U.S. News
Microsoft’s diversity chief is leaving as company continues ‘AI-powered transformation’
Hiring and retaining top talent is becoming more critical as Microsoft seeks to develop top-class artificial intelligence models and products.
Jury in Los Angeles finds Meta, YouTube negligent in social media addiction trial
A jury reached a verdict in the LA trial focused on Meta and YouTube, a case that experts have characterized as social media’s “Big Tobacco” moment.
Gold briefly dropped into a bear market and could continue to be volatile. Why it’s a buy
The massive drop could present an entry point for many traders who felt they missed on gold’s exuberant rally last year.
Prediction markets’ new insider trading restrictions aren’t enough, bipartisan senators say
Sens. Adam Schiff, D-Calif., and John Curtis, R-Utah, said they are optimistic their bill has enough bipartisan support to pass in Congress.
Iran rejects U.S. ceasefire offer, demands sovereignty over Strait of Hormuz
President Donald Trump has claimed the U.S. and Iran are “in negotiations now.” But the Islamic Republic denies any direct talks to end the war.
Hugo Barra’s return to Meta 5 years after exit underscores Zuckerberg’s AI urgency
During Hugo Barra’s first stint at Meta, the company was pushing heavily into VR. Now, he’s back and the focus is AI agents.
Swiss sneaker maker On Holding shakes up leadership amid slowing growth
Co-founders to become co-CEOs as On prepares to enter its “next growth phase,” the company said in a statement Wednesday.
Mortgage demand drops more than 10% as rates hit the highest level since October
Mortgage demand continued to tumble last week, as mortgage rates surged higher and affordability weakened further.
Arm jumps 13% in premarket after saying first in-house chip set to generate $15 billion in revenue
Arm said it expects its new chip to generate six times more revenue in 2031 than the $4 billion it made in 2025.
Recession odds climb on Wall Street as economy shows cracks beneath the surface
Economists have pulled up their risk assessments of a contraction amid heightened uncertainty over geopolitical risk and a labor market slump.
Recession odds climb on Wall Street as economy shows cracks beneath the surface
Economists have pulled up their risk assessments of a contraction amid heightened uncertainty over geopolitical risk and a labor market slump.
It’s not just oil and gas. The Strait of Hormuz blockage is rattling another vital commodity
“I’m a lot more concerned about the current crisis than I was when Russia-Ukraine happened four years ago,” one fund manager told CNBC.
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