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The Latest Breaking News on Business

Chevron has outperformed the Dow Jones over the past year, and analysts remain moderately optimistic about the stock’s outlook.

Barchart

Americans Are Spending Faster Than They Earn As Savings Rate Falls, Figures Show

Consumer spending rose in April even as disposable personal income fell, suggesting many Americans are no longer spending from strength but from savings.

International Business Times

Southwest in U-turn on controversial passenger policy

Travelers previously accused the airline of charging a ‘fat tax’ with one of its policies

The Independent UK

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Is Abbott Laboratories Stock Underperforming the Dow?

Abbott Laboratories has trailed the Dow Jones Industrial Average over the past year, but analysts remain highly optimistic about the company's long-term growth prospects.

Barchart

Americans planning summer travel hits six-year low

‘General affordability is a major concern among non-travelers,’ the study said

The Independent UK

5 Bills That Quietly Got More Expensive This Year While Everyone Was Watching Inflation

Prices grabbed headlines this year, but not every increase showed up in the usual inflation reports. Many households noticed their budgets tightening even when headline inflation looked like it cooled off. That gap comes from a quieter trend: essential bills rising in the background while attention stayed elsewhere. These increases…

The Free Financial Advisor

Bitcoin crash warning? $2.8 billion ETF outflows shake crypto market as BTC USD falls below $72,000 today - here's what traders need to know

Bitcoin BTC USD crash prediction: Investor confidence in crypto is waning. Billions are exiting Bitcoin ETFs. Capital is flowing into the strong US stock market. AI stocks are drawing significant attention. Bitcoin prices have fallen below $74,000. On-chain data shows weakening demand. This trend mirrors past bear markets. Long-term holders…

The Economic Times

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Laurentian Bank of Canada Q2 Earnings Call Highlights

Laurentian Bank of Canada (TSE:LB) reported a second-quarter loss on a reported basis as transaction-related charges and a loss tied to the sale of a syndicated loan portfolio weighed on results, while management said the bank remains on track with previously announced transactions involving Nationa

MarketBeat

North Carolina Buyers Are Facing a New Affordability Problem Beyond Mortgage Rates

Homebuyers in North Carolina keep watching mortgage rates like they hold the only key to affordability, but another wave of costs is quietly tightening the pressure. Even when rates dip slightly, monthly budgets still feel stretched thin in ways that surprise many buyers stepping into today’s market. Home prices across…

The Free Financial Advisor

Gap, American Eagle fall as brand troubles weaken annual forecasts

The results underscore a widening split in consumer spending, with record-low sentiment driven by the Iran war forcing lower-income households to cut back, even as higher-income shoppers remain selectively willing to spend.

The Economic Times

Why Signing a ‘Zero-Dollar’ Home Repair Contract Could Cost You Thousands

Home repair deals that advertise a “zero-dollar” contract often sound like a dream come true. No upfront payment, no initial bill, and repairs supposedly covered through insurance or future billing can feel like a stress-free win. Sounds perfect, right? Many homeowners jump in quickly, thinking they secured a risk-free solution…

Clever Dude

Dell shares soar more than 30% on strong earnings

Following robust financial results, Dell's stock soared, reflecting a successful pivot toward AI servers that has truly paid off, surpassing the company's historical reliance on PC sales. This evolution strategically positions Dell at the forefront of the booming AI infrastructure industry. Other server companies also enjoyed beneficial stock trends.

The Economic Times

North Carolina Buyers Are Running Into a New Housing Cost They Didn’t Expect

Homebuyers across North Carolina continue to chase affordable properties in fast-growing cities like Raleigh, Charlotte, and Greensboro, but many discover an unexpected financial twist right after going under contract. The sticker price often looks manageable at first glance, especially compared to high-cost states, yet the monthly reality tells a different…

Everybody Loves Your Money

Americans Feel That Higher Salaries Aren't Catching Up With Inflation, Report Shows

Americans' wages have broadly kept up with inflation over the past quarter-century, but most feel that they are not enough when measured against recent price spikes, according to a new analysis.

Latin Times

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Budget and the Bees

The ‘Dormancy’ Recall: How the State Can Legally Claim Your Idle Accounts Under Unclaimed Property Laws

You may think an old savings account, forgotten paycheck, or unused brokerage account simply sits untouched forever. In reality, state governments can legally take custody of dormant assets under unclaimed property laws. This process, called escheatment, affects millions of Americans every year, often without them realizing it until they search…

The Economic Times

Dell stock skyrockets on AI demand: Can Dell become the next AI infrastructure giant as Wall Street rushes into Dell shares?

Dell Technologies shares jumped nearly 40% after AI server demand exploded, shocking Wall Street. The Dell stock rally came as AI server boom pushed revenue outlook to about $167 billion, far above expectations. Investors reacted to strong AI infrastructure growth, record AI orders, and rising data center demand. Dell earnings…

Barchart

How Is Netflix’s Stock Performance Compared to Other Entertainment Stocks?

Netflix has lagged broader entertainment peers, yet analysts stay steady, suggesting patience could still reward long-term investors.

Everybody Loves Your Money

Michigan Drivers Say One Everyday Car Expense Is Hitting Harder Than Gas Prices This Spring

Gas prices often grab the spotlight whenever drivers talk about money stress, but Michigan motorists now point to a different financial pressure that feels even heavier this spring. Everyday car ownership costs continue climbing in ways that quietly strain monthly budgets, especially for commuters and families who rely on their…

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The Guardian - UK

Workers need greater say over AI rollout, says TUC-backed report

Exclusive: IPPR thinktank calls for new measures to boost employees’ influence at ‘pivotal moment’ in history

The Guardian - US

Google employee charged with using insider data to rig bets on Polymarket

US DoJ alleges software engineer Michele Spagnuolo, 36, earned $1.2m betting on Google’s most-searched list

The Texas Tribune

East Texas could be the key to developing critical lithium supply for the U.S. military

Texas lawmakers proposed a bill to allow private-sector lithium mining companies to work on certain military bases.

The Economic Times

Bitcoin consolidates near $73,600 as whale outflows hit highest level since February

Bitcoin hovered near $73,660 as whale outflows hit their highest level since February, adding to short-term selling pressure. Major altcoins saw mixed moves, with BNB, XRP, Solana, Dogecoin and Cardano gaining, while Tron slipped. Market sentiment remained cautious even as global crypto market capitalisation edged up to $2.47 trillion.

InsideEVs

Elon Musk Promised 1,000 Texas Robotaxis Last Year. It’s Nowhere Near That

The official count was revealed for the first time in registration information submitted by Tesla to the Texas DMV.

The Economic Times

US Stock Market: US growth revised lower; inflation remains elevated

The US first-quarter GDP growth was revised down to 1.6%, indicating a slowdown driven by weaker consumer spending and inventory investment. Meanwhile, April's inflation remained elevated, with the PCE price index rising 3.8% year-on-year.

TechRadar

Security teams can't keep up with how fast AI is cracking cloud security

Businesses are aware of AI-powered attacks, but their infrastructure can't keep up with the speed of change.

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