Articles

Actor Orlando Bloom sells renovated Beverly Hills mansion for $7 million after breakup with Katy Perry

Hollywood heavyweight Orlando Bloom has offloaded his Beverly Hills mansion for $7 million, weeks after he and songstress Katy Perry called it quits.

There’s finally inflation from tariffs — in Hermes bags

Luxury-goods giant Hermes International has been passing along tariff increases to its U.S. customers.

Kiss star Gene Simmons sells Beverly Hills mansion for $28 million—twice what he asked for

Kiss bassist Gene Simmons has offloaded his expansive Beverly Hills dwelling for $28 million, even with a long list of criteria buyers needed to follow.

UBS says savings from Credit Suisse deal reach $9.1 billion as profit tops forecast

UBS said it’s now achieved $9.1 billion of gross savings from its purchase of Credit Suisse as the Swiss banking giant reported stronger-than-forecast second-quarter earnings.

Here’s how much today’s 65-year-olds will spend on healthcare in retirement

Ready for some ‘sticker shock?’ Retiree healthcare expenses keep rising.

Social Security wants to make a change that would cause 3.4 million more people to have to visit its field offices

Proposed new rules would cause ‘a significant new burden,’ critics say

Why the man behind ‘The Hater’s Guide to the AI Bubble’ thinks Wall Street’s hottest trade will go bust

Since OpenAI launched ChatGPT in November 2022, generative artificial-intelligence chatbots have attracted millions of users and provoked plenty of excitement. But some skeptics are asking: If this technology is destined to be as successful as its evangelists claim, why isn’t it generating any profits?

Trump’s 50% tariff on copper imports is set to start Friday. Here’s what could happen.

The U.S. is expected to implement a 50% tariff on copper imports at the end of the week, but what happens next is anyone’s guess as talk of an exemption for Chile, the biggest U.S. supplier of the metal, and a potential U.S. and European “metal alliance” heats up.

Starbucks’ investments in staff hit profits, but CEO says turnaround is likely ‘ahead of schedule’

Coffee chain promises “a wave of innovation” in 2026.

Visa says spending is growing at a healthy rate, but its stock dips after earnings

Visa is seeing “resilient” trends in discretionary and non-discretionary spending categories.

Ambiq will soon make its IPO debut. Here’s what to know about the AI chip company.

The company calls itself a ‘pioneer’ of ultra-low-power chip solutions that can be used for edge AI, or processing data on smaller devices without cloud servers.

This oil company is spending $14 billion to be part of the AI data-center business

Oil-services giant outbids rival to hitch a ride on the data center gravy train by buying a heat cooling company
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