Car Stocks Race Higher After Fed Cuts Rates
Shares of auto makers got a boost from the Fed rate decision. That’s because lower rates can mean higher new car sales. General Motors and Ford Motor shares extended daily…
Intel shares soar as Nvidia embrace brings it into the AI boom
Intel shares have skyrocketed after Nvidia announced plans to invest in and partner with the company, sparking hope that the old chipmaker could avoid being left behind in a world…
‘Court of King Trump’: how media barons are bowing to president to protect key deals | US television industry
The indefinite suspension of Jimmy Kimmel’s 22-year run on late-night TV is the latest sign of the pressure US media businesses are under to bend to the rightwing views endorsed…
The Federal Reserve Cuts Interest Rate by a Quarter-Percentage-Point, Signals 2 More Before the End of the Year
The S&P 500 Index ($SPX) (SPY) today is up -0.17%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.77%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.80%.…
Wake up, Los Angeles. We are all Jimmy Kimmel
Comics have long been on the front lines of democracy, the canary in the cat’s mouth, Looney Tunes style, when it comes to free speech being swallowed by regressive politics.…
Live Nation and Ticketmaster accused of allowing ticket brokers to rake in millions from resales | Ticketmaster
The US Federal Trade Commission and seven states accused Live Nation and its ticketing arm Ticketmaster of costing fans millions of dollars by tacitly allowing ticket brokers to scoop concert…
What the Fed rate cut will mean for your finances
NEW YORK (AP) — The Federal Reserve cut its benchmark interest rate Wednesday for the first time in nine months. Since the last cut, progress on inflation has slowed while…
Race to make smartglasses relevant heats up again with new tech from Meta and Snap
More than a decade ago, pricey smart glasses that allowed people to snap photos, text and browse the web generated a lot of buzz but also resistance. People who wore…
Nvidia to invest $5bn in Intel after Trump administration’s 10% stake | Business
Nvidia, the world’s leading chipmaker, announced plans to invest $5bn in Intel and collaborate with the struggling semiconductor company on products. One month after the Trump administration confirmed it had…
The Fed announces quarter-point interest rate cut. What it means for you
According to preliminary data, the S&P 500 lost 6.63 points, or 0.10%, to end at 6,600.13 points, while the Nasdaq Composite lost 73.10 points, or 0.33%, to 22,260.85. The Dow…