Tag: business news

Fed Governor Stephen Miran on Friday suggested that surging demand for dollar-denominated stablecoins could help push U.S. interest rates lower.In ...

Archer tanks 8% after air taxi maker sells additional 85 million shares, buys LA-area airport

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Courtesy: Archer AviationArcher Aviation's stock plummeted 8% after a share sale overshadowed a narrower-than-expected third-quarter loss.The company posted a net ...

Airlines cancel more than 700 U.S. flights as FAA-ordered shutdown cuts begin

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U.S. airlines started canceling hundreds of flights on Friday, hours after the Federal Aviation Administration ordered the cuts amid the ...

Google’s decade-long bet on custom chips is turning into company’s secret weapon in AI race

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Sopa Images | Lightrocket | Getty ImagesNvidia has established itself as the undisputed leader in artificial intelligence chips, selling large ...

Low-cost ETFs in 401(k) retirement plan? Fund giant State Street says you may soon see something like it

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A recent decision by the Securities and Exchange Commission to begin allowing fund companies to create ETF share classes of ...

Palantir CEO Karp twice slams short sellers as stock suffers worst week since April

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Palantir co-founder and CEO Alex Karp attends meetings at the U.S. Capitol in Washington on Oct. 18, 2023.Jonathan Ernst | ...

Trump budget cuts, agency gutting, leave Americans and economy at greater risk of being hacked, experts warn

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Almost a year into the second Trump administration, public sector leaders and cybersecurity experts say budget cuts and gutting of ...

McDonald’s U.S. boss puts focus on ‘value and affordability’ as consumer spending splits

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McDonald's Meal Deal photographed in Washington, D.C., on Aug. 26, 2024.Scott Suchman | The Washington Post | Getty ImagesMcDonald's leadership ...

Fed Governor Lisa Cook, in first policy speech since Trump suit, says she’s undecided on Dec. rate cut

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Member of the Federal Reserve Board of Governors Lisa Cook speaks on "The Outlook for the Economy and Monetary Policy" ...

SoftBank stares at over billion in weekly losses after stock drops 8% as investors sour on AI plays

SoftBank stares at over $50 billion in weekly losses after stock drops 8% as investors sour on AI plays

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