Articles

: Former Facebook security head warns 2024 election could be ‘overrun’ with AI-created fake content

"What once took a team of 20 to 40 people working out of [Russia or Iran] to produce 100,000 pieces can now be done by one person using open-source gen AI," Alex Stamos said.

Earnings Results: FedEx shares rally as cost cuts help profit outlook

Shares of FedEx rallied after hours on Wednesday after the package deliverer raised its full-year profit outlook.

The Ratings Game: Why AMC is eyeing ‘Ape’-branded beer and wine after its big popcorn push

“It’s a simple idea that makes sense,” said Wedbush analyst Alicia Reese.

The Ratings Game: Amazon illustrates one challenge for Zebra’s stock, Morgan Stanley cautions

A more "extended" recovery for the consumer and retail markets could mean challenges for Zebra Technologies Corp. shares, according to Morgan Stanley.

Market Extra: Traders’ interest-rate expectations for 2023 little changed despite Fed’s projections

Federal-funds futures are still indicating that traders expect the Federal Reserve will keep its benchmark interest rate at the current level this year, even as the Fed's projections released Wednesday showed one more rate hike may be coming. 

: The return-to-office battle just hit a tipping point that gave companies a win

Companies’ push to bring more workers back into the office is showing initial signs of working, according to one important indicator.

: Climate change leaves us at ‘gates of hell,’ says U.N.’s Guterres at event that pushes aside mega-polluters U.S., China

Head of the U.N. says the world is approaching the “gates of hell” as climate change intensifies, in remarks made at a yearly climate-ambition summit.

The Ratings Game: IBM’s stock jumps as RBC sets new Wall Street-high target at a 9-year high

IBM's stock rallied Wednesday after RBC Capital's Matthew Swanson set a Wall Street-high price target that suggests a nine-year high is on the horizon.

: Biden administration to cancel $37 million in debt for borrowers who attended the University of Phoenix

Roughly 1,200 former University of Phoenix students are eligible for the relief

: Cash investors may be at ‘the top of the mountain’ with Fed pause. Here’s when 5% CDs and money market funds could finally end.

Almost 40% of people have increased their cash holdings since interest rate hikes started, one survey found.

Financial Crime: Dialing for dollars: Oklahoma couple guilty in $88 million pirated Avaya phone software scam

Brad and Dusti Pearce were accused of stealing so many phone licenses that they nearly cornered the global market for such software.

In One Chart: ‘Growing confidence in a soft landing’? Here’s where traders see Fed’s interest rate going in 2024

Traders’ expectations for where the Federal Reserve’s benchmark interest rate will wind up in late 2024 is well above where they saw it heading soon after the collapse of regional banks, even as they anticipate rate cuts next year.
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