Consumer prices rose 4.2% annually in May, highest in three years
The consumer price index was expected to show a 4.2% gain from a year ago, according to the Dow Jones consensus estimate.
AI will help young workers ‘mature’ faster by automating grunt work, Thoma Bravo says, amid youth job crisis
“If you look at our associates, they’re spending a lot less time doing models or comparables than before,” Orlando Bravo, founder of Thoma Bravo, told CNBC.
Weekly mortgage demand surges nearly 11% higher, despite volatile interest rates
Mortgage demand from both current homeowners and potential buyers rose sharply, even though interest rates climbed as well.
What next for BP? Leadership exits test investor confidence in board oversight
An executive exodus at BP has sparked intense scrutiny from investors.
Super Micro stock falls 13% on $7 billion financing plans as company touts AI server orders
Super Micro is the latest company tied to the AI boom to announce that it’s tapping the capital markets.
The May inflation numbers are due out Wednesday morning. Here’s what to expect
If the Wall Street consensus is correct, the consumer price index is expected to show inflation running at a 4.2% annual rate.
White House border czar Tom Homan blames New York Gov. Hochul for promised ICE surge
Gov. Kathy Hochul in May signed a New York law that barred agreements with ICE that made it easier for the agency to detain immigrants who had been jailed.
SpaceX IPO explained: The price is set, but retail allocation still up in the air
Charles Schwab, Fidelity, Robinhood, SoFi and Morgan Stanley’s E-Trade are among the brokerage platforms making SpaceX shares available.
Jeffrey Epstein’s former assistant Lesley Groff interviewed by House panel
Groff worked for Epstein for nearly 20 years, and her name appears more than 150,000 times in the Epstein files released by the Department of Justice.
Apple shares slide after big Siri AI reveal
Apple unveiled new artificial intelligence software at WWDC, highlighted by its long-awaited update to Siri.
