Tech megacaps plan to spend more than $300 billion in 2025 as AI race intensifies
Meta, Amazon, Alphabet and Microsoft intend to invest as much as $320 billion this year into AI advancement technologies. ...
Category: Economy
Beauty stocks post major losses after a week of worrying results
Several beauty stocks tanked this week, as companies like E.l.f. Beauty and Estee Lauder reported disappointing earnings and cut guidance.…
Trump says Nippon will invest heavily in U.S. Steel rather than purchase the company
"They'll be looking at an investment rather than a purchase," President Donald Trump said at a news conference with Japanese…
Musk to rehire Treasury DOGE staffer behind racist posts after Trump endorses idea
Marko Elez was on the DOGE team formed by Elon Musk and tasked by President Donald Trump with cutting federal…
Here’s where the jobs are for January 2025 — in one chart
Health care and retail were strong areas for the U.S. economy in January. ...
Consumer inflation fears spike in February as tariff worries hit sentiment
Respondents expect the inflation rate a year from now to be 4.3%, a 1-point jump from January and the highest…
Ford beats earnings expectations but forecasts tougher year ahead
Ford Motor beat Wall Street's top- and bottom-line expectations for the fourth quarter but forecast a tougher year ahead for…
MicroStrategy unveils new name, reports accelerated bitcoin purchases in fourth quarter
The largest corporate holder of bitcoin said it's almost halfway to its $42 billion capital raising goal after it went…
Bristol Myers Squibb plans $2 billion in cost cuts by 2027, issues weak guidance
The company also issued a 2025 guidance that fell short of expectations, as some of the company's older drugs face…