China’s central bank strengthened the yuan’s daily fixing for a third consecutive session to a nearly 16-month high, as the currency also held firm in offshore markets despite recent US dollar strengt...
Jerome Powell, a particularly mild-mannered speaker, slammed recent attempts to intimidate his department. Li Yuanqing/Xinhua via Getty Images The DOJ is probing Jerome Powell over his congressional t...
Meta is laying off around 10% of staff at its Reality Labs division as part of sweeping cuts set to affect more than 1,000 people. This includes the closure of a number of VR-first studios, such as Tw...
Steve Cohen is the owner of the New York Mets. Joe Raedle/Getty Images A new continuation vehicle has acquired stakes in Point72's fintech startups, a press release states. The new fund raised $280 mi...
It looks like the wave of campaigns against data centers are getting under big tech companies' skin - and Microsoft is the latest giant to promise to address frustrations on the ground in communities ...
Donald Trump and Microsoft CEO Satya Nadella. Chip Somodevilla/Getty Images Microsoft unveiled a five-point plan to reduce AI data center impact on US communities. The company aims to reduce rising ut...
Tesla Model Y electric vehicles (EV) at a dealership in Colma, California, US, on Tuesday, July 1, 2025. As its sales continue to slip and its robotaxi strategy seems to falter , Tesla CEO Elon Musk s...
ANGELA WEISS / AFP via Getty Images Wall Street professionals say AI chatbots are not ready to replace core finance work. Finance leaders use AI for tasks such as summarizing books and presentations a...
The GPU market is turning into a mess again. Asus told Hardware Unboxed earlier this week that it was winding down production of its RTX 5070 Ti, but the PC maker is now walking back that claim and bl...
Disney's stock is casting a shadow over CEO Bob Iger. Variety/Getty Images; Getty Images; Tyler Le/BI A sluggish Disney stock threatens to dent CEO Bob Iger's legacy. The stock is far below its all-ti...
Netflix co-CEO Ted Sarandos has spent years people should be able to see big movies at home, without going to theaters. Now he's changing his tune. Rich Polk/2026GG/Penske Media via Getty Images Netfl...
Jane Fraser is the CEO of Citi. PATRICK T. FALLON/AFP via Getty Images Citi is on the attack as CEO Jane Fraser lays out high expectations for 2026. Fraser says Citi has put the dog days of its turnar...
It's been another big year for Netflix. Stranger Things, KPop Demon Hunters, Frankenstein, Wake Up Dead Man, and a lot more kept audiences glued to the streaming service in spite of price increases an...
Learning app Duolingo has 17 million followers on TikTok where its mascot Duo is a social-media celebrity. Isa Foltin/TikTok via Getty Images Social media is more important than ever for US retail sit...
Russia and Venezuela maintain a strategic partnership spanning energy, defense, and diplomacy. Yuri Cortez/AFP/Getty Images Russia's state-owned Roszarubezhneft says its Venezuelan oil assets belong t...
Some gig workers are selling or renting their accounts to others, a new TransUnion survey found. : Jeffrey Greenberg/Universal Images Group via Getty Images Some gig workers are selling or renting the...
Sen. Jeff Merkley raised concerns about ending the SAVE student-loan repayment plan. Chip Somodevilla/Getty Images A group of Democratic lawmakers raised concerns with Trump's proposed settlement to e...
The Northeast made up more than half of the top 10 hottest metros for 2026. Bruce Peter Morin/Getty Images Zillow predicts Northeast metros will lead the hottest housing markets in 2026. Coastal citie...
Major retailers typically have several in-house brands. Costco just has one: Kirkland Signature. Kevin Carter/Getty Images Costco sells a lot of brand-name goods at a lower unit price than typical ret...
PALM BEACH, FLORIDA - DECEMBER 20: U.S. President Donald Trump walks off Air Force One at Palm Beach International Airport on December 20, 2025 in Palm Beach, Florida. Trump traveled to his Mar-a-Lago...