Fast-food customers are shifting to casual-dining chains, Darden Restaurants CEO says
Chili’s and Applebee’s are among the casual-dining chains that have been trying to win over fast-food customers.
Startup Kinetic rolls out robots to fix electric cars, and someday robotaxis
Menlo Ventures, an early Uber investor, just led a $21 million round of funding in Kinetic, a startup making EV repairs quicker and less expensive.
Student loan forgiveness deadline is June 30. Here’s what borrowers need to know
Student loan borrowers have until the end of June to meet a deadline that could lead to quicker debt forgiveness.
OpenAI competitor Anthropic announces its most powerful AI yet
The company said Claude 3.5 Sonnet is faster than its previous leading model, Claude 3 Opus, and is the first model from Anthropic’s new Claude 3.5 family.
Trump Media plummets 15% as DJT stock sell-off deepens
Trump Media closed at $26.75 per share after heavy trading — more than 40% lower than the stock’s roughly $49 price at the start of June.
Treasury yields rise as traders evaluate latest batch of economic data
U.S. Treasury bond yields rose Thursday as investors weighed fresh economic data indicating further signs of a slowing economy.
OpenAI co-founder Ilya Sutskever announces his new AI startup, Safe Superintelligence
OpenAI co-founder Ilya Sutskever, who left the company in May, announced his new startup, which he’s calling Safe Superintelligence, or SSI.
Mortgage demand flattens even as interest rates hit the lowest level since March
Mortgage applications to purchase a home rose 2% for the week and were 12% lower than the same week one year ago.
These are Wall Street’s favorite S&P 500 picks for the second half
The second half of the year is around the corner, and some stocks are primed to outperform.
Willie Mays, supreme baseball talent among the best to ever play, dies at 93
The San Francisco Giants said the Hall of Famer died peacefully Tuesday afternoon.
