Articles

Elon Musk’s xAI company has raised $6 billion in a series B round of funding from investors including Fidelity Management & Research Co. and venture-capital firm Sequoia Capital.

Expectations about the future path of Federal Reserve interest-rate policy has been on a roller coaster this year and the next potential swoon could come Friday with the release of the Fed’s preferred inflation measure of consumer inflation.

With an estimated 62% of U.S. adults owning stocks, it becomes increasingly difficult to see how consumer demand can taper off by enough to bring down inflation.

Dell and Marvell will offer glimpses into AI spending, while Costco and Gap are among big retail names due to report.

Blackstone chairman and CEO, Stephen Schwarzman, will support Donald Trump in the November U.S. presidential elections as a “vote for change”, giving Trump access to a network of Republican party donors, after earlier expressing the need for new Republican party leadership, Axios has reported.

Novo Nordisk’s diabetes drug Ozempic reduces the risk of kidney failure and death in patients who have both Type 2 diabetes and chronic kidney disease, according to new research published Friday.

Promising new research suggests amino acids found naturally in the human body could be turned into a drug to fight dementia

Nervous types may worry over whether a renewed focus on when or whether rate cuts will arrive along with lofty valuations could set the stage for some summertime blues.

“Quiet vacationing” is popular among millennials. Here’s what it is — and how to do it without getting caught.

A new one-day settlement rule for stocks and many other securities takes effect on Tuesday. Advocates say same-day settlement would be even better for investors.

This Memorial Day weekend marks the informal start of the third summer where inflation will be buzzing around like a fly at a barbecue.

“We met several times in person, and he explained that once I gave him the money that I could trust him.”