Economy

From 2020 to 2022, I split my time between two rentals: a one-bedroom apartment in New York City and a tiny home in Santa Monica, California.But one day, I decided I needed a change. My stepfather had passed away, and I was going through a breakup. These losses shifted my perspective, and realigning my life… […]

Planes are seen on the tarmac as people wait for their flight reschedule inside of the Newark International Airport on June 27, 2023 in Newark, New Jersey. Kena Betancur | Getty Images News | Getty ImagesUnited Airlines’ CEO Scott Kirby said that without more gates the airline will have to reduce or change schedules to handle… […]

A gantry crane stands in the DP World Ltd. terminal at Port Metro Vancouver in Vancouver, British Columbia, Canada, on Wednesday, Sept. 19, 2018.Darryl Dyck | Bloomberg | Getty ImagesA union representing port workers in Western Canada officially began striking, an action that could have ripple effects reaching beyond the U.S.’s northern neighbor.The International Longshore… […]

WisdomTree is attempting to launch a spot bitcoin exchange-traded fund even though its peers have failed.The firm filed with the U.S. Securities and Exchange Commission last week, making it its second bitcoin ETF application after an initial rejection two years ago.However, WisdomTree’s Jeremy Schwartz believes this time could be different. “We’ve been able to successfully launch… […]

Mike Intrator, co-founder and CEO of CoreWeave, testifies during a U.S. Senate Commerce Committee hearing on artificial intelligence in Washington on May 8, 2025. Brendan Smialowski | Afp | Getty Images Artificial intelligence infrastructure provider CoreWeave reported better-than-expected revenue on Wednesday in the company’s first earnings release since going public. CoreWeave also called for faster […]

An Amazon device is displayed at an Amazon Devices launch event in New York City on Feb. 26, 2025. Brendan McDermid | Reuters Amazon is laying off roughly 100 employees in its devices and services division, the company confirmed Wednesday. The devices and services unit includes a wide range of businessessuch as the Alexa voice […]

Cisco Chairman and CEO Chuck Robbins speaks at a keynote address at the Cisco Live! conference in Las Vegas on June 7, 2023. Ethan Miller | Getty Images Entertainment | Getty Images Cisco reported earnings and revenue that topped analysts’ estimates on Wednesday and issued guidance that also exceeded Wall Street’s predictions. Here’s how the […]

Jonathan Raa | Nurphoto | Getty Images The Grok chatbot from Elon Musk’s xAI startup is responding to user queries with unrelated comments about the controversial topic of “white genocide” and South Africa. CNBC on Wednesday found numerous instances of Grok discussing the topic in response to unrelated user prompts. Screenshots of examples were also […]

A scene from season 3 of The White Lotus.” Source: HBO | Warner Bros. HBO became HBO Max, and then it became Max. Now, it will be HBO Max once more. Warner Bros. Discovery is renaming its streaming platform again starting this summer, restoring a name it ditched just two years ago. The company announced […]

Pfizer COVID-19 vaccine. Courtesy: Pfizer The Food and Drug Administration on Thursday approved updated Covid vaccines from Pfizer and Modern putting the new shots on track to reach most Americans in the coming days amid a summer surge of the virus. The jabs target a strain called KP.2, a descendant of the highly contagious omicron […]