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The Latest Breaking News on Business

Wall Street Week Ahead: Soaring stocks could face rocky patch as earnings wind down, yields perk up

US stocks face potential headwinds as a strong earnings season concludes. Investors are shifting focus to rising inflation and bond yields, with the PCE price index due Thursday. Futures now price in a potential Fed rate hike later in 2026, a stark contrast to earlier expectations. Key reports from Salesforce…

The Economic Times

Was Boeing responsible for deadly crashes that killed 346? What US jury said

LOT had demanded $250 million in damages, accusing Boeing of misleading airlines about the safety of the MAX jets before the Lion Air and Ethiopian Airlines disasters killed 346 people and triggered a worldwide suspension of the aircraft. But after hearing the case in a Seattle federal court, jurors sided…

The Times of India

US jury finds Boeing not guilty in 737 MAX grounding lawsuit

A US jury has ruled that Boeing is not liable for lost revenue claimed by Polish airline LOT in a lawsuit concerning the 737 MAX. LOT had accused the aerospace giant of fraud and sought $250 million after the jets were grounded for 20 months following two fatal crashes.

The Economic Times

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A mere 16% of Americans give high marks to the economy in what could be Trump’s undoing in midterms

High gas prices and rising inflation could spell disaster for Republicans in the midterms

The Independent UK

Is Wall Street Bullish or Bearish on Extra Space Storage Stock?

While Extra Space Storage has considerably underperformed the broader market over the past 52 weeks, Wall Street analysts maintain a moderately optimistic outlook about the stock’s prospects.

Barchart

Lockheed Martin Stock: Is Wall Street Bullish or Bearish?

Despite Lockheed Martin’s underperformance relative to the broader market over the past 52 weeks, Wall Street analysts maintain a moderately optimistic outlook on the stock’s prospects.

Barchart

Are Wall Street Analysts Bullish on Parker-Hannifin Stock?

Parker-Hannifin has outperformed the broader market over the past year, and analysts remain highly optimistic about the stock’s prospects.

Barchart

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Top Pension Fund Faces Fresh Scrutiny After Independent Probe Alleges Secrecy, Weak Returns And Oversight Gaps

The California Public Employees' Retirement System (CalPERS), the nation's largest public pension fund, has been hampered by secrecy, chronic underperformance, understated investment costs and potential conflicts of interest, according to a new report.

International Business Times

Revvity Stock: Analyst Estimates & Ratings

Revvity has underperformed the broader market over the past year, but analysts are cautiously optimistic about the stock’s prospects.

Barchart

US stocks today: Dow hits record high as Middle East hopes lift sentiment and Warsh takes Fed charge

US stocks rose as Dow hit an intraday record and S&P 500 extended its winning streak to eight weeks, supported by strong earnings and hopes of easing Middle East tensions. Tech stocks gained after Lenovo results lifted Dell and HP. Bond yields eased while Kevin Warsh was sworn in as…

The Economic Times

Another low budget airline files for bankruptcy – following in Spirit’s steps

Magnicharters, a low-cost Mexican carrier, filed for bankruptcy protection earlier this week in the First District Court in Mexico City, according to The Street

The Independent UK

Do Wall Street Analysts Like Ares Management Stock?

Ares Management has notably underperformed the broader market over the past year, but analysts are cautiously optimistic about the stock’s prospects.

Barchart

Ohio Seniors: Why More Local Banks Are Adding Elder Fraud Protections to Accounts in 2026

For many Ohio seniors, the biggest financial fear is no longer just inflation or rising healthcare costs. Increasingly, retirees are worried about scams, fake bank...

Saving Advice

A single Nvidia Vera Rubin rack is estimated to cost $7,803,148 with over $2 million of that figure spent on memory alone

A 435% increase in memory cost over the GB300, supposedly.

PC Gamer

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Barchart

Are Wall Street Analysts Predicting McKesson Stock Will Climb or Sink?

McKesson has underperformed the broader market over the past year, but analysts are highly optimistic about the stock’s prospects.

Barchart

What Are Wall Street Analysts' Target Price for Quanta Services Stock?

Quanta Services has rallied the broader market over the past year, and analysts remain highly optimistic about the stock’s prospects.

TechRadar

AI code security risk: The need for a smarter layer between detection and remediation

AI is accelerating code and risk. Security needs smarter triage beyond detection to remediation.

The Independent UK

Walmart warns customers of price hikes due to rising fuel costs

In total the rising fuel costs have resulted in a $175 million hit to Walmart’s operating income, the retail giant says

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The Economic Times

Angst over rising cost of living pushes US consumer sentiment to record low

US consumer sentiment fell to a record low in May as rising gasoline prices driven by the Iran war intensified cost-of-living pressures. Inflation expectations climbed sharply, especially among Republicans and independents, signalling growing economic dissatisfaction and posing risks to spending despite a still-resilient labour market and ongoing stock market gains.

The Independent UK

The five states where rising household costs are hurting Americans the most

‘Household bills are one of the biggest pressures on monthly budgets,’ one expert said

The Independent UK

IRS wants to store your biometric data for longer to help in its investigations

New proposals would allow third-party contractor to hold onto U.S. taxpayers’ identifying information for up to three years after their accounts are closed, inviting privacy concerns

RideApart

This Motorcycle Company Wants to Replace Salespeople With AI. Just Make Them Suck Less

The dealership remains the one place everyone can agree sucks the most. So while I get Moto Morini's pivot to AI salespeople at a base level, what's wrong with just making the dealership suck less?

Saving Advice

Don’t Forget Your Digital POA: New Laws Grant Agents Access to Your Email, Online Accounts and Crypto

Most people think a power of attorney only covers bank accounts, real estate, and medical decisions. In reality, your digital life may now hold just...

International Business Times UK

'Bitcoin Should Have Gone Up Every Time the Dollar Fell': Mark Cuban Sells 80% of BTC, Regrets Choosing Over Gold

Mark Cuban has sold 80% of his Bitcoin holdings, citing its failure to act as a safe-haven asset during geopolitical tensions and economic volatility, marking a shift in his crypto sentiment.

International Business Times UK

'It's All a Scam': American Student Took Out $49,548 in Loans, Paid $25K — Balance Rose to $50,121

US student loans remain a burden, with many borrowers facing increased debt despite years of payments without realising the impact of compounding interest rates.

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