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The Latest Breaking News on Business

Top Pension Fund Faces Fresh Scrutiny After Independent Probe Alleges Secrecy, Weak Returns And Oversight Gaps

The California Public Employees' Retirement System (CalPERS), the nation's largest public pension fund, has been hampered by secrecy, chronic underperformance, understated investment costs and potential conflicts of interest, according to a new report.

International Business Times

Revvity Stock: Analyst Estimates & Ratings

Revvity has underperformed the broader market over the past year, but analysts are cautiously optimistic about the stock’s prospects.

Barchart

US stocks today: Dow hits record high as Middle East hopes lift sentiment and Warsh takes Fed charge

US stocks rose as Dow hit an intraday record and S&P 500 extended its winning streak to eight weeks, supported by strong earnings and hopes of easing Middle East tensions. Tech stocks gained after Lenovo results lifted Dell and HP. Bond yields eased while Kevin Warsh was sworn in as…

The Economic Times

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Another low budget airline files for bankruptcy – following in Spirit’s steps

Magnicharters, a low-cost Mexican carrier, filed for bankruptcy protection earlier this week in the First District Court in Mexico City, according to The Street

The Independent UK

Do Wall Street Analysts Like Ares Management Stock?

Ares Management has notably underperformed the broader market over the past year, but analysts are cautiously optimistic about the stock’s prospects.

Barchart

Ohio Seniors: Why More Local Banks Are Adding Elder Fraud Protections to Accounts in 2026

For many Ohio seniors, the biggest financial fear is no longer just inflation or rising healthcare costs. Increasingly, retirees are worried about scams, fake bank...

Saving Advice

A single Nvidia Vera Rubin rack is estimated to cost $7,803,148 with over $2 million of that figure spent on memory alone

A 435% increase in memory cost over the GB300, supposedly.

PC Gamer

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Are Wall Street Analysts Predicting McKesson Stock Will Climb or Sink?

McKesson has underperformed the broader market over the past year, but analysts are highly optimistic about the stock’s prospects.

Barchart

What Are Wall Street Analysts' Target Price for Quanta Services Stock?

Quanta Services has rallied the broader market over the past year, and analysts remain highly optimistic about the stock’s prospects.

Barchart

AI code security risk: The need for a smarter layer between detection and remediation

AI is accelerating code and risk. Security needs smarter triage beyond detection to remediation.

TechRadar

Walmart warns customers of price hikes due to rising fuel costs

In total the rising fuel costs have resulted in a $175 million hit to Walmart’s operating income, the retail giant says

The Independent UK

Angst over rising cost of living pushes US consumer sentiment to record low

US consumer sentiment fell to a record low in May as rising gasoline prices driven by the Iran war intensified cost-of-living pressures. Inflation expectations climbed sharply, especially among Republicans and independents, signalling growing economic dissatisfaction and posing risks to spending despite a still-resilient labour market and ongoing stock market gains.

The Economic Times

The five states where rising household costs are hurting Americans the most

‘Household bills are one of the biggest pressures on monthly budgets,’ one expert said

The Independent UK

IRS wants to store your biometric data for longer to help in its investigations

New proposals would allow third-party contractor to hold onto U.S. taxpayers’ identifying information for up to three years after their accounts are closed, inviting privacy concerns

The Independent UK

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RideApart

This Motorcycle Company Wants to Replace Salespeople With AI. Just Make Them Suck Less

The dealership remains the one place everyone can agree sucks the most. So while I get Moto Morini's pivot to AI salespeople at a base level, what's wrong with just making the dealership suck less?

Saving Advice

Don’t Forget Your Digital POA: New Laws Grant Agents Access to Your Email, Online Accounts and Crypto

Most people think a power of attorney only covers bank accounts, real estate, and medical decisions. In reality, your digital life may now hold just...

International Business Times UK

'Bitcoin Should Have Gone Up Every Time the Dollar Fell': Mark Cuban Sells 80% of BTC, Regrets Choosing Over Gold

Mark Cuban has sold 80% of his Bitcoin holdings, citing its failure to act as a safe-haven asset during geopolitical tensions and economic volatility, marking a shift in his crypto sentiment.

International Business Times UK

'It's All a Scam': American Student Took Out $49,548 in Loans, Paid $25K — Balance Rose to $50,121

US student loans remain a burden, with many borrowers facing increased debt despite years of payments without realising the impact of compounding interest rates.

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news in one place.

100's of premium titles.
One news app.

International Business Times

Microsoft Reportedly Considering Supplying Anthropic With AI Chips

Microsoft is in early talks to supply Anthropic with artificial intelligence chips, a potential deal that would give the Claude maker more computing power while offering Microsoft a major test case for its own custom AI hardware.

Tom’s Guide

Pizza Hut franchisee says AI delivery system cost them millions and 'pummeled consumer satisfaction' — now there’s a $100 million lawsuit

A Pizza Hut franchisee has brought a $100 million lawsuit against its parent company after being forced to use an AI delivery system that hurt its business.

Reason

60% of Harvard Grades Were A's in 2025. Now the School Is Fighting Grade Inflation.

Harvard faculty voted to put a 20 percent cap on A’s to combat grade inflation.

The Guardian - US

‘Per my last email’: how email incivility can affect us at work

Although it might seem like a minor irritant, the consequences of email incivility can be far-reaching

The Economic Times

India great partner, ready to expand energy exports: Marco Rubio

US Secretary of State Marco Rubio said the United States is ready to sell India as much energy as it is willing to buy, ahead of his first official visit to New Delhi. He described India as a “great partner” and said energy cooperation would be a key focus of…

The Economic Times

US Stock Market: Treasury yield surge sparks mortgage hedging frenzy, deepens bond selloff

Rising Treasury yields are forcing investors to sell government debt. This is due to increased risks from higher interest rates and fewer mortgage refinances. Stronger inflation data has led markets to expect further Federal Reserve action. This activity is causing significant swings in the bond market.

International Business Times UK

Samsung Workers Demand Larger Payouts After AI Chip Profits Jump 8.5 Times in a Year

Samsung's employees in South Korea have secured a historic deal to share in the company's AI-driven profits, averting a major strike and highlighting the growing debate over corporate wealth distribution.

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