Economy

Cristiano Amon, president and CEO of Qualcomm, speaks during the Milken Institute Global Conference on May 2, 2022, in Beverly Hills, Calif.Patrick T. Fallon | AFP | Getty ImagesQualcomm and Meta will enable the social networking company’s new large language model, Llama 2, to run on Qualcomm chips on phones and PCs starting in 2024,… […]

Novartis shares jumped on Tuesday after the Swiss drugmaker raised its full-year guidance on strong drug sales and announced a $15 billion share buyback. The company made both announcements as it reported second-quarter earnings, which topped Wall Street’s expectations.The share buybacks will go to the end of 2025, Novartis said. The company, which is sitting on… […]

When it comes to being rich, location matters.That’s because the amount of income you need to be in the top 1% of earners can vary by more than a half million dollars depending on which U.S. state you live in, according to a new analysis by personal finance website SmartAsset, which analyzed 2020 IRS data,… […]

Satya Nadella, CEO of Microsoft, speaks during an interview in Redmond, Washington, March 15, 2023.Bloomberg | Bloomberg | Getty ImagesMicrosoft shares rose as much as 5.8% Tuesday after the company announced a new artificial intelligence subscription service for Microsoft 365. The company will charge users an additional $30 per month for the use of generative… […]

New cars of various brands are parked for export on the parking of a car terminal at the harbour of Duisburg, western Germany, on August 7, 2024. Ina Fassbender | Afp | Getty Images Germany’s car industry was once recognized around the world for its high-quality, innovative internal combustion engine cars. Owning a German car […]

Treasury yields fell Friday after August’s nonfarm payrolls report showed an easing labor market, fueling concerns of an economic slowdown. The yield on the 10-year Treasury was 1 basis point lower at 3.723%. The 2-year Treasury yield dropped 9 basis points to 3.665%. Yields and prices move in opposite directions. One basis point is equivalent […]

A little-known suburb outside Columbus, Ohio, is the most in-demand real estate market in the U.S. for the second year in a rowaccording to a recent Realtor.com study. Gahanna, Ohio, ranked as the “hottest” ZIP code out of the 29,000 analyzed throughout the country in 2024, based on how often listings were viewed on Realtor.com, as […]

Christopher Waller, governor of the US Federal Reserve, during a Fed Listens event in Washington, DC, US, on Friday, March 22, 2024. A trio of central bank decisions this week sent a clear message to markets that officials are preparing to loosen monetary policy, reigniting investor appetite for risk. Bloomberg | Bloomberg | Getty Images […]

The National Football League kicks off its first-ever game in South America on Friday night, as the league pushes to grow its footprint overseas. As the NFL enters the Southern Hemisphere, professional football has never been stronger financially. Last season, the league pulled in $13 billion in revenue, and the average team is worth about […]

Hunter Biden (L), son of US President Joe Biden, and his wife Melissa Cohen, leave court after his guilty plea in his trail on tax evasion in Los Angeles, California, on September 5, 2024. Robyn Beck | Afp | Getty Images Hunter Biden pleaded guilty to all nine counts in his criminal tax case in […]