Here’s what to expect from Friday’s release of the April jobs report
The total picture is one of a labor market that, while undoubtedly cooling, is generally stable and resilient despite a…
Economy
Apollo CEO Rowan warns of market correction, slams ‘egregious’ practices at rival insurers
Apollo CEO Marc Rowan warned that markets face an elevated risk of unexpected shocks, saying he is positioning the firm…
Snap issues cautious guidance as Perplexity deal ends, Middle East ‘geopolitical situation’ causes uncertainty
Snap reported first-quarter earnings and provided cautious sales guidance while revealing it no longer has a deal with the generative…
Iran war threatens jet fuel shortage that could disrupt summer travel in Asia and Europe
Oil executives have warned that the supply disruption in the Middle East will soon cause actual fuel shortages in some…
Trump admin. moves further into AI oversight, will test Google, Microsoft and xAI models
The White House is also considering a new AI working group that would explore potential oversight and vet models before…
Microsoft Xbox CEO overhauls leadership amid sinking sales: ‘We need to evolve how we work’
Asha Sharma, the former Instacart and Meta executive who took over Xbox at Microsoft, said the unit doesn't spend enough…
Intel soars 14% on report of Apple chip talks, hits new all-time high
The jump comes on reports that Apple is discussing using Intel chips for its U.S. devices and follows a historic…
U.S. crude oil exports surge to record as tankers flock to Gulf Coast during Iran war
Oil exports are booming from the U.S. Gulf Coast thanks to the Middle East supply disruption caused by the Iran…
Rudy Giuliani, former New York mayor and Trump lawyer, hospitalized in critical condition
President Donald Trump called Rudy Giuliani a "True Warrior, and the Best Mayor in the History of New York City,…