Coke and Pepsi stocks are both struggling — but one beverage giant has more to worry about than the other
The beverage leaders’ stocks have struggled this year as investors worry about higher interest rates and the possible negative impact of weight loss drugs.
Google commits to invest $2 billion in OpenAI competitor Anthropic
Founded by former OpenAI executives, Anthropic has emerged as one of the hottest artificial intelligence startups, thanks to its Claude 2 chatbot
Google paid $26 billion in 2021 to become the default search engine on browsers and phones
The number is a more granular look into how much Google pays partners, including Apple, to be the default search engine on their products.
Microsoft’s AI boost helped cloud business outpace rivals Amazon and Google in latest quarter
Large cloud vendors are still helping clients work through necessary cost cuts, but Microsoft Azure has gotten a boost from artificial intelligence.
What China’s slow-motion real estate crisis means for the global economy
China’s property industry is collapsing in slow motion, with indebted major developers, and the IMF has cut growth forecasts, citing the sector as a big reason.
The Fed decision and jobs report are in the week ahead as Wall Street wraps up a brutal month
Investors will seek a shift in focus from Fed Chair Jerome Powell’s comments next week.
Spirit Airlines halts new pilot, flight attendant training after difficult quarter, Pratt engine issue
A Spirit Airlines memo said new pilot and flight attendant training would be suspended next month “until further notice.”
The Federal Reserve may not hike interest rates next week, but consumers are unlikely to feel any relief
The Federal Reserve is expected to announce no rate hike at the end of its two-day meeting next week. Here’s what that means for your wallet.
Rep. George Santos pleads not guilty to new fraud, identity theft charges
Santos hinted he would plead not guilty to the latest charges, and he repeated his vow not to resign from Congress.
