When Ellie Krieger’s daughter finished college and returned home in May as a way to save money before her next move, Krieger was thrilled to have her back. Still, in their child’s absence, she and her husband had become accustomed...
Exxon Mobil on Friday posted its second-highest results for the second quarter in the past decade, as the company achieved record production in Guyana and the Permian Basin.Exxon shares were marginally higher in morning trading."If you look at the oil...
EzDubs founders Amrutavarsh Kinagi (left), Kareem Nassar and Padmanabhan Krishnamurthy pose for a photo in Palo Alto, California, in August 2023.EzDubs, a developer of language-translation technology, got started the way many tech startups get off the ground. It launched on...
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, May 4, 2024.CNBCWarren Buffett is not done selling Bank of America.Berkshire Hathaway shed a total of 19.2 million BofA shares on Tuesday, Wednesday, and Thursday for almost...
Job growth in the U.S. slowed much more than expected during July and the unemployment rate ticked higher, fueling fears of a broader economic slowdown, the Labor Department reported Friday.Nonfarm payrolls grew by just 114,000 for the month, down from...
Budrul Chukrut | SOPA Images | Lightrocket | Getty ImagesMobile betting powerhouse DraftKings is planning a tax on consumers in states with the highest sports betting tax rates, as the company looks to boost profit.The company announced Thursday that starting...
Signage outside the Nasdaq MarketSite in New York on March 23, 2023.Stephanie Keith | Bloomberg | Getty ImagesWith second-quarter earnings from tech's mega-cap companies largely in the rearview mirror, one thing is clear: Wall Street is nervous.The Nasdaq slumped 3.4%...
People walk through a Manhattan mall on July 05, 2024 in New York City.Spencer Platt | Getty Images News | Getty ImagesHiring in the U.S. slowed significantly last month, with information and financial sectors registering job losses.The information services sector...
Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X speaks during the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024. David Swanson | ReutersIf a voter in...
Google pulled an ad it showed during the Olympics that touted its AI chatbot Gemini writing a fan letter to an athlete.Google has pulled an Olympics ad for its chatbot Gemini from airwaves following backlash for the way it depicts...
