Failed JetBlue buyout leaves Spirit Airlines with a tough path forward
Spirit, whose last profitable year was 2019, had challenges even before the ruling including grounded planes, softening demand and rising costs.
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Judge loses patience with Trump lawyer in E. Jean Carroll sex assault defamation trial
Donald Trump clashed with the judge and complained about E. Jean Carroll's testimony during her first day on the stand in his sex assault defamation trial.
Nvidia and AMD shares hit record highs on AI chip surge
Investors are increasingly bullish on AMD, which is the second largest standalone GPU maker,
Mark Zuckerberg indicates Meta is spending billions of dollars on Nvidia AI chips
Meta appears poised to spend billions of dollars by the end of this year on Nvidia's popular computer chips that are widely used for AI projects
Pushback against Trump plays into the hands of the Chinese, Austria minister says
Liberal pushback against a likely highly divisive U.S. election will play into the hands of the Chinese, Austria's Minister for Foreign Affairs, Alexander Schallenberg, said Thursday.
Fed's Raphael Bostic expects rate cuts to happen in the third quarter
The Atlanta Fed president said a "golden path" economic scenario is getting closer than many Fed officials had expected.
OpenAI announces first partnership with a university
Starting in February, Arizona State University will have full access to OpenAI's ChatGPT Enterprise.
Passive investing rules Wall Street now, topping actively managed assets in stock, bond and other funds
As 2023 came to a close passive held more assets under management than active.
The weight loss drug market may soon get more crowded. Here are the companies trying to enter the booming space
Wall Street has been focused on Novo Nordisk, Eli Lilly and other large drugmakers hoping to join the weight loss drug market, such as Pfizer, Roche and Amgen.
Nelson Peltz states his case for joining the Disney board
The proxy battle comes as CEO Bob Iger tries to streamline the sprawling media company to rein in spending and make its Disney+ streaming platform profitable.
Trump says ‘I would love it’ when judge threatens to kick him out of E. Jean Carroll trial
Donald Trump accused Judge Lewis Kaplan of having "Trump Derangement Syndrome" as E. Jean Carroll testified at the sex assault defamation trial in New York.
Weekly jobless claims post lowest reading since September 2022
Initial filings for unemployment insurance totaled 187,000 for the week ended Jan. 13.
Government shutdown could disrupt upcoming tax season, IRS commissioner says
A government shutdown could disrupt the upcoming tax season, according to IRS Commissioner Danny Werfel. Here's what filers need to know.
Apple will avoid ban by selling latest Apple Watches without blood oxygen feature
Apple will be able to continue importing and selling Apple Watches as it battles with Masimo in court
Jamie Dimon praises Trump, warns MAGA criticism could hurt Biden
Jamie Dimon admonished Democrats to be "more respectful" toward Donald Trump's "MAGA" supporters, or else risk hurting President Joe Biden's reelection bid.
Pro-DeSantis super PAC lays off staff after second-place finish in Iowa
Florida Gov. Ron DeSantis beat former United Nations Ambassador Nikki Haley in Iowa but lost to former President Donald Trump by a wide margin.
Watch now: ETF Edge on bitcoin ETF next steps, plus climate investing
Retail sales rose 0.6% in December, topping expectations for holiday shopping
Retail sales increased 0.6% for the month, buoyed by a pickup in clothing and accessory stores as well as online nonstore businesses.
Now hiring: ‘New-collar’ workers, no degree necessary
The job market may be cooling but there are opportunities ahead, especially for new-collar workers.
OpenAI quietly removes ban on military use of its AI tools
OpenAI has quietly walked back a ban on the military use of ChatGPT and its other artificial intelligence tools.
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