Articles

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.

: ‘Added suffering for families already struggling to get by’: Spending on loan interest and fees soared in 2022

Americans paid $40 billion more in interest and fees in 2022 than in 2021, with financially vulnerable families paying 28% of that total.

The Ratings Game: Disney’s streaming opportunity might be misunderstood. Here’s why.

Wall Street seems to have "largely written off any optimism" about Disney's streaming business, but such a view is misguided, according to one analyst.

Therese Poletti's Tech Tales: AI has given a big boost to stock of this lesser-known Silicon Valley computer maker

In Silicon Valley, a lesser-known computer maker, SuperMicro, has seen its stock jump this year as part of the AI frenzy.
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