Latest Business News
Microsoft jumps 7% as it boosts capital spending plans, citing demand
Microsoft sees positive free cash flow for the new fiscal year as it changes accounting for data centers and office buildings.
Meta's stock drops on disappointing guidance, dwindling free cash flow
Meta issued a weaker-than-expected revenue forecast and narrowed its capex range for the year.
What a divided Fed means for investors
Wall Street has a clear takeaway from this week's Federal Reserve decision: A hike is likely on the horizon.
Australia news live: Albanese says fuel excise cut is ending ‘with a lot of notice’; three dead in Sydney house fire
Follow updates liveGet our breaking news email, free app or daily news podcastMinister says meeting Closing the Gap target a major step, but more work needed on othersMalarndirri McCarthy, the...
The U.S. wants Asia to use its AI — but China dominates cheaper models
The world's largest continent is becoming the center of the artificial intelligence race between the U.S. and China.
OpenAI CFO Sarah Friar tells employees that annualized revenue in July topped all of Q2
OpenAI is trying to reassure employees that the business is healthy as competition emerges from Anthropic as well as a host of open-source players.
Here are the five big takeaways from this week's Fed meeting
The Federal Reserve on Wednesday followed through on expectations for no interest rate change.
Todd Blanche attorney general nomination on edge as Cornyn questions Trump-IRS settlement
Sen. John Cornyn, R-Texas, says the DOJ has failed to satisfy his concerns about a deal to shield President Donald Trump and others from IRS tax audits.
Jeffrey Gundlach says the bond market is telling Warsh the Fed has to start acting on inflation
Gundlach said the divergent moves across the Treasury curve showed investors' skepticism that the Fed will ultimately follow through.
Bryan Kohberger Now Says He’s Innocent—Can He Legally Take Back Guilty Plea? Attorney Weighs In
Bryan Kohberger now says he’s innocent, and in a statement to the New York Times, claimed that in the case of “State v. Kohberger, justice was not served.”
It is past time to upgrade to post-quantum encryption
When the quantum breakthrough comes, data being harvested today will be exposed
Chipotle hikes same-store sales forecast, says cyclospora fears hit sales in late July
Chipotle Mexican Grill stock has fallen more than 7% this year, dragging its market value down to roughly $44 billion.