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Student loan rates set to reach 16-year high: 'It's a shock'
The move could add thousands to a borrower's total payments, one expert said.
May 09, 2024OpenAI announces new version of AI language model that fuels ChatGPT
The model eliminates lag in response time and allows for user interruption.
May 13, 2024Global quest for taller and taller buildings driven by urban future, author says
Jason Barr believes more and more skyscrapers will be built.
May 15, 2024
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Latest Business Video
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3 hours ago
University of California official says system has $32 billion in holdings targeted by protesters
The University of California has $32 billion in assets targeted by students protesting the Israel-Hamas war
3 hours ago
3 hours ago
Global quest for taller and taller buildings driven by urban future, author says
Jason Barr believes more and more skyscrapers will be built.
3 hours ago
4 hours ago
The first Mexican taco stand to get a Michelin star is a tiny business where the heat makes the meat
Michelin-starred chef Arturo Rivera Martinez stands over an insanely hot grill at the first Mexican taco stand to get a coveted star
4 hours ago
May 15
Warren Buffett's Berkshire Hathaway reveals new $7 billion stake in Swiss insurer Chubb
Warren Buffett’s Berkshire Hathaway is disclosing a new $7 billion stake in fellow insurer Chubb
May 15
May 15
DeSantis, amid criticism, signs Florida bill making climate change a lesser state priority
Florida Gov. Ron DeSantis has signed a bill making climate change a lesser priority under state law and banning offshore wind turbines near the state's long coastline
May 15
May 15
Port of New Orleans' chief resigning amid praise for moves to advance new cargo terminal project
The Port of New Orleans’ president and chief executive officer has resigned to pursue an opportunity in the private sector
May 15
May 15
U.S. stocks rally to records after encouraging data on inflation as S&P 500, Dow and Nasdaq composite set all-time highs
U.S. stocks rally to records after encouraging data on inflation as S&P 500, Dow and Nasdaq composite set all-time highs
May 15
May 15
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for June delivery rose 61 cents to $78.63 per barrel Wednesday
May 15
May 15
The US says Boeing violated a 2021 settlement. That doesn't mean the company will face charges
The Justice Department says Boeing has violated terms of a deal that allowed the giant aircraft manufacturer to avoid prosecution for fraud in 2021
May 15
May 15
House signs off on FAA bill that addresses aircraft safety and the refund rights of passengers
Congress has passed a bill that is designed to add more safety inspectors at aircraft factories and to give air travelers automatic refunds for canceled or long-delayed flights
May 15
May 15
Yemeni security forces deploy in Aden as anger simmers over lengthy power outages
Yemeni authorities have deployed security forces and armored vehicles across the port city of Aden, in preparation for the latest in a series of protests over hours-long electricity outages caused by a shortage of fuel for power stations
May 15
May 15
Changes from Visa mean Americans will carry fewer physical credit, debit cards in their wallets
Visa has announced major changes to how its credit and debit cards will operate in the U.S. Features in the works will lead to Americans to carry fewer physical cards in their wallets and make the 16-digit credit or debit card number printed on every p...
May 15
May 15
CEO of Brazil’s oil and gas giant Petrobras steps down following dustup over dividends
The head of Brazil’s Petrobras is stepping down after a fight over dividends, sending shares of the state-controlled oil and gas giant tumbling
May 15
May 15
Barge hits a bridge in Texas, damaging the structure and causing an oil spill
Officials say a barge has hit a bridge in Galveston, Texas, spilling oil into surrounding waters and closing the only road connecting the city to Pelican Island
May 15
May 15
A barge has hit a bridge in Galveston, Texas, partially collapsing a rail line and closing only road to a small island
A barge has hit a bridge in Galveston, Texas, partially collapsing a rail line and closing only road to a small island
May 15
May 15
Son-in-law of top opponent of Venezuela's president pleads guilty to US money laundering charges
The son-in-law of a prominent Venezuelan opposition leader has pleaded guilty to money laundering charges for his role in a vast bribery conspiracy to siphon over a billion dollars from the state-owned oil company
May 15
May 15
Rising interest rates hurt student borrowers
The U.S. Department of Education said borrowing costs for new student loans will climb to their highest level in 16 years.
May 15
May 15
Petco, Nextracker rise; Dlocal, AMC Entertainment fall, Wednesday, 5/15/2024
Stocks that traded heavily or had substantial price changes on Wednesday: Petco, Nextracker rise; Dlocal, AMC Entertainment fall
May 15
May 15
Billionaire Frank McCourt says he's putting together a consortium to buy TikTok
Billionaire businessman and real estate mogul Frank McCourt says he’s putting together a consortium to purchase TikTok’s U.S. business
May 15
May 15
Inflation cooled slightly in April, ending monthslong surge in prices
Consumer prices rose 3.4% in April compared to a year ago.
