Dow closes more than 150 points lower as inflation data reignites interest rate fears: Live updates
The major averages came off of four consecutive winning days.
IRS says Microsoft owes an additional $29 billion in back taxes
Microsoft said the IRS notified the company it owes an additional $28.9 billion in back taxes.
Already a humanitarian crisis, war with Hamas could have major impact on Israel’s economy
Israel’s armed forces called up more than 300,000 reservists, removing a significant part of the nation’s workforce from the economy.
Bankman-Fried was very concerned about his image, including his big hair, ex-girlfriend Ellison testifies
In her second day on the stand, Caroline Ellison told jurors that Sam Bankman-Fried wanted her to hide FTX customer funds that were on Alameda’s balance sheet.
Europe gives Mark Zuckerberg 24 hours to respond about Israel-Hamas conflict and election misinformation
EU urges Meta to be “vigilant” about removing disinformation during conflict, ahead of elections.
Alphabet’s AI lab, DeepMind, cut employee costs by nearly 40% in 2022, alongside a drop in profit
Alphabet’s AI lab, DeepMind, cut employee costs by 39% last year, according to a recent filing with a U.K. government agency.
How to donate to help victims of the Israel-Gaza crisis
People looking to help those affected by the Israel-Gaza crisis can consider donating to charities working on the ground.
Steve Scalise nominated as House speaker candidate by GOP lawmakers
Scalise defeated Judiciary Committee Chair Jim Jordan in a 113 to 99 vote during a closed-door meeting.
Oil prices could surge if Iran enters the war, Pioneer Natural Resources CEO says
“If Iran enters the war, we’re going to see much higher oil prices, obviously,” Sheffield said Wednesday on CNBC’s “Squawk Box.”
Exxon Mobil agrees to buy Pioneer Natural Resources for nearly $60 billion in all-stock merger
Exxon Mobil said Wednesday it agreed to buy shale rival Pioneer Natural Resources for $59.5 billion in an all-stock deal.
