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The Latest Breaking News on Business

Trump threatens tariffs on 60 trading partners including UK and Canada over ‘forced labour’

Proposal for 10-12.5% levies, to also include EU, Taiwan and Australia, would allow US president to skirt court-imposed limits

The Guardian - UK

Anthropic surges as OpenAI struggles to keep up

Stock market filing illustrates AI company’s meteoric rise, while California’s tech billionaires pour cash into elections

The Guardian - US

Iran War has cost U.S. families $100 billion between increased military funding and higher oil prices, finds Moody's

"With the saving rate about as low as it ever goes ... [consumers] will have little choice but to rein in their spending, weighing further on the already sagging economy."

Fortune

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Wiped Out by AI: How Oracle's Record-Breaking Profits Cost 30,000 Departing Workers Their Severance and Stock

Oracle Corp is executing its largest downsizing, cutting 30,000 jobs to fund AI expansion, despite strong financial results driven by cloud and AI growth.

International Business Times UK

Global smartphone market faces record annual decline as chip crunch worsens

The global smartphone market faces its biggest annual drop ever. Shipments are expected to fall by nearly 14 percent this year. This is due to a severe shortage of memory chips. The impact is hitting budget phones the hardest. Makers are shifting production to more profitable chips. This makes cheaper…

The Economic Times

Berkshire Hathaway Agrees to Buy Taylor Morrison for $6.8 Billion. What This Means for TMHC Shareholders.

Berkshire Hathaway has agreed to acquire Taylor Morrison Home Corporation in an all-cash deal valued at $6.8 billion, offering $72.50 per share, a 24% premium to the prior closing price.

Barchart

Nvidia, SLB, Amazon, and Meta are the top companies adopting AI, but that doesn't mean they're seeing the benefits

The biggest AI investors are still struggling to deliver real ROI from artificial intelligence – smaller companies could struggle more.

TechRadar

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Dell Is the General Contractor of the Next Wave of the AI Buildout. DELL Stock Is Set to Win.

Dell's phenomenal Q1 earnings report reveals a tectonic shift in the AI market. As the ultimate "general contractor" of the new AI buildout wave, Dell is positioned to capitalize on infrastructure spending beyond Big Tech.

Barchart

Is Waste Management Stock Underperforming the Nasdaq?

Although Waste Management has considerably underperformed the Nasdaq recently, analysts remain moderately optimistic about the stock’s prospects.

Barchart

SK hynix to double memory wafer capacity within five years, chairman says — AI-driven shortage will persist until at least 2030

SK hynix will double its memory wafer capacity within five years, SK Group chairman Chey Tae-won told reporters at Computex in Taipei on June 2nd.

Tom’s Hardware

Ohio suspends data center tax breaks after losing $1.5 billion in revenue – but ongoing projects will still get the benefits

Ohio State Governor puts a pause on data center tax exemptions as lawmakers review the losses, which were higher than projected.

TechRadar

GitLab Q1 Earnings Call Highlights

GitLab (NASDAQ:GTLB) reported first-quarter fiscal 2027 revenue of $264 million, up 23% year over year, as executives pointed to enterprise demand, growth in dedicated deployments and early traction for its agentic AI products. Chief Executive Bill Staples said the quarter reinforced management’s v

MarketBeat

Nvidia CEO Jensen Huang Is Building the Future Faster Than Infrastructure Can Support It

Nvidia is accelerating AI innovation at an increasingly rapid rate, but memory shortages, rising power demands, and infrastructure constraints may make it difficult for the rest of the industry to keep pace.

Barchart

Dell Stock Is the New Nvidia of AI Infrastructure

Dell’s AI server boom is transforming the company from a PC maker into one of the market’s hottest AI infrastructure plays.

Barchart

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The Free Financial Advisor

Refunds Are Being Frozen Over a New IRS Identity Flag — And It’s Happening to More Filers Than Ever

Tax season used to feel like a simple countdown to a refund check landing in the bank account. That expectation now collides with a growing IRS identity flag system that halts refunds without warning. Many filers now see their refunds placed on hold while the agency runs additional identity checks.…

Barchart

Is Mondelez International Stock Underperforming the Dow?

Mondelez International has underperformed the Dow over the past year, but analysts are moderately optimistic about the stock’s prospects.

The Independent UK

Five high-paying careers that aren’t worth it, according to experts

‘Your career should serve your life, not replace it,’ one expert said

Everybody Loves Your Money

10 Things Around Your Home That Could Cost You Thousands When You Sell

Selling a home often feels like the finish line after years of mortgage payments, repairs, and upkeep. Many homeowners expect buyers to focus on square footage, location, and curb appeal, but buyers also notice problems that signal future expenses. Small issues that seem harmless today can quickly become major negotiation…

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news in one place.

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Everybody Loves Your Money

10 Things Realtors Secretly Critique Every Time They Enter a House

A realtor can gather a surprising amount of information within seconds of stepping through a front door. Years of touring homes, evaluating property values, and working with buyers train real estate professionals to notice details that most homeowners overlook. While guests may focus on décor or furniture, realtors often scan…

The Free Financial Advisor

Millions of Americans Miss This June Tax Deadline Every Year — And Pay a Penalty for It

Tax season may feel like ancient history once April passes, but the Internal Revenue Service still has another important date waiting on the calendar. Every June, millions of Americans face a tax deadline that receives far less attention than Tax Day. Unfortunately, many taxpayers do not realize it exists until…

The Economic Times

Microsoft showcases new PC, cloud AI tools at developer conference

Microsoft's Build conference showcased the new Surface RTX Spark Dev Box. This powerful machine features an Nvidia chip, promising to bring advanced AI directly to personal computers. Microsoft aims to enhance AI safety for its Windows users and compete with rivals in the cloud and PC markets.

Grocery Coupon Guide

Rebate Reality: Why Digital Rebates Are Taking Longer to Process in 2026

Digital rebates are a fantastic way to get cash back on your groceries but they can be slow this year. Many shoppers are noticing that their refund requests are taking much longer to process than in previous years. This delay is frustrating when you are counting on that money to…

MarketBeat

Kohl's Stock Soars After Better-Than-Feared Quarter

Kohl's delivered its strongest comparable sales performance in four years, but investors still have reason to be cautious about the retailer.

The Independent UK

Short seller convicted of fraud after boasting ‘it’s like taking candy from a baby’

The investor took to social media after the verdict, writing, ‘This is not over’

AAP

Wall St ends higher as AI zeal betters Mideast jitters

US stocks closed modestly higher, with enthusiasm for AI overcoming jitters about tensions in the Middle East.

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