Trump considering 11 candidates for Fed chair, including David Zervos and Rick Rieder, sources say
The size of the Fed Chair candidate list and the process described suggest a decision is not imminent and could…
Category: Economy
CoreWeave tanks 20% after posting wider-than-expected loss ahead of lock-up expiration
CoreWeave's stock dropped 20% after the renter of artificial intelligence data centers reported a bigger-than-expected loss. ...
Google faces loss of Chrome as Perplexity bid adds drama to looming breakup decision
Perplexity AI's offer of $34.5 billion for Google's Chrome browser is a lot lower than where some analysts value the…
Cisco reports narrow earnings beat, issues inline forecast for the year
Cisco's results for the fiscal fourth quarter came in mostly as analysts had expected. ...
How E.l.f pulled off its $1 billion Rhode deal
E.l.f.'s affordable-yet-premium products have gone viral on social media thanks to the rise of "dupe culture," and a focus on…
Tesla is hiring robotaxi test drivers in New York City, but company hasn’t applied for permits
Tesla is recruiting test drivers for "automated driving systems" in Queens, but hasn't applied for permits to test its autonomous…
Musk threatens ‘immediate’ legal action against Apple over alleged antitrust violations
ChatGPT was ranked No. 1 in the top free apps section of the American iOS store. Apple has tied up…
Circle shares rise as second-quarter revenue jumps 53% on strong stablecoin growth
Circle shares jumped Tuesday after reporting its first quarterly earnings as a publicly listed company. ...
Spirit Airlines warns it might not be able to survive without more cash
Spirit AIrlines issued a going-concern warning in its quarterly report. ...