Articles

This widespread inflation myth is a big problem for Biden

Many consumers think the government is to blame for higher prices, new research shows. That’s “punishing” for the president, one expert says.

GameStop says it raised $2.14 billion in share sale

GameStop Corp. said it raised around $2.14 billion in a share sale. Shares are dropping in premarket on Tuesday.

BP says staff must disclose all intimate relationships with colleagues or risk losing their jobs: report

The British firm’s new conflicts-of-interest policy follows ex-CEO Bernard Looney’s sudden departure last September over his failure to disclose intimate relationships with colleagues.

‘I have a new lease on life’: I sold my business for $130,000. It’s the first time in my life I’m not living paycheck to paycheck. What should I do with this cash?

“I have $150,000 left on my mortgage with 7.3% interest.”

Treasury yields little changed as traders await CPI data and Fed policy decision

Bond yields saw meagre moves as investors eschewed big bets before the May CPI report and the an update on monetary policy from the Federal Reserve.

Gwyneth Paltrow is selling this show-stopping Brentwood estate for $30 million

The eight-bedroom, 11-bath estate includes a chef’s kitchen, wine cellar, estate manager’s office, gym, and game room and home theater.

Biden officials say Americans have scored $1 billion in EV tax credits this year

Deputy Treasury Secretary Wally Adeyemo says the $1 billion figure represents a “major milestone in the administration’s work to lower transportation costs for Americans.”

China’s consumer prices rise for fourth straight month

China’s consumer prices rose mildly in May, while factory-gate prices continued to fall, suggesting persistently tepid demand, as Beijing continues to try to lift lackluster consumption.

Oracle’s cloud AI deals excite investors, but do they have long-term potential?

‘We do not believe these AI demand-driven partnerships will last forever,’ one analyst says.

Nathan’s hot-dog eating champ Joey Chestnut is now promoting plant-based franks

The competitive-eating great is joining forces with plant-based meat company Impossible Foods — but he’s been banned from the Nathan’s Famous Fourth of July event as a result.

Medical debt could disappear from credit reports. The problem is getting it to disappear where it really matters.

Unpaid medical bills will be wiped off credit reports under a proposed rule that’s a win for people trying to salvage their finances after health emergencies, the Biden administration said Tuesday.

Elon Musk drops suit against OpenAI’s Sam Altman in latest chapter of AI saga

The dismissal comes a day after Musk criticized Apple for a partnership with OpenAI.
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