Fed holds rates steady and notes progress on inflation
Federal Reserve officials held short-term interest rates steady, but indicated that inflation is getting closer to its 2% target.
The Federal Reserve sets the stage for a rate cut — here’s what that means for your money
The Federal Reserve will keep rates where they are, for now — but the first cut in four years is on deck.
Nvidia shares soar 13% after Microsoft quells fears that AI buildout is too fast
Microsoft plans to spend even more on Nvidia-based infrastructure next year than it did in 2024.
Bernstein analyst finally likes PayPal after correctly staying on sidelines for 3 years
Bernstein upgraded PayPal to outperform, its first upgrade in three years.
Taco Bell to roll out AI drive-thru ordering in hundreds of locations by end of year
Yum Brands said voice AI has improved order accuracy, decreased wait times and increased profitable growth for franchisees.
Boeing taps aerospace veteran Ortberg to replace Dave Calhoun as CEO
Boeing announced in March that Calhoun would step down by year’s end, part of a broader company shake-up following a door plug blowout in January.
Why orange juice is so expensive
Orange juice futures are hitting records as growers lose millions of dollars annually. U.S. citrus production is plummeting amid weather and disease extremes.
Vance discusses his rocky debut and what role he wants to play as Trump’s VP
Sen. JD Vance knows he has had a rocky rollout as Donald Trump’s running mate, but the Ohio Republican doesn’t believe he has disappointed the former president.
Patients on Alzheimer’s drug Leqembi see benefits over three years, Eisai study says
The study results on Leqembi, which Eisai shares with Biogen, also found that Alzheimer’s patients who take the therapy get worse after they stop treatment.
Microsoft tells employees it will hand out one-time cash awards of up to 25% of annual bonus
Microsoft wants to reward rank-and-file employees for helping to deliver accelerating revenue growth for the fiscal year that just ended.
