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GameStop says it raised $2.14 billion in share sale
GameStop Corp. said it raised around $2.14 billion in a share sale. Shares are dropping in premarket on Tuesday.
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‘I have a new lease on life’: I sold my business for $130,000. It’s the first time in my life I’m not living paycheck to paycheck. What should I do with this cash?
“I have $150,000 left on my mortgage with 7.3% interest.”
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Treasury yields little changed as traders await CPI data and Fed policy decision
Bond yields saw meagre moves as investors eschewed big bets before the May CPI report and the an update on monetary policy from the Federal Reserve.
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Gwyneth Paltrow is selling this show-stopping Brentwood estate for $30 million
The eight-bedroom, 11-bath estate includes a chef’s kitchen, wine cellar, estate manager’s office, gym, and game room and home theater.
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Biden officials say Americans have scored $1 billion in EV tax credits this year
Deputy Treasury Secretary Wally Adeyemo says the $1 billion figure represents a “major milestone in the administration’s work to lower transportation costs for Americans.”
11 de junho de 2024
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China’s consumer prices rise for fourth straight month
China’s consumer prices rose mildly in May, while factory-gate prices continued to fall, suggesting persistently tepid demand, as Beijing continues to try to lift lackluster consumption.
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Oracle’s cloud AI deals excite investors, but do they have long-term potential?
‘We do not believe these AI demand-driven partnerships will last forever,’ one analyst says.
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Nathan’s hot-dog eating champ Joey Chestnut is now promoting plant-based franks
The competitive-eating great is joining forces with plant-based meat company Impossible Foods — but he’s been banned from the Nathan’s Famous Fourth of July event as a result.
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Medical debt could disappear from credit reports. The problem is getting it to disappear where it really matters.
Unpaid medical bills will be wiped off credit reports under a proposed rule that’s a win for people trying to salvage their finances after health emergencies, the Biden administration said Tuesday.
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Elon Musk drops suit against OpenAI’s Sam Altman in latest chapter of AI saga
The dismissal comes a day after Musk criticized Apple for a partnership with OpenAI.
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WeWork emerges from bankruptcy, names John Santora its new CEO
WeWork said it had emerged from bankruptcy and named Cushman & Wakefield executive John Santora as its next chief executive officer.
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Why bond and stock markets are staying calm despite stormy Treasury yield swings
An interesting dynamic is unfolding in the U.S. bond and stock markets, which continue to reflect underlying calm even after recent swings in both directions on Treasury yields.
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Oracle’s stock soars as upbeat guidance, Google deal outweigh earnings miss
Oracle shares were shooting more than 9% higher in Tuesday’s extended session after the company delivered upbeat guidance that seemed to overshadow an earnings miss for the latest quarter.
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Paramount shares fall on report Redstone has ended merger talks with Skydance
Shares of Paramount Global slid on Tuesday following a report that merger talks had ended between Shari Redstone’s National Amusements and Skydance Media.
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Former Trump housing official sees potential for building homes on public land in a second term
Two experts on housing from different sides of the aisle clashed Tuesday over what a second Trump administration could mean for Americans dealing with the tough market for home buyers.
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Can U.S. energy industry keep up with thirst for electricity? Trade group has concerns.
With AI use projected to push consumption higher, former Energy Secretary Dan Brouillette said the energy sector’s struggle to meet demand should be a “red flag” for Americans.
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Apple Intelligence today is like seeing the first iPhone back in 2007. You know great things are coming.
If you had judged the iPhone based on the original product, you would have missed the entire vision.
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Fed’s rate-cut path in 2024 is a ‘very close call’ as market awaits Powell’s guidance
Markets are gearing up for a big day on the U.S. economic calendar.
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Virgin Galactic shares skyrocket, on pace for biggest gain in 2 weeks
The space-tourism company’s stock rallied Tuesday after ending Monday’s session down more than 5%.
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GM cuts EV production outlook but stresses that demand remains strong
Shares of General Motors Co. were trading at more than a two-year high but pared earlier gains after the automaker cut its full-year outlook for electric-vehicle production.
