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The Latest Breaking News on Business

Wholesale Prices Rise More Than Expected In May, Highlighting Inflationary Pressures

Wholesale prices rose more than expected in May, highlighting inflationary pressures in the U.S.

International Business Times

Why More Retirees Are Going Back to Work — and the 4 Jobs They Want Most

Rising costs are reshaping retirement as more Americans take on flexible work in retail, consulting, hospitality and delivery roles.

GOBankingRates

Americans wary of AI-driven data center boom, Reuters/Ipsos poll shows

Americans are not happy with the fast building of data centers for AI. Most people do not want these centers in their neighborhoods. They worry about higher electricity bills and job losses. This issue is important for voters ahead of the upcoming elections. Fourteen states are looking at pausing new…

The Economic Times

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Bitcoin Has Erased All of Its Trump-Era Gains — $1.2 Trillion Lost in Eight Months

Bitcoin's price has fallen just above $60,000, losing over $1.2 trillion in value. Investors are turning to AI amid economic challenges, higher interest rates, and market liquidations.

International Business Times UK

The Next AI Success Story Might Be Nepal

A market-friendly ruling party, abundant energy, and ample talent could jumpstart a new tech hub in the Himalayas.

Reason

Current price of oil as of June 10, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

Fortune

MTAR Tech shares crash 9% after 280% rally in a year. What’s spooking investors today?

MTAR Technologies shares fell sharply after its key client, Bloom Energy, saw its stock tumble in the US market following the suspension of a major data centre project. The facility was expected to be powered by 900 MW of Bloom Energy fuel cells alongside grid electricity. The selloff in MTAR…

The Economic Times

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Anthropic CEO warns of AI jobs reckoning as company pledges $200 million for research

Anthropic's Claude models have rapidly become among the most widely used AI tools in software development and enterprise work. The company's coding products, Claude Code and Claude Co-Work, are designed to automate tasks that once required teams of engineers and knowledge workers.

The Economic Times

Explained: Why Oracle shares crashed 10% in extended trading despite earnings beat

Oracle shares fell sharply in after-hours trading despite beating earnings estimates, as investors reacted to aggressive AI spending plans and rising debt concerns. The company’s massive capital raise and infrastructure push raised fears of over-leverage, even as strong revenue growth and bullish guidance highlighted its expanding role in AI cloud…

The Economic Times

Bitcoin trades below $63,000 despite softer inflation concerns after US CPI data

Bitcoin dipped below $63,000 despite in-line CPI data, trading at $62,740. Major altcoins saw mixed movements, with some gaining up to 3% while Hyperliquid fell. Analysts note Bitcoin's range-bound trading and tentative recovery, with ETF flows reflecting caution. Despite market volatility, crypto adoption continues to grow.

The Economic Times

From welder to wealthy: SpaceX IPO could make thousands of employees millionaires

The stock market debut of Elon Musk's AI and space company could make thousands of SpaceX employees significantly wealthier, including some of the firm's lowest-paid staff.

Euronews

China's control over indium phosphide exports threatens AI data centre rollout

Anderson's visit was partly to raise the issue of delays in China's export licenses involving the highly strategic material, essential in manufacturing high-speed optical chips for AI data centres, said three sources familiar with the matter.

The Economic Times

This California city just approved the use of Flock drones as first responders, but residents are worried about 'militarization and surveillance'

Stockton, California, just invested millions of dollars in Flock drones to act as first responders.

TechRadar

Dollar Recovers as Crude Surges and Stocks Slump

The dollar index (DXY00 ) on Wednesday rose by +0.06%. The dollar recovered from early losses on Wednesday and posted modest gains after crude oil prices surged. WTI crude rallied by more than 2% on Wednesday, boosting inflation expectations that could prompt the Fed to tighten monetary policy, a supportive...

Barchart

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The Economic Times

Fable 5: Anthropic's latest AI model could transform IT, but at a cost

Anthropic's Fable 5 AI model showcases advanced agentic coding, capable of autonomous complex task completion and outperforming benchmarks. While its power promises to transform IT operations, high compute costs and token consumption may hinder widespread adoption. Experts note its enterprise-grade nature, comparing it to a powerful but costly tool.

The Free Financial Advisor

Direct Express Card Failures Are Leaving Some Recipients Without Access to Funds

For millions of Americans who rely on federal benefits, payday is not just another date on the calendar. It is the day rent gets paid, groceries get purchased, and prescriptions get filled. That reality makes recent reports involving Direct Express card failures especially alarming for recipients who depend on every…

Barchart

Is Kraft Heinz Company Stock Underperforming the Dow?

Kraft Heinz stock has lagged behind the Dow over the past year, and analysts remain cautious about its prospects.

Barchart

Is Diamondback Energy Stock Outperforming the Nasdaq?

As Diamondback Energy has outpaced the broader Nasdaq Composite over the past year, Wall Street analysts remain strongly optimistic about the stock’s prospects.

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Saving Advice

The Small Subscription Charges That Add Up to Hundreds Each Year

It starts with a $4.99 streaming service, a $9.99 music app, or a $7.99 cloud storage plan. Individually, these charges seem harmless and barely register...

International Business Times

Stocks Again Drop After Trump Threatens To Further Escalates Hostilities With Iran

Stocks again dropped on Wednesday after Trump threatened to strike Iran "very hard."

The Economic Times

Bitcoin price drop alert: Why is CryptoQuant predicting BTC USD to bottom near $53,600 as demand is collapsing? Here's what crypto traders need to know

Bitcoin price crash prediction 2026: Bitcoin hovers near a potential floor of $53,600, its realized price, but current market data suggests the bottom is not yet in. Demand has weakened significantly across spot, futures, and institutional ETF markets, with no clear capitulation in realized losses observed, indicating further downside pressure…

Clever Dude

The Refund You’re Owed When a Price Drops After You Buy

Prices rarely stay still for long, especially during sales seasons, holiday promotions, and surprise flash deals. A shopper might buy a gadget on Monday and watch its price drop by Friday, which creates a frustrating feeling of missed savings. Many retailers and credit cards actually offer price protection programs that…

Fortune

A 5-week course and a guaranteed job: Meta commits $115 million to solve the skilled-trades shortage stalling its AI build-out

The investment is part of the company’s larger plan to spend $600 billion on its U.S. data center build-out by 2028.

InsideEVs

Tesla Apparently Won't Let Cybertruck Buyers Transfer FSD Without Spending Another $20k

Tesla's FSD transfer program terms changed and buyers of the new Cybertruck AWD trim found themselves being unable to move the software from their trade-in.

The Economic Times

Gold slides 3% as Middle East escalation fuels inflation, rate-hike concerns

Gold prices dropped over 3% as escalating U.S.-Iran tensions fueled inflation and interest rate hike fears. Investors awaited key U.S. data, including the Producer Price Index, to gauge the Federal Reserve's monetary policy. Despite recent consolidation, inflation and central bank buying continue to support gold.

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