business news
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World
Fed’s preferred inflation gauge rises to 2.3% annually, meeting expectations
Inflation edged higher in October as the Federal Reserve is looking for clues on how much it should lower interest…
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Generative AI’s hype has yet to lead to a must-have gadget for the holiday season
Ray-Ban Meta smart glasses Meta Shoppers looking for gadgets and gizmos powered by generative AI technology to gift to their…
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‘Europe’s Detroit’ built a thriving car industry. Trump tariffs now threaten to unravel its success
Skoda Kodiaq automobiles on the production line at the Volkswagen AG plant in Bratislava, Slovakia, on Friday, Dec. 1, 2023.…
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OpenAI gets new $1.5 billion investment from SoftBank, allowing employees to sell shares in a tender offer
Sam Altman, chief executive officer of OpenAI, during an event in Seoul, South Korea, on Friday, June 9, 2023. SeongJoon…
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Dell shares fall on light forecast despite growing AI sales
Dell Technologies forecast fourth-quarter revenue and earnings below Wall Street expectations Tuesday, despite bullish commentary from the company on AI…
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Workday stock slips on light quarterly forecast
Workday CEO Carl Eschenbach walks to a morning session at the Allen & Company Sun Valley Conference in Sun Valley,…
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Fed officials see interest rate cuts ahead, but only ‘gradually,’ meeting minutes show
Federal Reserve officials expressed confidence that inflation is easing and the labor market is strong, allowing for further interest rate…
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Constellation Brands’ stock falls as Trump tariff plan threatens to make Modelo and Corona more expensive
Packages of Modelo Especial beer are displayed for sale in a grocery store on June 14, 2023 in Los Angeles,…
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Trump’s tariff threats signal the start of a wild ride in currency markets
President-elect Donald Trump’s vow to implement additional tariffs on China, Canada and Mexico on day one of his presidency signals…
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Amgen says obesity drug caused up to 20% weight loss after a year, but shares drop 10%
The Amgen logo is displayed outside Amgen headquarters in Thousand Oaks, California, on May 17, 2023. Mario Tama | Getty…
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