Articles

The Ratings Game: Amazon poised to ‘close the AI gap’ with rivals, says one of stock’s most bullish analysts

Amazon.com Inc. is perhaps in an interesting spot when it comes to artificial intelligence.

In One Chart: Economist who anticipated bank failures says U.S. recession may be just around the corner

An economist who delivered a prescient warning about the health of the U.S. banking system is now saying a long-awaited U.S. recession could finally arrive in the months ahead.

: Intel’s ‘manufacturing will begin to generate a margin,’ CFO says, stock drops

Intel said Wednesday it was providing more transparency into its manufacturing arm as the chip maker focuses on making its foundry business more competitive.

Key Words: AI could further an ‘erosion of the middle class’ unless Congress takes action, Schumer says

Senate Majority Leader Chuck Schumer argued Wednesday that Congress must play a unique role in reining in AI technology.

: Home buyers now need $117,100 in annual income to afford a median-priced home, Harvard report says

More than two million would-be home buyers have been pushed out of the market because of rising home prices and mortgage rates, according to a new report. 

Futures Movers: Oil pushes higher as Fed’s Powell testifies

Oil futures gain ground as Federal Reserve Chair Jerome Powell testifies before the House.

: Amazon Prime Day event is set for July 11-12 and will focus on small-business offerings

Amazon Prime Day announcement weighs against news FTC is charging company with 'duping' customers into enrolling in Prime.

The Margin: LeBron James vs. Michael Jordan: Who is the GOAT when it comes to net worth?

Jordan recently agreed to sell his majority stake in the Charlotte Hornets. We looked at who the GOAT is at making money.

: Amazon’s stock falls after FTC sues, alleging people were ‘tricked and trapped’ into Prime subscriptions

Amazon's stock fell after the FTC took action against the e-commerce giant, alleging consumers were "duped" into recurring Amazon Prime subscriptions.

: Colleges educating more than 1 million students are leaving them financially worse off

A new report highlights how many schools aren’t delivering basic economic return to students

: Tesla’s stock heads toward deepest loss in two months

Tesla Inc.'s stock drops more than 4% Wednesday in the wake of a downgrade and looks set to notch its worst one-day percentage drop since late April.

: Logitech’s stock hit by reports its $30 game controller was used to steer missing sub near Titanic

Logitech stock has lost 18% in the month to date. Its F710 gamepad was steering the submersible that vanished while visiting the Titanic wreck.
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