Stock
Oil records its biggest one-month drop in six years, bringing consumers some relief
As May’s final day of oil trading closes, the price of crude posted its biggest one-month decline in six years,...
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MLB owners have proposed a salary cap for the first time since baseball’s 1994-95 strike
Major League Baseball owners made their long-expected salary cap proposal to the players’ association on Thursday, a system the union...
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Anthropic secures $965 billion valuation after raising $65 billion
Anthropic said Thursday it has raised $65 billion at a post-money valuation of $965 billion as it seeks to expand...
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In major shake-up, CBS replaces ‘60 Minutes’ executive producer with tech journalist
CBS News editor-in-chief Bari Weiss on Thursday replaced Tanya Simon, the executive producer of the network’s flagship newsmagazine “60 Minutes,”...
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$20 billion in tariff refunds paid so far, with more on the way
The Trump administration has refunded more than $20 billion in tariffs to importers and shippers so far, according to a...
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Key inflation gauge worsens as Americans’ incomes and spending power erode
A key inflation gauge accelerated in April to the highest level in three years, squeezing Americans’ finances and creating political...
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Caesars Entertainment, a Las Vegas Strip icon, is sold for $6 billion
Caesars Entertainment is being acquired for almost $6 billion by Fertitta, the company that owns Las Vegas’ Golden Nugget and...
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Gavin Newsom takes a populist turn on AI ahead of a possible 2028 presidential run
For years, California Gov. Gavin Newsom has reaped the benefits of Silicon Valley’s AI boom — in the form of...
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Red-hot AI demand pushes more companies into the $1 trillion club
Artificial intelligence euphoria hit a new level this week, as two chipmakers hit $1 trillion in stock market value. Driven...
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Australia sues 3M for $1.4B over ‘forever chemicals’ at defense bases
SYDNEY — The Australian government said Thursday that it had launched legal action against 3M over contamination from firefighting foam...
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