donald Trump's new tariffs from taking effect.
Here's why markets are starting to care about the 2026 election 10 weeks out
Wall Street analysts are tuning in 10 weeks ahead of the Nov. 3 election with concerns about risks to investors depending on how the U.S. results turn out.
Amazon service Bezos once called 'artificial artificial intelligence' is shutting down
Mechanical Turk launched in 2005 as a way to farm out tasks that are easy for humans to complete but too challenging for computers.
Is the K-shaped economy ending? Finance pros weigh in
The K-shaped economy may be changing. New data shows income and spending gaps are narrowing — but household finances tell a more complicated story.
SpaceX plans to build a $100 billion spaceport in Louisiana
SpaceX plans to establish its Starbase, LA in Vermilion Parish, which will "support thousands of launches annually."
Nvidia’s dependence on hyperscalers faces big test in earnings report
Nvidia is trying to expand its customer base by creating new financing options that allow for more clients to purchase its costly systems.
Bond rout ending? Massive bets on bond rally dominate options market
There's an old Wall Street adage: Stocks float on a sea of bonds. Options traders are betting the tide is going out.
Sen. Darline Graham, Trump's pick for South Carolina Senate, wins GOP primary
Sen. Darline Graham on Tuesday defeated Rep. Ralph Norman, winning the GOP nomination for a South Carolina Senate seat.
HP partners with U.S.-blacklisted Huawei for licensing the Chinese company's WiFi tech
It's a sign of adoption of Huawei technology outside China, despite the U.S. restricting the company from working with American suppliers such as Google.
2 of our software stocks face major tests of whether their rallies are for real
Here are the questions we are looking to answer when CrowdStrike and Salesforce report earnings Wednesday evening.
Trump's Saudi nuclear deal reaches Congress as experts warn of proliferation risk
Some Democratic lawmakers and nonproliferation advocates have criticized the pact for not including a permanent prohibition on enrichment or reprocessing.
Haidilao shares jump as delivery growth and new restaurant brands boost outlook
Haidilao shares rose after results showed strong growth in delivery and newer restaurant formats, even as revenue from its core hotpot restaurants declined.
OpenAI data center chief Chris Malone is out, the latest in a string of executive exits
An OpenAI spokesperson said the company "recently reorganized our infrastructure organization to support the scale and pace of our work."
China's short-drama producers flood the market with cheap bets — and let audiences pick the winners
The short-drama model offers an alternative to traditional entertainment, but rising distribution costs and audience-retention challenges remain.
Instagram chief Mosseri says in social media addiction trial he doesn't tell team to 'hide anything'
Instagram chief Adam Mosseri testified during a federal trial that he doesn't direct employees to withhold information that could pose legal risks to Meta.
Waymo to launch driverless rides in Germany in 2027, entering third market outside U.S.
Waymo has been the biggest robotaxi player in the U.S., and has announced plans to enter the U.K., Japan and now Germany.
From military alliance to economic partnership: How Trump is redefining U.S.-South Korea ties
Trump last Sunday instructed the Pentagon to cut military drills because they were "costly" and send "inappropriate and hostile" signals to North Korea.
HHS plans new FDA deputy commissioner roles for technology and drugs, sources say
HHS plans to name two deputy commissioners for technology and drugs, said two sources familiar with the matter.