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The Latest Breaking News on Business

Wall Street hits new closing highs on Iran deal hopes

US stocks have closed higher as investors cheered signs of a peace deal between the United States and Iran.

AAP

Is T-Mobile still down? — Some users still can't connect to fiber home internet

It looks like something is wrong with T-Mobile fiber internet, as thousands are saying they can't connect.

Tom’s Guide

Wheat Falls into the End of the Month

The wheat complex fell double digits across most contracts on Friday. Crude Oil was a pressure factor, down $1.14/bbl, money was flowing out ahead of the weekend, with the President looking over the proposed agreement between the US and Iran. Chicago SRW futures were down 10 to 13 cents in...

Barchart

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'AI adoption has become a game of chance': Employees are being left to navigate AI tools on their own as businesses fail to implement proper training

Only around half of the workers using AI regularly have had any formal training from their employers.

TechRadar

Blockbuster Earnings Just Sent DELL Stock Soaring. What Comes Next.

Dell stock soars on blockbuster Q1 earnings and impressive future guidance. BofA raises price target on DELL shares to $500.

Barchart

Carnival cruise operator confirms nearly 6 million people affected in data breach

in late April, ShinyHunters claimed responsibility for the breach.

TechRadar

Donald Trump Allegedly Purchased Millions in Dell Stock Just Weeks Before It Was Awarded $9.7B Pentagon Contract

Donald Trump's portfolio bought at least 1 million dollars in Dell stock weeks before the firm secured a 9.7 billion dollar Pentagon contract, prompting ethics watchdogs to warn of glaring conflicts of interest.

International Business Times UK

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AI Costs Are Forcing Big Companies to Put Limits on Workers: Report

Some of the country's biggest companies are beginning to ration access to AI for employers, track their usage more aggressively, and steer tem toward cheaper tools as costs rise faster than expected.

International Business Times

Is Danaher Stock Underperforming the S&P 500?

Danaher has underperformed the S&P 500 over the past year, but analysts are highly optimistic about the stock’s prospects.

Barchart

US stocks today: US stocks hits new closing highs on tech strength, Middle East deal hopes

Wall Street ended at record highs on Friday, driven by strong tech earnings and optimism around AI-led growth. Dell’s upbeat forecast lifted chip and software stocks, while investors tracked developments on a potential US-Iran deal. Despite inflation concerns, major indexes posted weekly and monthly gains.

The Economic Times

Fiserv CEO Says AI, Clover Can Help Restore Predictable Growth After Tough Year

Fiserv (NASDAQ:FISV) President and CEO Mike Lyons said the payments and financial technology company is working to restore what he described as its historically predictable, mid-single-digit revenue growth profile after a difficult year for investors. Speaking at a Bernstein-hosted discussion with

MarketBeat

Is Chevron Stock Outperforming the Dow?

Chevron has outperformed the Dow Jones over the past year, and analysts remain moderately optimistic about the stock’s outlook.

Barchart

Americans Are Spending Faster Than They Earn As Savings Rate Falls, Figures Show

Consumer spending rose in April even as disposable personal income fell, suggesting many Americans are no longer spending from strength but from savings.

International Business Times

Southwest in U-turn on controversial passenger policy

Travelers previously accused the airline of charging a ‘fat tax’ with one of its policies

The Independent UK

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Barchart

Is Abbott Laboratories Stock Underperforming the Dow?

Abbott Laboratories has trailed the Dow Jones Industrial Average over the past year, but analysts remain highly optimistic about the company's long-term growth prospects.

The Independent UK

Americans planning summer travel hits six-year low

‘General affordability is a major concern among non-travelers,’ the study said

The Free Financial Advisor

5 Bills That Quietly Got More Expensive This Year While Everyone Was Watching Inflation

Prices grabbed headlines this year, but not every increase showed up in the usual inflation reports. Many households noticed their budgets tightening even when headline inflation looked like it cooled off. That gap comes from a quieter trend: essential bills rising in the background while attention stayed elsewhere. These increases…

The Economic Times

Bitcoin crash warning? $2.8 billion ETF outflows shake crypto market as BTC USD falls below $72,000 today - here's what traders need to know

Bitcoin BTC USD crash prediction: Investor confidence in crypto is waning. Billions are exiting Bitcoin ETFs. Capital is flowing into the strong US stock market. AI stocks are drawing significant attention. Bitcoin prices have fallen below $74,000. On-chain data shows weakening demand. This trend mirrors past bear markets. Long-term holders…

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MarketBeat

Laurentian Bank of Canada Q2 Earnings Call Highlights

Laurentian Bank of Canada (TSE:LB) reported a second-quarter loss on a reported basis as transaction-related charges and a loss tied to the sale of a syndicated loan portfolio weighed on results, while management said the bank remains on track with previously announced transactions involving Nationa

The Free Financial Advisor

North Carolina Buyers Are Facing a New Affordability Problem Beyond Mortgage Rates

Homebuyers in North Carolina keep watching mortgage rates like they hold the only key to affordability, but another wave of costs is quietly tightening the pressure. Even when rates dip slightly, monthly budgets still feel stretched thin in ways that surprise many buyers stepping into today’s market. Home prices across…

The Economic Times

Gap, American Eagle fall as brand troubles weaken annual forecasts

The results underscore a widening split in consumer spending, with record-low sentiment driven by the Iran war forcing lower-income households to cut back, even as higher-income shoppers remain selectively willing to spend.

Clever Dude

Why Signing a ‘Zero-Dollar’ Home Repair Contract Could Cost You Thousands

Home repair deals that advertise a “zero-dollar” contract often sound like a dream come true. No upfront payment, no initial bill, and repairs supposedly covered through insurance or future billing can feel like a stress-free win. Sounds perfect, right? Many homeowners jump in quickly, thinking they secured a risk-free solution…

The Economic Times

Dell shares soar more than 30% on strong earnings

Following robust financial results, Dell's stock soared, reflecting a successful pivot toward AI servers that has truly paid off, surpassing the company's historical reliance on PC sales. This evolution strategically positions Dell at the forefront of the booming AI infrastructure industry. Other server companies also enjoyed beneficial stock trends.

Everybody Loves Your Money

North Carolina Buyers Are Running Into a New Housing Cost They Didn’t Expect

Homebuyers across North Carolina continue to chase affordable properties in fast-growing cities like Raleigh, Charlotte, and Greensboro, but many discover an unexpected financial twist right after going under contract. The sticker price often looks manageable at first glance, especially compared to high-cost states, yet the monthly reality tells a different…

Latin Times

Americans Feel That Higher Salaries Aren't Catching Up With Inflation, Report Shows

Americans' wages have broadly kept up with inflation over the past quarter-century, but most feel that they are not enough when measured against recent price spikes, according to a new analysis.

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