Finance News & Latest Business Headlines

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  Weekly jobless claims rise to highest level since August
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USA TODAY3 hours ago
Zombie colleges? These universities are living another life online, and no one can say why
USA TODAY found at least nine colleges that closed down only to be resurrected online. Their operators are a mystery but they're taking applications.
Reuters50 minutes ago
Robinhood shares gain as retail trading rebound powers record quarter
(Reuters) -Robinhood Markets rose in morning trade on Thursday after reporting record first-quarter revenue and profit thanks to mom-and-pop investors returning to its commissi…
Yahoo Finance24 minutes ago
Warner Bros. Discovery 'hopeful' for NBA deal as earnings miss estimates amid linear TV struggles
Warner Bros. Discovery reported first quarter earnings before the bell on Thursday. Here's what to know.
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Business Insider4 hours ago
Tesla cuts all but 3 of its 3,400 listed jobs in North America
The EV maker cut more than 3,400 job postings in North America — but it's still listing some open roles on LinkedIn.
Reuters4 hours ago
Too many tractors: As boom times fade, farm equipment piles up
Falling crop prices are leaving agriculture equipment sellers with an excess of unsold tractors and combines. The slower equipment sales are a knock-on effect of corn and soy p…
Yahoo Finance4 hours ago
Big Tech is embracing a hallmark of pre-internet stocks
The tech world's new push for investor returns is changing what a dividend company looks like.
Moneywise4 hours ago
'It's a terrible mistake': Warren Buffett warns you 'shouldn't own stocks' if this 1 specific trait applies to you — here's what it is and how it can stop you from getting rich
The renowned investor takes a unique approach to the market.
Business Insider4 hours ago
Who could make up Trump's Cabinet? Here are the billionaires and other leaders that could rise to power if he wins a 2nd term
Donald Trump has said he's learned his lesson from assembling his first government. His second team could be far different.
CNN Business16 minutes ago
Baidu PR chief who sparked PR nightmare over workplace culture is out, state media reports
The PR chief of Baidu has reportedly left the Chinese search engine just days after she sparked a public relations crisis with controversial comments endorsing a tough workplac…
Reuters7 minutes ago
US Supreme Court rules against Warner Music in copyright damages case
The 6-3 ruling, authored by liberal Justice Elena Kagan, affirmed a lower court's decision that favored producer Sherman Nealy, who sued a Warner subsidiary and others in Flori…
Yahoo Finance35 minutes ago
Real estate brokerages seek final approval of landmark settlements with home buyers
Keller Williams, RE/MAX and Realogy hope to finalize three settlements amounting to $208 million that promise dramatic changes to real estate commissions across the US.
Yahoo Finance53 minutes ago
Recession-proof stocks are leading the market's latest leg higher
The utilities and consumer staples sectors have popped since mid-April as investors search for value.
Business Insider21 minutes ago
Stock market today: Indexes mixed as jobless claims jump to highest since August
Stock futures pared some losses heading into the opening bell as the market digested the latest jobless claims data.
Business Insider37 minutes ago
Cybertruck owner says he got stitches after the edge of the door clipped his leg
Tesla warns Cybertruck owners to "use caution around the panel edges" of the angular design.
Moneywise3 hours ago
'Social Security is broke beyond belief': This Boston University economist warned the government safety net is full of holes — here's how to make sure you stay afloat in retirement
Americans shouldn't plan to rely on the strained program, the professor says.
Business Insider33 minutes ago
Donald Trump spends day off from his hush-money trial attacking Biden's crypto knowledge and pushing mugshot NFTs
Donald Trump hosted supporters who bought NFTs from his "Mugshot Edition" collection at a dinner in Mar-a-Lago, Axios reported.
Business Insider4 hours ago
Corporate America got woke. Now it's having second thoughts.
Companies were eager to undertake ESG and DEI efforts a few years ago. Now, their talk and actions are changing.
Business Insider2 hours ago
4 flight attendants smuggled millions in drug money out of the US using the crewmember lane at JFK, prosecutors say
Four flight attendants smuggled millions of dollars in drug money using their 'Known Crewmember' status to bypass airport security, authorities said.
Reuters1 hour ago
Drugmaker Abbott India posts Q4 profit rise on higher sales
Indian drugmaker Abbott India reported a 24% rise in fourth-quarter profit on Thursday, as strong sales outpaced the impact of government pricing caps on certain medicines. Rev…
Business Insider37 minutes ago
I drove Hyundai's best-selling SUV and found it's a perfect hybrid for people who don't like hybrids
The 2024 Hyundai Tucson Hybrid is a stylish, comfortable, high-tech compact SUV. It rivals hybrid versions of the Toyota RAV4 and Honda CR-V.
Business Insider4 hours ago
A 63-year-old peak boomer said she 'can't even think about retiring' despite having a master's degree and working two jobs
Cathy, a 63-year-old clerical worker in Minnesota, fears she may never be able to fully retire, even though she's worked her entire life.
Moneywise4 hours ago
You're golden: Having a good credit score matters even after you retire — here's why
Is your score better than average? Keep it up.
Business Insider56 minutes ago
ChatGPT's answers might soon be NSFW as OpenAI opens the door to AI porn
The recent Model Spec document could signal an end to a longstanding ban on adult content on OpenAI's chatbot.
Reuters23 minutes ago
Republican attorneys general sue to stop EPA's carbon rule
A group of 25 Republican state attorneys general sued the U.S. Environmental Protection Agency on Thursday, seeking to block a landmark rule requiring sweeping reductions in ca…
Business Insider56 minutes ago
Gen Z is bringing back digital cameras and the post-night-out photo dump
Curated social media feeds are out and real, messy photos capturing candid moments are in as Zoomers bring back digital cameras.
Fortune1 minute ago
Europeans need to get more productive, Sweden’s central bank boss says. But that doesn’t mean Americans work harder
Erik Thedéen says productivity is better in the U.S., but the solution isn't down to more industrious workers.
Fortune1 minute ago
Exclusive: An early Stripe employee raises $5 million to launch an alternative to ‘patriarchal’ fintech apps that let only one person manage a couple’s money
Emily Luk and Channing Allen are the married cofounders behind Plenty.
Business Insider3 hours ago
I was a tech DINK. Our double income helped me quit my 9-to-5 — but now the glory days are over.
Natalie Fischer was a data analyst earning over $100k. Being a tech DINK with no kids helped her travel, buy a home, and eventually quit her 9-to-5.
CNN Business2 hours ago
Neuralink’s first brain chip implant developed a problem — but there was a workaround
The first test subject for Neuralink, Elon Musk’s brain-chip implant startup, has developed a problem just a few weeks after it was inserted.
Fox Business46 minutes ago
Fed Chairman Powell finds lowering rates too easy to swallow
Fed Chairman Powell made some of the right moves, but failed the delayed gratification test and signaled that he would lower rates. Why? He bowed to political pressure, of cour…
Reuters3 hours ago
Roblox cuts annual bookings forecast on muted player spending
Roblox cut its annual bookings forecast on Thursday, in a sign that people were dialing back on spending within its video-gaming platform amid an uncertain economic outlook and…
Fortune1 minute ago
Gen Z workers love to ‘yap’ and bosses should think twice about shutting them up
America's youngest workers are yearning to connect and their chit chat could be great for collaboration and office culture.
Business Insider3 hours ago
Exiled Saudi colonel says forces were authorized to kill villagers who refused to make way for The Line in Neom
Rabih Alenezi told BBC News he was ordered to evict people living on the land to make way for part of The Line, one of Neom's megaprojects.
Business Insider2 hours ago
American Airlines is flying 70 World War II veterans to France for the 80th anniversary of the D-Day landings
70 World War II veterans will be flown on a Boeing 787 to Paris, 80 years since D-Day. Delta is also flying veterans direct to Normandy.

