Biden to sign bill boosting China competition and U.S. chip production
The Chips and Science Act includes more than $52 billion in funding for U.S. companies producing computer chips, among other provisions.
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Uber reports another big loss but beats on revenue, shares pop 19%
Uber reported a second quarter loss on Tuesday but beat analyst estimates for revenue.
Fed's Daly says 'our work is far from done' on inflation; Evans sees 'reasonable' chance for smaller hike
The Federal Reserve still has a lot of work to do before it gets inflation under control, San Francisco Fed President Mary Daly said Tuesday.
Job openings fell sharply in June as labor market shows signs of slowing
Job openings plunged in June to their lowest level since September 2021 in a potential sign that a historically tight labor market is starting to loosen.
Biden names team to manage U.S. monkeypox response as outbreak grows
Biden appointed Robert Fenton, an administrator with the Federal Emergency Management Agency, as the head of U.S. efforts to quash the monkeypox outbreak.
Stocks making the biggest moves in the premarket: Caterpillar, Uber, Pinterest and more
The stocks making the biggest moves in premarket trading include Caterpillar, Uber, Pinterest, and more.
VMware veteran takes helm of pre-IPO software company Cohesity, though market debut is on hold
Sanjay Poonen, who spent eight years as a VMware executive, said Cohesity is positioned to pick up business as it faces incumbents such as Dell.
Pinterest climbs on user numbers and Elliott investment even as financials disappoint
Pinterest shares jumped after the company's user numbers surpassed analysts' estimates in a gloomy quarter for social media.
Home prices cooled at a record pace in June, according to housing data firm
Home price gains are cooling fast, as demand wanes and still-tight supply builds.
Ford stock notches its best month since the Great Recession — and keeps rising
The stock advanced 32% in July, marking the best monthly percentage gain for Ford's shares since a 127.4% surge in April 2009.
Treasury yields fall to start August on signs that inflation may be cooling
U.S. Treasury yields rose on Monday to begin August as investors continue to assess the prospects for an economic recession.
Amazon emissions increased 18% last year as Covid drove online shopping surge
The wave of demand pushed Amazon to expand its logistics network, and it rapidly grew its warehouse footprint to process more orders.
Senate won't vote on tech antitrust bill before summer recess, Klobuchar says
The bill's proponents fear the longer it takes to put the bill to a vote, the more time tech lobbyists will have to sow seeds of doubt in lawmakers' minds.
PepsiCo takes $550 million stake in energy drink maker Celsius
PepsiCo announced Monday a $550 million investment in energy drink maker Celsius Holdings as part of a long-term distribution deal with the smaller company.
Man accused of duping Secret Service by posing as Homeland Security agent pleads guilty
Authorities said multiple Secret Service agents, including one who protected Jill Biden, wife of President Joe Biden, were duped in the scheme.
Watch now: ETF Edge on investors favoring defensive products... but thirsting for single-stock ETFs
The federal government had expected $114 billion income on student loans. But it could lose $197 billion, watchdog finds
The U.S. Department of Education is expected to lose $197 billion from federal student loans made over the last 25 years.
Amazon launches same-day delivery from some brick-and-mortar retail brands
Prime members in select cities can now get items from GNC and apparel brands PacSun, Diesel and Superdry delivered to their doorstep in a few hours.
Unrelenting inflation is driving up costs, leaving more Americans living paycheck to paycheck
With no break in sight for rising prices, even wealthier Americans are feeling financially strained.
Someone in Illinois won the $1.337 billion Mega Millions jackpot—the third-largest lottery prize in U.S. history
Lottery officials say a ticket bought in Illinois matches the winning numbers for the Mega Millions' $1.337 billion jackpot, which ranks among the largest ever.
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