Amazon stock soars 10% as earnings beat estimates, company posts strong cloud growth
AWS revenue accelerated 20.2% to $33 billion, which CEO Andy Jassy said was a pace it hadn't seen since 2022.
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Property tax revolt coming to your neighborhood...
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Meta shares drop 9% despite earnings beat as company takes one-time tax charge
Meta reported third-quarter earnings on Wednesday and investors will be watching for any signs that it will increase spending on artificial intelligence.
Fed cuts rates for the second time this year, will end balance sheet run-off in December
The Federal Reserve on Wednesday released its interest decision following a two-day meeting.
Nvidia becomes first company to reach $5 trillion valuation, fueled by AI boom
A dizzying AI-fueled market rally has prompted some to raise the alarm on fears of a bubble.
Charming New England city crowned America's best housing market
The nation's top affordable housing market lies just an hour north of Boston and just happened to be home to the co-founders of McDonald's, Richard and Maurice McDonald, who grew up there.
UPS axes 48,000 workers in sweeping cost-cut push, sparking stock surge
UPS said 14,000 of the eliminated positions were in management, while 34,000 came from drivers and warehouse operations.
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Tesla risks losing CEO Musk if $1 trillion pay package isn't approved, board chair says
Tesla Board Chair Robyn Denholm said Elon Musk is key to the future of the EV maker as it focuses more on Full Self Driving and Optimus.
Amazon targets as many as 30,000 corporate job cuts: Reuters, citing sources
The layoffs would represent the largest job cut at Amazon since around 27,000 jobs were eliminated starting in late 2022.
Why your beef, bananas and coffee beans have gotten so expensive
Americans are paying significantly more for these food staples, price inflation data shows. Will inflation ever relent?
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Drone company's stock soars after it appoints Donald Trump Jr. to advisory board
Orlando-based Unusual Machines said it relies on Chinese imports and warned of potential impacts from Trump tariffs.
Inflation climbs to highest level since January, beef prices soar
A recent uptick in prices has coincided with a sharp slowdown of hiring.
Trump Jr-linked drone company wins Pentagon contract...
How High Will David Ellison Go in Paramount’s Bid to Bag Warner Bros. Discovery?
David Ellison's $23.50/share offer to acquire Warner Bros. Discovery and merge it with Paramount Skydance was rejected. How high will he go?
Inflation rate hit 3.0% in September, lower than expected, long-awaited CPI report shows
The annual inflation rate as measured by the CPI was expected to be 3.1% in September, according to the Dow Jones consensus estimate.
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Target cuts 1,800 corporate jobs in its first major layoffs in a decade
Target's incoming CEO Michael Fiddelke said the cuts are designed to spur growth and make the retailer faster.
TRUMP PARDONS CRYPTO BILLIONAIRE AFTER PUMPING FAMILY COINS...