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Finance, business, and economy headlines with related U.S. tickers, event materiality, publisher context, and links to the original source.
The IRS has released its inflation-adjusted tax brackets for 2027, and the changes could leave many Americans paying less on portions of their income.This gives taxpayers higher income thresholds and a larger standard deduction that could...
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WTI crude is heading for a steep weekly loss as Democratic election victories fuel hopes of easing tensions with Iran and recovering Gulf oil supplies outweigh bullish U.S. inventory data.
Elon Musk poured hundreds of millions of dollars into trying to help Republicans win Tuesday's midterm elections. Instead, Democrats won control of both the House and the Senate, and Musk was left trying to...
This report is from this week's The Tech Download newsletter. Like what you see? You can subscribe here.The Democrats' stunning rout of the Republicans during the midterms this week wasn't just a stinging...
An employee moves large boxes of mail at the United States Postal Service Los Angeles Processing and Distribution Center, in Los Angeles, Nov. 30, 2022.Allen J. Schaben | Los Angeles Times | Getty ImagesWhen...
Gold tends to go up when there's uncertainty in the economy. For a while, the price reflected that. But this week, it dropped from a nearly $5,600 in January to below $4,000. What's going on?
Tesla will stop making the Cybertruck next year, according to CEO Elon Musk, who said on X that the company will use the factory space to build more two-seater Cybercab robotaxis. The decision to wind down...
mins agoAI stocks sink as Nasdaq enters correction on data center fearsArtificial intelligence stocks suffered steep losses Thursday, pushing the Nasdaq into correction territory as investors worried that...
watch nowModerna on Friday smashed third-quarter revenue and earnings estimates and hiked its outlook for full-year sales growth, as some of its newer products gain momentum and Covid vaccine revenue...
ING is reportedly seeking buyers for a portfolio of 12 data center loans worth around $500 million, joining a broader push by banks to distribute credit risk tied to the artificial intelligence infrastructure...
Skip to main contentCybertruck production at the Texas Gigafactory is being axed to make way for more Cybercabs. Cybertruck production at the Texas Gigafactory is being axed to make way for more...
You say you don't want AI. Google's school fight shows what that really...
minutes agoTom GerkenTechnology reporterGetty ImagesTesla will wind down production of its Cybertruck vehicles at its Texas factory next year, Elon Musk says.He did not spell out whether it plans to stop...
BusinessPublished: Nov. 06, 2026, 4:56 a.m.Wendy's said Thursday that its board had adopted a “poison pill” plan designed to make it more difficult to engineer a hostile takeover of the company. (Charles...
The United States (US) Bureau of Labor Statistics (BLS) is set to release October Nonfarm Payrolls (NFP) data on Friday at 13:30 GMT. The report is expected to show an increase of 65K jobs, up from 29K in the previous month.
Strong earnings couldn't shield Micron and AMD when chip stocks buckled, and the market's fear gauge sat calm the day before. Behind the blame on politics sits a quieter number that will decide whether this was a scare or a correction.
The U.S. stock market got hammered on Thursday, Nov. 5, as midterm election results cast doubts about how quickly the artificial intelligence boom will continue. The elections swept several governors into...
European stock markets have fallen sharply as a rout in US tech stocks spread across the Atlantic, after the Democrats’ midterms victory sparked fears of a slowdown in the AI industry.A sell-off on Wall...
Elon Musk, the “First Tech Bro”, has just found out the hard way that a spend of nearly half a billion dollars and control of a major social media platform cannot always change the political weather. The...
An intensifying rout of tech stocks hit global markets Friday, with a surge of red tickers spreading from Wall Street to Asia and Europe after the blue wave of the U.S. midterm elections fueled fears over AI development.
Wall Street had a historic moment the day after Democrats swept the midterms, with the Dow rising 3% on Wednesday, its best performance after a midterm in 44 years. But on Thursday, it erased those gains,...
Google’s updated policy on how schools access its AI tools has raised questions among educational technology experts about the rationale behind the decision. The tech company on Tuesday announced plans to...
Market fears of AI investment slowdown isn't a new thing, says fund managerpublished at 08:06 GMT Image source, EPA ShutterstockObe Ejikeme, global equities fund manager at asset management company...