OpenAI looms over earnings from tech hyperscalers
Amazon, Alphabet, Meta and Microsoft report quarterly results after the bell, and OpenAI is likely to be a big topic across the board.
Yum Brands earnings top estimates, fueled by Taco Bell’s 8% same-store sales growth
Taco Bell’s same-store sales increased 8% in the quarter, fueling the company’s outperformance.
Mortgage rates are rising again, but homebuyers are trickling back
Mortgage rates rose last week after several weeks of declines. That took a toll on refinance demand, but homebuyers seem more resilient.
Brent oil tops $118 after Trump says he will blockade Iran until it agrees to a nuclear deal
The latest move higher comes amid reports that the U.S. will look to extend its blockade of Iranian ports.
Meta told it’s violating EU law by not doing enough to keep children off Facebook and Instagram
Children can create Instagram and Facebook accounts simply by inputting a false birth date, a preliminary EU investigation found.
DHS shutdown: Congressional dysfunction imperils pay for TSA, Secret Service
The Department of Homeland Security has been shut down since February, as Congress continues to look for a compromise to fund the agency.
U.S. airlines are hiking fares — and travelers keep booking
Executives say travelers keep booking despite big jumps in airfare as they seek to cover the cost of fuel.
Here’s everything to expect when the Fed issues its latest interest rate decision Wednesday
In what could be Jerome Powell’s final meeting as Fed chair, he and his fellow policymakers are likely to continue their cautious approach.
Starbucks raises full-year outlook as turnaround takes hold — despite higher gas prices
Starbucks’ global same-store sales, which only includes cafes open at least a year, increased 6.2%, fueled by more visits to its locations.
Trump ballroom unlikely to get White House Correspondents’ dinners or end president’s off-site events, critics say
Critics say a White House ballroom would be a “vanity” project for President Donald Trump. He and the Department of Justice say it’s needed for security.
