Photo: Spencer Platt (Getty Images) U.S. stocks plummeted on Friday on poor economic news. Consumer confidence weakened to the lowest level since November 2023, even as long-run inflation expectations rose…
(Bloomberg) -- Shares of MercadoLibre Inc. rallied after the Latin American e-commerce and fintech giant’s profit far surpassed estimates. Most Read from Bloomberg Net income in the fourth quarter was…
Each quarter, investors anxiously await the release of Berkshire Hathaway's (NYSE: BRK.A) (NYSE: BRK.B) 13F filing. The Securities and Exchange Commission (SEC) requires most large funds to disclose what stocks…
(Bloomberg) -- Startup Together AI, which provides users access to artificial intelligence computing, has raised $305 million from investors in deal led by General Catalyst, bringing the valuation of the…
The White House is tightening its control over how the Federal Reserve regulates big banks as part of a new executive order that gives President Donald Trump's appointees more power…
The rumor mill is spinning overtime on struggling Intel (INTC) as the tech icon looks at ways to create shareholder value. Chip rivals Taiwan Semiconductor (TSM) and Broadcom (AVGO) are…
A quartet of key stocks led by UnitedHealth Group dragged on the Dow to start the holiday-shortened week.The Dow was down 65 points, or 0.2%, shortly after the market opened…
Tech giants are dumping mountains of cash into artificial intelligence (AI) data centers. Microsoft plans to spend $80 billion this year to expand its AI capacity. Amazon is boosting its…
By Paul Carsten LONDON (Reuters) - Oil extended gains on Tuesday after a drone attack on an oil pipeline pumping station in Russia reduced flows from Kazakhstan, though prices were…
Over the past decade, more CFOs have moved into CEO roles as the position evolves to include greater strategic and leadership responsibilities. This trend reflects a growing demand for executives…