Articles

Smartsheet’s stock gets a big lift as bottom-line trends impress

Smartsheet delivered an upbeat earnings outlook, sending shares of the software maker more than 10% higher in Wednesday’s extended session.

Some Berkshire Hathaway investors tried buying the dip during Monday’s glitch — but ended up with shares at full price instead

Many investors likely tried to buy what appeared to be a more than 99% dip in Berkshire Hathaway Inc. Class A shares during Monday’s New York Stock Exchange trading glitch. Some got more than they bargained for.

House Republicans are attacking the IRS. Here’s how they want to cut $2 billion in funding.

House Republicans are making a fresh effort to cut the budget of the Internal Revenue Service, with a key committee proposing a bill that would deliver a reduction of almost 18%.

Corporate restructurings on rise because ‘nobody is coming to save you’, says Ken Moelis

An extended cycle of corporate restructurings is ahead as companies feel the heat from higher interest rates, says investment banker Ken Moelis.

Elon Musk’s SpaceX preps fourth Starship flight test in a busy week for the space industry

SpaceX is making final preparations for the latest test flight of the company’s Starship spacecraft.

Barry Sternlicht says investors shouldn’t think of his Starwood REIT property fund ‘as an ATM’

Barry Sternlicht, chairman and CEO of Starwood Capital Group, defended the decision to cap how much investors can withdraw from his $10 billion property fund.

Amazon union in New York adds Teamsters affiliation before ratification vote

The International Brotherhood of Teamsters announced Wednesday that it has formally affiliated with the Amazon Labor Union, with a vote to ratify the affiliation to take place in “the coming weeks.”

Crypto-AI startups are getting the most funding now — and that could be a problem

A weekly look at the most important moves and news in crypto, and what’s on the horizon in digital assets.

Resist the urge to ‘treat yourself’ — and reset your financial habits for life

The earlier you start to save, the more likely you can achieve your goals.

Want a vacation for under $1,000? Road trips are the answer for more Americans this summer

Here are 5 tips to save money when you drive instead of fly

Plummeting oil, diesel, and copper prices signal economic stress. Here’s why.

Some commodities can serve as barometers of economic activity, and the recent sharp declines in diesel, oil, and copper prices, along with signs of a demand slowdown in recent weeks, hint at a U.S. economy that has been “struggling.”

Apple looks to clinch $3 trillion market cap again, while Nvidia is on its tail

Apple is on the brink of crossing back into $3 trillion market-capitalization territory for the first time since January.
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