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The Latest Breaking News on Business

U.S. Fuel Trader Investigated Over Alleged Cartel-Linked Smuggling

A Texas-based fuel trader is under investigation in the United States and Mexico after documents allegedly showed a paper trail linking fuel shipments to a smuggling scheme tied to the Jalisco New Generation Cartel.

International Business Times

Dell Technologies Q1 Earnings Call Highlights

Dell Technologies Q1 Earnings Call Highlights

Dell Technologies (NYSE:DELL) reported what executives described as a record fiscal 2027 first quarter, driven by surging demand for AI servers, traditional servers, storage and commercial PCs, while warning that component supply remains the main constraint on further growth. Jeff Clarke said reven

Gen Z Is Using AI To Gamble The Insurance System And Exposing a Broken System

Gen Z Is Using AI To Gamble The Insurance System And Exposing a Broken System

A third of all consumers would consider using AI to digitally alter an insurance claim image or document in their favor, according to a March report from insurance data analytics company Verisk—but that number rises to 55 percent for Gen Z.

International Business Times

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Applied Materials Bets AI Boom Will Drive Logic, DRAM and Packaging Growth

Applied Materials (NASDAQ:AMAT) Chief Executive Officer Gary Dickerson said artificial intelligence is driving a multi-year expansion in semiconductor manufacturing demand, with the company positioned around the areas he described as the fastest-growing parts of wafer fab equipment spending. Speaki

Dollar Erases Early Gains on Disappointing US Economic News

The dollar index (DXY00 ) today fell from a 7-week high and is down -0.13%. The dollar gave up an early advance and turned lower today on weaker-than-expected US economic news that is dovish for Fed policy. Weekly jobless claims rose more than expected, Apr capital goods new orders nondefense...

Starbucks quietly retired its AI agent just months after deployment after it hallucinated coffee shop inventories and slowed down baristas

“It started off not particularly accurate and got less accurate over time,” one Starbucks employee told Fortune.

Microsoft Stock: Is MSFT Underperforming the Technology Sector?

Microsoft has underperformed the Technology sector over the past year, but analysts are highly optimistic about the stock’s prospects.

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Do Wall Street Analysts Like NVR, Inc. Stock?

Do Wall Street Analysts Like NVR, Inc. Stock?

NVR, Inc. has underperformed the broader market over the past year, and analysts are cautious about the stock’s prospects.

Gold rebounds after Iran and US reach outline ceasefire deal

Gold rebounds after Iran and US reach outline ceasefire deal

Thursday saw a resurgence in gold prices, which jumped more than one percent as they bounced back from a two-month low. This recovery was fueled by the hopeful prospects of an extended ceasefire agreement between the United States and Iran. As the U.S.

The Economic Times

Samsung AI Chip Workers Secure Massive Bonuses After Strike Threat In South Korea

Samsung AI Chip Workers Secure Massive Bonuses After Strike Threat In South Korea

Samsung Electronics workers in South Korea voted to approve a major compensation agreement tied to the company's booming AI semiconductor business after threatening to conduct a strike.

International Business Times

Some Truck Buyers Won't Even Consider A Brand Without A V8

Even if they don’t commit to a V8 engine, Ram says that 40 percent of pickup buyers still want to see a V8 option.

6 Reasons Retirement Accounts Are Lasting Less Time Than Expected for Some Seniors

6 Reasons Retirement Accounts Are Lasting Less Time Than Expected for Some Seniors

For years, many retirees believed that careful saving and following traditional retirement advice would be enough to make their money last comfortably through retirement. Unfortunately,...

Is Alphabet Stock Outperforming the Dow?

Is Alphabet Stock Outperforming the Dow?

Alphabet has outpaced the Dow Jones Industrial Average recently, and analysts are highly optimistic about the stock’s prospects.

How Is Meta’s Stock Performance Compared to Other Internet Stocks?

How Is Meta’s Stock Performance Compared to Other Internet Stocks?

Meta has trailed behind the broader internet industry recently, but analysts are highly upbeat about its future prospects.

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The Independent UK

Family Dollar has closed hundreds of stores in recent months as inflation continues to squeeze customers’ budgets

In July, Dollar Tree sold Family Dollar for about $1 billion to Brigade Capital and Macellum Capital

Kohl's Q1 Earnings Call Highlights

Kohl's (NYSE:KSS) reported what executives described as its strongest quarterly comparable sales performance in more than four years, as the retailer cited gains in proprietary brands, improved inventory management and stabilization among its Kohl's Card customers. On the company's first-quarter fi

Average US long-term mortgage rate climbs to 6.53%, the highest level in 9 months

The average long-term U.S. mortgage rate rose again this week, reaching its highest level in nine months, another setback for prospective homebuyers

Is Johnson & Johnson Stock Outperforming the Dow?

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

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The Independent UK

US restaurants add mandatory tips to bills before foreign visitors arrive for World Cup

Restaurants in Boston, Kansas City, and Atlanta are among World Cup host cities planning to tack on the mandatory tips

The Conversation

New research shows why tipping is making more Canadians uncomfortable

Ever feel uncomfortable when a payment screen asks for a tip? We sure have. As tipping prompts become more widespread, more consumers are feeling uneasy or frustrated, but not always sure why.

More Than 500 Workers File Class Action After Mexican-Themed Fast-Food Chain Suddenly Exits U.S. Market

The lawsuit seeks up to 60 days of pay and benefits for more than 500 affected workers

If the Market Rally Stalls, This ETF Can Insulate Portfolios

The S&P 500's high concentration risk underscores the role that the better-diversified Invesco Equal Weight ETF can play in conservative investors’ portfolios.

The Economic Times

Could the T-Mobile Fiber outage become worse? How serious is the T-Mobile Fiber outage as T-Fiber users face internet blackout across America

Is T-Mobile down? The T-Mobile Fiber outage exposed how fragile modern internet systems can suddenly become. Thousands of T-Fiber users across America reported no internet, slow speeds, and broken connections overnight. Downdetector data showed a sharp spike in complaints. Many homes lost access during work hours.

The Free Financial Advisor

5 Questions To Ask a Bank Before Depositing Your Money

Money does not sit quietly in a bank account without consequences—it either grows, shrinks through fees, or stays protected depending on the institution. Many people focus only on convenience when choosing a bank, but smart savers dig deeper before moving a single dollar.

Canadian Imperial Bank of Commerce Q2 Earnings Call Highlights

Canadian Imperial Bank of Commerce (NYSE:CM) reported sharply higher second-quarter earnings, with management pointing to broad-based revenue growth, positive operating leverage and a strong capital position as key drivers of the bank’s performance. President and Chief Executive Officer Harry Culha

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