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Weekly jobless claims rise to highest level since August

7 stocks to watch today: Airbnb, Disney, Robinhood and more

Bank of England holds rates, stresses June cut depends on coming data

Chinese chip maker SMIC says revenue up 20% as clients restock

Air India Express cancels scores of flights after about 100 cabin crew call in sick

What marijuana reclassification means for the US cannabis industry

Zombie colleges? These universities are living another life online, and no one can say why

Robinhood shares gain as retail trading rebound powers record quarter

Warner Bros. Discovery 'hopeful' for NBA deal as earnings miss estimates amid linear TV struggles

Tesla cuts all but 3 of its 3,400 listed jobs in North America

Too many tractors: As boom times fade, farm equipment piles up

Big Tech is embracing a hallmark of pre-internet stocks

'It's a terrible mistake': Warren Buffett warns you 'shouldn't own stocks' if this 1 specific trait applies to you — here's what it is and how it can stop you from getting rich

Who could make up Trump's Cabinet? Here are the billionaires and other leaders that could rise to power if he wins a 2nd term

Baidu PR chief who sparked PR nightmare over workplace culture is out, state media reports

US Supreme Court rules against Warner Music in copyright damages case

Real estate brokerages seek final approval of landmark settlements with home buyers

Recession-proof stocks are leading the market's latest leg higher

Stock market today: Indexes mixed as jobless claims jump to highest since August

Cybertruck owner says he got stitches after the edge of the door clipped his leg

'Social Security is broke beyond belief': This Boston University economist warned the government safety net is full of holes — here's how to make sure you stay afloat in retirement

Donald Trump spends day off from his hush-money trial attacking Biden's crypto knowledge and pushing mugshot NFTs

Corporate America got woke. Now it's having second thoughts.

4 flight attendants smuggled millions in drug money out of the US using the crewmember lane at JFK, prosecutors say

Drugmaker Abbott India posts Q4 profit rise on higher sales

I drove Hyundai's best-selling SUV and found it's a perfect hybrid for people who don't like hybrids

A 63-year-old peak boomer said she 'can't even think about retiring' despite having a master's degree and working two jobs

You're golden: Having a good credit score matters even after you retire — here's why

ChatGPT's answers might soon be NSFW as OpenAI opens the door to AI porn

Republican attorneys general sue to stop EPA's carbon rule

Gen Z is bringing back digital cameras and the post-night-out photo dump

Europeans need to get more productive, Sweden’s central bank boss says. But that doesn’t mean Americans work harder

Exclusive: An early Stripe employee raises $5 million to launch an alternative to ‘patriarchal’ fintech apps that let only one person manage a couple’s money

I was a tech DINK. Our double income helped me quit my 9-to-5 — but now the glory days are over.

Neuralink’s first brain chip implant developed a problem — but there was a workaround

Fed Chairman Powell finds lowering rates too easy to swallow

Roblox cuts annual bookings forecast on muted player spending

Gen Z workers love to ‘yap’ and bosses should think twice about shutting them up

Exiled Saudi colonel says forces were authorized to kill villagers who refused to make way for The Line in Neom

American Airlines is flying 70 World War II veterans to France for the 80th anniversary of the D-Day landings

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The 10 golden rules of investing everyone should follow

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New storms pummel the South as a week of deadly weather marches on

Close to 60 million at risk of severe weather in southern US on Thursday