Palantir jumps 11% on Microsoft partnership to sell AI to U.S. defense, intel agencies
Palantir shares were up about 6% on Thursday morning after the company announced a partnership with Microsoft.
Average consumer now carries $6,329 in credit card debt. ‘People are stretched,’ expert says
Americans are racking up credit card debt and increasingly falling behind on their payments, recent reports show.
Weekly jobless claims fall to 233,000, less than expected, in a positive sign for labor market
Initial claims for unemployment insurance were expected to total 240,000 for the week ended Aug. 3.
Navigating a wild market: What to buy on the dip
Investors are trying to get a handle on where the market — and the economy — could go next.
Trump, Harris deploy running mates to wage class warfare over ‘what Middle America is’
Gov. Tim Walz, Democratic presidential nominee Kamala Harris’ running mate, criticized the GOP ticket of Donald Trump and JD Vance as out of touch.
Eli Lilly blows past estimates, hikes guidance as Zepbound, Mounjaro sales soar
The success of Eli Lilly’s weight loss and diabetes drugs Zepbound and Mounjaro caused the company to hike its guidance.
10-year Treasury yield hovers near 4.00% after jobless claims decline
U.S. Treasury yields rose Thursday after weekly jobless claims data appeared to show a resilient labor market.
NASA has about a week to decide on returning Boeing’s Starliner with crew or empty
The agency expects to decide “roughly by mid-August,” a deadline driven by the scheduled launch of the next NASA crew.
Nearly half of student loan borrowers are expecting debt forgiveness, Sallie Mae report finds
Nearly half of student loan borrowers are anticipating debt forgiveness in the future. Here’s how that might happen.
In a reversal, Disney’s media assets are starting to generate more excitement than its parks
For the first time in more than two years, Disney’s media assets are outshining the parks division.
