Soaring debt and deficits causing worry about threats to the economy and markets
Government debt that has swelled nearly 50% is capturing increasing worry both on Wall Street and in Washington.
Nvidia’s earnings will be in focus next week as stocks try to sustain record levels
The AI chipmaker could reinvigorate a trade that has the power to propel stocks higher at a time when market leadership has broadened.
4 dead as severe storms hit Houston area; hundreds of thousands lose power in Texas
Houston Mayor John Whitmire said strong winds downed power lines, spread debris and left many roads impassable.
Boeing shareholders re-elect departing CEO Calhoun to board
New board chair Steve Mollenkopf said he has sought feedback on Calhoun’s successor from investors and Boeing customers.
Frontier Airlines does away with change fees in budget airline pricing overhaul
The budget airline’s changes come amid the Biden administration’s crackdown on so-called “junk fees.”
Supreme Court Justice Alito urged to step off Trump election case over U.S. flag controversy
Supreme Court Justice Samuel Alito and the other justices are considering if Donald Trump is immune from prosecution for 2020 election crimes.
Dodge and Ram boss Tim Kuniskis, father of the Hellcat, to retire from Stellantis
Stellantis’ Dodge and Ram brands CEO Tim Kuniskis is retiring after a nearly 32-year career with the automaker, the company announced Friday.
As Tesla layoffs continue, here are 600 jobs the company cut in California
The latest wave of Tesla layoffs hit an array of departments, impacting factory workers, software developers and robotics engineers. Read the WARN filing here.
AI infrastructure startup CoreWeave raises $7.5 billion in debt deal led by Blackstone
CoreWeave’s $7.5 billion debt financing follows a $1.1 billion funding round the startup announced two weeks ago.