US Inflation Falls to 3.5% in June as Energy Prices Drop — Stocks Rise, IBM Crashes
US inflation came in cooler than expected in June, offering a brief respite from a…
Category: Business
Breaking business news, stock market updates, Wall Street analysis, corporate news, economic trends, and financial stories from across the United States and global markets.
State Attorneys General Launch Antitrust Action to Block the $110 Billion Paramount-WBD Merger
A coalition of Democratic state attorneys general is moving to block the $110 billion merger…
AI Will Displace 15 Million American Workers — But the Full Picture Is More Complicated Than That
Artificial intelligence is coming for millions of American jobs. Exactly what happens next is where…
Volkswagen Is Weighing 100,000 Job Cuts and Four German Factory Closures in the Biggest Auto Overhaul Ever
Volkswagen is weighing a restructuring so vast it would have no precedent in automotive history.…
Pizza Hut Is Being Sold for $2.7 Billion as Yum Brands Walks Away From a 68-Year-Old Struggling Chain
Pizza Hut, the chain that introduced America to the idea of a sit-down pizza restaurant,…
SpaceX Buys Cursor Maker Anysphere for $60 Billion Just Days After Its Record-Breaking IPO
SpaceX is moving fast on its AI ambitions. Just days after going public in a…
SpaceX Is Now Public at $1.77 Trillion — Here’s What Investors Need to Know About Buying SPCX
SpaceX is officially a publicly traded company. The world’s most valuable aerospace business began trading…
SpaceX Files for the Biggest IPO in History — and It Could Make Elon Musk the World’s First Trillionaire
The numbers are in — and they are staggering. SpaceX has filed publicly for an…
SpaceX Is Going Public in June With a $1.75 Trillion Valuation — the Biggest IPO in History
The biggest stock market debut in history is weeks away. SpaceX, Elon Musk’s rocket and…
Paramount’s $110 Billion Warner Bros Deal Faces Its First Lawsuit — and It Could Derail Everything
The legal battle over Hollywood’s biggest merger in years has officially begun. Paramount subscribers filed…