Articles

‘It kills jobs’ — and 4 other huge mistakes you’re making about the AI revolution

The next Alphabet, Apple and Amazon are being built on the back of AI right now.

Tesla’s stock gains as Elon Musk says he’ll ‘do a lot less’ political spending

Shares in Tesla Inc. recently traded nearly 2% higher, even as the S&P 500 index dipped, as Chief Executive Elon Musk said he planned to cut back on his political spending and declared that the car company’s sales are improving.

Trump’s $1.6 trillion spin: What the numbers really say about GOP tax bill

The White House’s claim that the GOP tax bill would save $1.6 trillion is only a partial accounting of the bill’s spending cuts — and ignores something else.

This is how Americans are blowing their retirement money — again

All the ways we find to set our hard-earned money on fire.

Victoria’s Secret moves to block activist investor from amassing controlling stake

Underwear company adopts so-called poison pill after Australian activist shareholder Blundy switches stock-holding classification to active from passive.

How Microsoft can make real money off its AI investments — and break away from OpenAI

Microsoft announced new tools for companies to develop their own AI services that have analysts confident in the tech giant’s AI momentum and strategy.

Pfizer makes a $6 billion run into a new cancer drug race, 6 months after rival

Pfizer jumps into cancer-treatment race with a $6 billion licensing deal with a China-based company, six months after Merck’s move for a lot less money.

Trump sours on lifting SALT cap, calling it a gift to Democratic governors

President Donald Trump dimmed the hopes of some Republicans Tuesday when he took a public swipe at their efforts to raise the cap on state and local tax deductions, warning that doing so would “benefit Democrat governors” who he says “are destroying our country.”

Social Security is loved by people across the political spectrum

But they want only high earners to pay for the fix

Why Wells Fargo expects the emerging-markets outperformance to reverse

This year, emerging-market equities have outperformed the S&P 500 by a wide margin and investors have debated whether the relative strength can be sustained. A new report by Wells Fargo analyst Austin Pickle expects the trend to reverse.

Elon Musk’s Starlink is battling Globalstar to rule the skies. Here’s the likely winner.

Apple partners with a former CEO of Qualcomm, while T-Mobile joins forces with the CEO of Tesla and SpaceX.

Here’s when you’ll want to own stocks if this well-known market cycle repeats

U.S. stocks typically are flat during the second year of a presidential term — and soar in the post-midterm election third year.
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