Apple stock drops 6% on MacBook and iPad price hikes due to memory crunch
Tim Cook said last week that Apple would hike prices due to surging memory and storage costs.
Microsoft lifts price of Xbox consoles due to soaring component costs
Microsoft said it's increasing the price of Xbox game consoles after Apple announced price hikes for MacBooks and iPads.
Supreme Court limits Roundup cancer suits against Bayer's Monsanto
Glyphosate, used in Roundup weedkiller, is the most commonly utilized herbicide in agriculture, and it has long been linked to cancer claims.
Iranian leader scoffs at Trump claim that Tehran must buy U.S. farm products with unfrozen assets
"The only crop we're harvesting is what you planted: decades of mistrust," Iranian parliament speaker Mohammad Bagher Ghalibaf said in a social media post.
Judge says lawsuit against Trump DOJ 'anti-weaponization' fund will proceed
Acting Attorney General Todd Blanche originally set up the fund as part of a settlement of a lawsuit by President Donald Trump against the IRS.
GM reveals 2027 GMC Sierra pickup with new V-8 engines, redesigned styling
The new GMC Sierra trucks are crucial to GM's sales and earnings, especially highly profitable luxury Denali and off-road AT4 models.
Micron soars 16% after blockbuster earnings, lifting some chip stocks
The company's revenue more than quadrupled from $9.3 billion a year earlier to $41.46 billion, it reported on Wednesday
JPMorgan names Doug Petno and Troy Rohrbaugh co-presidents as longtime exec Marianne Lake exits
The moves would appear to make Doug Petno and Troy Rohrbaugh the most obvious possible successors to JPMorgan Chase CEO Jamie Dimon.
Luxury spending now driven by experiences and 'inheritourism'
While luxury goods sales are expected to grow between 1% and 4%, experiences are on track for growth of between 3% and 7% this year, according to a new report.
Judge blocks Trump's rule limiting federal student loans for certain grad school borrowers
A federal judge temporarily blocked Trump's limits on how much certain graduate students can borrow. That policy was set to go into effect July 1.
Core inflation rate hit 3.4% in May, highest since October 2023, Fed’s preferred gauge shows
The personal consumption expenditures price index was expected to show a 4.1% annual increase.
Bond ETF flows surge in hunt for yield: 'Market sniffing out something here,' says BlackRock exec
Bond investors are abandoning aggregate benchmarks in favor of a broad mix of fixed-income investments to maximize yield with the stock market on edge.
Wendy's turns lower as meme rally fails to extend to a second day
The stock's volatile run appeared largely disconnected from company fundamentals and instead reflected a burst of social media enthusiasm.
Chan Zuckerberg Initiative's Biohub to open new rare disease funding round
Chan Zuckerberg Initiative's Biohub will offer new grants to the rare disease community while expanding its AI drug repurposing partnership with Every Cure.
We're trimming a health-care stock into strength and raising our price target
It's been a remarkable turnaround for a name we started to buy a little too high and a little too fast when the Iran war broke out.
Chevron says no quick fix for gas prices as Trump takes on Big Oil: ‘It’s going to take time’
Her comments come shortly after President Donald Trump ordered an investigation into Big Oil, accusing them of "gouging" consumers.
TikTok and YouTube are reinventing sports viewership. Broadcasters are taking note
Leagues, teams and media networks are increasingly meeting younger fans on social media as platforms like TikTok, Roblox and YouTube capture most of their time.
GameStop’s CEO just sacrificed a $35 billion pay package. Here’s how it could impact his effort to buy eBay
Ryan Cohen has shared few details on how he'll move forward with his $56 billion offer for eBay since the company rejected the proposal in May.
Trump pledges rapid U.S. response for Venezuela after historic earthquakes kill hundreds
The swift U.S. offer of assistance reflects a degree of diplomatic realignment between the Trump administration and the Venezuelan interim government.
Iraq piles pressure on OPEC over quota dispute after UAE exit
Reuters reported that though Iraq had considered leaving OPEC, the current plan is to remain a member of the group while seeking a higher output quota.
Darden Restaurants earnings beat estimates but Olive Garden growth weakens
Same-store sales growth at Darden's fine-dining restaurants and Olive Garden fell short of expectations.
U.S. giving topped $600 billion for the first time last year. Megadonors and bequests are to thank
The stock market rally turbocharged charitable giving in 2025, but primarily from wealthy donors.
Iran warns ships it's 'unacceptable and dangerous' to transit the Strait of Hormuz without their approval
The stern warning underscores Tehran's resolve to retain control over the Strait of Hormuz and to resist transits that bypass its authorization.
Annuity options are growing in 401(k)s, but adoption remains limited
Annuity options are gaining ground in 401(k)s, amid worker concerns about retirement income and longevity risks.