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The Latest Breaking News on Business

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.

InsideEVs

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.

The Economic Times

Exelon Stock: Is EXC Underperforming the Utilities Sector?

Exelon has underperformed the utilities sector, and analysts remain unsure about the stock’s outlook.

Barchart

From analysis to the latest developments in health,
read the most diverse news in one place.

Is Consolidated Edison Stock Underperforming the S&P 500?

Consolidated Edison posted steady but slower gains. However, broader markets are outpacing it amid mixed performance and returns.

Barchart

8 Reasons Your Car Insurance Went Up Through No Fault of Yours

Opening an insurance renewal notice and spotting a higher premium can feel like a punch to the wallet. Many drivers assume an accident, speeding ticket, or claim caused the increase. In reality, insurers often raise rates for reasons that have little or nothing to do with an individual driver’s behavior.

Clever Dude

The 12 Worst Cars for Retirees Who Want To Travel and Downsize

Auto expert Chris Pyle identifies 12 worst cars for retirees including Jeep Wrangler, Lincoln Nautilus, new trucks, Tesla and Rivian due to repair costs and depreciation.

GOBankingRates

Fewer Than 4 In 10 Americans Are Not Worried About AI Replacing The Job Of Someone In Their Household: Poll

More than half of Americans surveyed in a recent poll said they are afraid that AI could lead people in their household to lose their jobs.

International Business Times

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Synchrony’s Comeback Is Hiding in Plain Sight

Synchrony Financial stock benefits from improving credit trends, strong earnings, and shareholder returns, though risks remain tied to economic cycles.

MarketBeat

US inflation hits three-year high at 4.2% in May amid high energy prices

America's consumer prices surged in May, reaching their highest in three years. This jump, fueled by rising gasoline costs due to Middle East conflict, gives the Federal Reserve reason to hold interest rates steady. Inflation is outpacing wages, impacting household finances. This economic trend presents challenges for President Donald Trump's…

The Economic Times

Elon Musk's xAI and SpaceX Hit With Massive Lawsuit As 10,000 Residents Complain Of Losing 'Fundamental Peace'

Mississippi residents have filed a lawsuit against Elon Musk's xAI and SpaceX, claiming noise from a power plant has harmed their well-being and property values.

International Business Times UK

Chrysler Recalls America’s Only Plug-In Hybrid Minivan, Tells Owners To Park Outside

The automaker is advising Pacifica Plug-in Hybrid owners to refrain from charging their cars, as it could lead to a battery fire.

InsideEVs

Think Musk the billionaire was bad? Brace yourself for Musk the trillionaire

Becoming the world’s first trillionaire is only going to supercharge this sense of impunity and bring us one step closer to full-blown oligarchy

The Guardian - US

I Asked ChatGPT How Retirees Can Generate $2K Monthly in Passive Income in 2026: Here’s What It Recommended

ChatGPT breaks down how retirees generate $2,000 monthly passive income in 2026 from dividends, bonds, REITs, rentals and annuities with capital needed.

GOBankingRates

Paramount Accuses Netflix of 'Scorched-Earth Campaign' as California Prepares to Block the $110 Billion Deal

Paramount accuses Netflix of trying to poison regulators against its $110 billion Warner Bros. Discovery takeover as California-led states prepare a lawsuit to block the deal.

International Business Times UK

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The Economic Times

Salesforce layoffs: Employees from Agentforce AI, Mulesoft IT teams handed pink slips

The enterprise software company has undertaken a fresh round of layoffs, affecting employees working on its Agentforce AI product, Mulesoft IT integration tool, and Marketing Cloud software, according to Business Insider.

Tom’s Hardware

Taiwan weighs criminal ban on AI chip exports to all of China — stricter measures beyond blacklisted firms would make smuggling servers a crime

Taiwan is considering far stricter export controls that would restrict AI chip sales to every customer in China.

The Economic Times

Gold drops as oil climbs on renewed US-Iran hostilities

Gold prices dropped over 1% as rising oil prices, fueled by renewed U.S.-Iran hostilities, heightened inflation and interest rate hike concerns. Traders are now pricing in a high probability of a Federal Reserve rate increase by December. Key U.S. inflation reports are anticipated this week.

The Economic Times

Oil Price Today (June 10): Crude oil rises to $92 as Iran attacks US airbases in Jordan, Kuwait. What’s next?

Oil prices rebounded approximately 1% on Wednesday, recovering from a seven-week low. Fresh Iranian responses to U.S. military strikes, including missile firings at a Jordanian airbase, have reignited tensions and impacted peace hopes. The ongoing disruptions in the Strait of Hormuz and declining U.S. crude inventories are also contributing to…

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Kiplinger

How to Manage Your Qualified Dividends in 2026

You're never going to avoid paying taxes completely, but knowing how to manage your dividend income can help reduce what you pay to Uncle Sam each year.

Barchart

Oracle Stock Is Careening Toward Earnings with a Heavy $100 Billion Weight on Its Back

Oracle is heading into earnings under pressure, with a $100 billion capital spending outlook and heightened investor scrutiny shaping sentiment.

Saving Advice

The Retirement Budget Stress Test: Can Your Finances Handle a Major Appliance Failure?

Many retirees spend years preparing for medical expenses, inflation, and market downturns, yet one of the most common financial surprises is much closer to home....

Fortune

America’s grid is reeling. General Motors offers itself as a distributed utility in disguise

As AI data centers strain the grid, GM wants to turn its EVs and batteries into a solution. Ford has a simpler plan—and the two Detroit rivals are betting on very different futures.

Fortune

Tesla cofounder: ‘We should be really worried’ about the U.S. grid as China speeds ahead in the power race

The U.S. must build much more power, storage, and better utilize the existing grid in order to keep the AI boom moving at pace, said Tesla cofounder and Redwood Materials boss JB Staubel at the Fortune Brainstorm Tech conference.

Barchart

MicroStrategy Is Buying the Bitcoin Dip. Why Investors Are Turning Course and Suddenly Rewarding MSTR Stock.

Strategy just silenced the doubters. After a brief Bitcoin sale sparked fears, the company is back buying the dip, and investors are cheering MSTR stock again.

InsideEVs

General Motors Is Bringing Sodium-Ion Battery Production To America

After LFP and LMR, the automaker is betting on yet another battery chemistry type.

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