A view of flooded streets after 24 hours of continuous heavy rain over Fort Myers, Florida, United States on June 13, 2024.Anadolu | Anadolu | Getty ImagesConsumers preparing to renew their homeowners insurance policy may experience some unexpected sticker shock.Between...
Damircudic | E+ | Getty ImagesThe number of federal student loan borrowers with six-figure debts is on the rise.In the second quarter of 2024, 2.4 million borrowers carried a federal student loan balance between $100,000 and $200,000, up from 1.8...
A McDonald's fast-food restaurant in Manhattan, New York, on July 6, 2024.Beata Zawrzel | Nurphoto | Getty ImagesAfter a challenging second quarter, McDonald's executives told restaurant operators and analysts they are refocusing on how to recapture consumers with deals as...
Sundar Pichai and Tim CookSource: Reuters; AppleApple said on Monday that the artificial intelligence models underpinning Apple Intelligence, its AI system, were pretrained on processors designed by Google, a sign that Big Tech companies are looking for alternatives to Nvidia...
Companies with exclusive access to unique data will be well-positioned to capitalize on the next leg of AI advancements, according to Tema ETF's Chief Investment Officer Yuri Khodjamirian. AI models, such as OpenAI's ChatGPT or Anthropic's Claude, are built by...
Real estate is one corner of the market that investors are moving into , as expectations of interest rate cuts grow. Markets are betting that this month's inflation data will give the U.S. Federal Reserve justification to cut rates, as...
Republican presidential nominee Donald Trump said Monday that while he "probably" will debate Vice President Kamala Harris, he "could also make a case" for avoiding a face-to-face confrontation with his likely Democratic opponent.Trump, in a Fox News interview that aired...
A pedestrian walks past the Bank of Japan (BoJ) building in central Tokyo on July 28, 2023.Richard A. Brooks | Afp | Getty ImagesAsia-Pacific markets fell across the region on Tuesday as the Bank of Japan kicks off its two-day...
Andrew Left, founder and CEO of Citron Research.Adam Jeffery | CNBCThe activist short seller Andrew Left surrendered in Los Angeles on Monday to face federal criminal securities fraud charges, a spokesman for the U.S. Attorney's Office there said.Left, 54, is...
Delta has hired prominent attorney David Boies to seek damages from CrowdStrike and Microsoft following an outage this month that caused millions of computers to crash, leading to thousands of flight cancellations. CrowdStrike shares fell as much as 5% in...
