20,000 job cuts at Meta, Microsoft raise concern that AI-driven labor crisis is here
Meta said it's cutting 10% of its workforce, just as Microsoft announced that it's offering employee buyouts for the first time in its 51-year history.
Analysis: The threat to the Fed's independence isn't over
President Donald Trump has waged a long campaign to rein in the Fed. Prosecutors' decision to drop an investigation into Jerome Powell isn't the end.
Google to invest up to $40 billion in Anthropic as search giant spreads its AI bets
Anthropic said its latest agreement with Google expands on a longstanding partnership between the two companies.
Intel's stock soars more than 20% as chipmaker shows signs of a turnaround
Shares of Intel have more than doubled this year on optimism that backing from the government will help the company's position in AI.
Strait of Hormuz will not fully open until second half of 2026, Baker Hughes says
Tanker traffic through the strait remains very low as the U.S. and Iran try to enforce competing blockades during a fragile ceasefire agreement.
Kushner, Witkoff heading to Pakistan for 'direct talks' with Iran, White House says
President Donald Trump said he is in no rush to make a peace deal, claiming the Iran war has harmed stocks and oil prices less than he expected.
Bessent defends U.S. dollar swap lines as Iran war harms global finances
President Donald Trump, asked on CNBC's "Squawk Box" this week about a possible UAE swap line, appeared to say he is in favor of it.
DOJ ends Powell probe, lifts hurdle for Trump’s Fed chair nominee Warsh
President Donald Trump's nomination of Kevin Warsh to replace Federal Reserve Chair Jerome Powell had been effectively blocked because of the investigation.
Clock ticks on Spirit Airlines as bondholders weigh Trump bailout. Here's what could happen next
President Trump has said the government could buy Spirit.
Bettors on Kalshi now see Warsh likely confirmed by mid-May after DOJ drops Powell probe
Bettors on the platform now see an 86% chance that Warsh's nomination is confirmed by the U.S. Senate by May 15.
Buying chip stocks is getting pricey. Traders don't care
AMD shares soar 12% on no company news. Here's what has investors so excited
Intel's strong quarter is driving sharp gains in another chipmaker.
Nuclear reactor company X-energy shares surge 26% as AI drives interest in its IPO
Advanced nuclear reactor company X-energy began trading Friday as the AI boom and electrification broadly spark a flurry of interest in the nuclear industry.
FDA fast-tracks psychedelic drug research following Trump executive order
It's a big shift toward supporting psychedelic-based medicines for treatment-resistant depression, PTSD and substance use disorders, the FDA said.
Regeneron weighs overseas price for Otarmeni, gene therapy for rare type of hearing loss
Regeneron will make its newly approved gene therapy available for free in the U.S. The company hasn't yet decided how much it will charge in other countries.
Fed is likely to hold rates steady — here's how that impacts consumer costs
The Federal Reserve's April meeting, potentially Jerome Powell's last as chair, may impact many consumer borrowing and savings rates.
Wall Street's 'fear gauge' is doing something unusual. What it means
The S&P 500 touched record highs Thursday morning, but the Cboe Volatility Index (VIX) remained stuck near 20 and is up from five days ago.
Prediction markets could soon be available in your retirement account
Bitwise, Roundhill and GraniteShares have filed applications with the SEC to offer event contracts as exchange-traded funds.
We're raising our price target on chipmaker Arm after its blistering rally
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Oil prices fall as U.S. and Iran expected to hold direct talks in Pakistan
Oil prices fell after a three-week extension of the Israel-Lebanon ceasefire.
Trump warns of ‘big tariff’ if UK doesn’t drop digital services tax on U.S. tech firms
The tax is a 2% levy on the revenues of search engines, social media services and online marketplaces that derive value from U.K. users.
Procter & Gamble earnings beat estimates as sales grow 7%
The company reiterated its full-year forecast for earnings and sales.
AI data center backlash threatens Pennsylvania GOP incumbents in 2026 election
Pennsylvania has four competitive House races in 2026, all of which are in areas where Gov. Josh Shapiro has AI data center expansion plans.
Meta will adopt hundreds of thousands of AWS Graviton chips in latest AI infrastructure grab
The Amazon deal comes weeks after Meta made $48 billion in AI commitments with CoreWeave and Nebius.