Economy
AT&T CEO explains why AT&T can withstand satellite competition
There are only a handful of industries in America where the infrastructure advantage is so deeply embedded that new competitors,...
Anthropic spills the beans on reality of AI, jobs, and the economy
Peter McCrory spent 18 months reviewing Bureau of Labor Statistics data, occupation-level unemployment figures, and Anthropic's own internal research on...
Rising inflation turns July Fed meeting into rate-hike showdown
The Federal Reserve’s July 28-29 policymaking meeting on interest rates was, frankly, expected to be a snooze fest just a...
Korea’s chipmakers prepare big U.S. deals in Silicon Valley
Samsung Electronics and SK Hynix are preparing to unveil major supply agreements with American technology companies during President Lee Jae...
Morgan Stanley strongly resets GE Vernova stock target
GE Vernova (GEV) told investors on July 22 that it plans to build more gas turbines than it had ever...
Nvidia stock is doing something it hasn’t done in years
Nvidia (NVDA) has spent the last three years as the loudest success story in the stock market. Its climb turned...
Global apparel company sells lingerie brand after sales declines
A global apparel company, continuing a yearslong strategy of streamlining its portfolio, is selling off one of its luxury lingerie...
Peter Schiff sees something big in gold and silver
Every market has a job.The bond market's job is to price what a dollar will be worth years from now....
Wall Street’s AI trade faces its biggest valuation test
Alphabet just reported the strongest quarter in Google Cloud's history. Revenue came in at $119.8 billion, up 24% year over...
Amazon stock slides as Prime Day data reveals shopper shift ahead of earnings
Amazon created Prime Day to reward its most loyal shoppers.More than a decade later, the event has grown far beyond...