May 15
May 15
Retail sales were unchanged in April from March as inflation and interest rates curb spending
Americans unexpectedly paused their spending in April from March as inflation continued to sting and elevated interest rates made taking on debt more burdensome
May 15
May 15
Retail sales unchanged in April from March as inflation and higher interest rates curb spending
Retail sales unchanged in April from March as inflation and higher interest rates curb spending
May 15
May 15
US inflation eased in April in the first slowdown of 2024
US inflation eased in April in the first slowdown of 2024
May 15
May 15
Canadian historian Michael Ignatieff wins Spain's Princess of Asturias Award for Social Sciences
Organizers of Spain’s Princess of Asturias Awards have awarded the prize for the social sciences to Canadian historian and writer Michael Ignatieff
May 15
May 15
Slovakia plans to build a new nuclear reactor
Slovakia’s government approved a plan to build another nuclear reactor in a country that relies heavily on nuclear electricity generation
May 15
May 15
Edmunds: The five things you need to know before buying your first used Tesla
Used Teslas aren’t as expensive as you might think, especially with the company’s recent price cuts on its new models
May 15
May 15
Voice-cloning technology bringing a key Supreme Court moment to 'life'
The use of a voice-cloning technology marrying old audio clips to an actor's narration is bringing an historic U.S. Supreme Court decision to life
May 15
May 15
CNX plans $1.5B hydrogen fuels plant at Pittsburgh airport, but wants federal tax credit to build it
Natural gas producer CNX Resources says it plans to build a $1.5 billion facility at Pittsburgh’s airport to make hydrogen-based fuels
May 15
May 15
Senators urge $32 billion in emergency spending on AI after finishing yearlong review
A bipartisan group of four senators led by Majority Leader Chuck Schumer is recommending that Congress spend at least $32 billion over the next three years to develop artificial intelligence and put safeguards around it
May 15
May 15
A third miner is declared dead in a cave-in in southern Poland
Rescuers in southern Poland have recovered the body of a third miner a day after a cave-in in which 12 other workers were hurt
May 15
May 15
Stock market today: Wall Street rallies to records after inflation slows
U.S. stocks rallied to records on hopes that inflation is heading back in the right direction
May 15
May 15
Indonesia seeds clouds to block rainfall after floods killed at least 67 people while 20 are missing
Indonesian authorities have seeded clouds in a bid to prevent further rainfall after flash floods that hit the country's Sumatra Island over the weekend left at least 67 people dead
May 15
May 15
Morocco’s automotive industry shifts gears to prep for electric vehicle era
Morocco has grown its automotive industry from virtually non-existent to Africa’s largest in less than two decades
May 15
May 15
Driver said he smoked pot oil, took medication before Florida crash that killed 8 Mexican workers
Investigators say a man with a long record of dangerous driving told them he smoked marijuana oil and took prescription drugs hours before he sideswiped a bus
May 15
May 15
YouTube blocks Hong Kong protest anthem after court injunction bans song in the city
YouTube has blocked access to videos of a protest song in Hong Kong to comply with a removal order, days after a court approved an injunction to ban the song in the city
May 15
May 14
The WNBA's challenge: How to translate the Caitlin Clark hype into sustained growth for the league
The stars have aligned for the WNBA with Caitlin Clark and Angel Reese joining the ranks of A’ja Wilson, Breanna Stewart, Diana Taurasi and others
May 14
May 14
Walmart lays off hundreds of employees and requires others to relocate
Walmart on Tuesday announced layoffs affecting several hundred jobs at the retail giant's campus offices and said it will be requiring most remote workers and personnel in its Dallas, Atlanta and Toronto offices to relocate to office hubs in Bentonvill...
May 14
May 14
OpenAI co-founder Ilya Sutskever announces departure from ChatGPT maker
One of the original creators of the artificial intelligence technology behind ChatGPT says he is leaving the company after a nearly decade
May 14
May 14
Justice Department says Boeing violated deal that avoided prosecution after 737 Max crashes
The Justice Department has determined that Boeing violated a settlement that allowed the company to avoid criminal prosecution after two deadly crashes involving its 737 Max aircraft
May 14
May 14
Justice Dept. tells judge that Boeing has violated agreement that shielded it from prosecution after 737 Max crashes
Justice Dept. tells judge that Boeing has violated agreement that shielded it from prosecution after 737 Max crashes
May 14
May 14
Former NFL coach Jon Gruden loses Nevada high court ruling in NFL emails lawsuit
Former NFL coach Jon Gruden has lost a Nevada Supreme Court ruling in a contract interference and conspiracy lawsuit he filed against the league after he resigned from the Las Vegas Raiders in 2021
May 14
May 14
US inflation eased last month in the first slowdown of 2024
Led by lower food and auto prices, inflation in the United States cooled slightly last month after three elevated readings, likely offering a tentative sigh of relief for officials at the Federal Reserve as well as President Joe Biden’s re-election team
May 14
May 14
New US tariffs on Chinese electric vehicles, batteries and solar cells could raise consumer prices
New tariffs on Chinese electric vehicles and batteries, solar cells, medical equipment and other goods are intended to protect U.S. jobs and manufacturers
May 14
May 14
How major US stock indexes fared Tuesday, 5/14/2024
Stocks ended higher on Wall Street, sending the Nasdaq composite to another record
May 14
May 14
Vermont Legislature passes one of the strongest data privacy measures in the country
The Vermont legislature has passed one of the strongest data privacy measures in the country, aimed at cracking down on companies’ use of online personal data
May 14
May 14
How Cannes works, from the standing ovations to the juries to the Palm Dog
The Cannes Film Festival is hallowed ground in cinema but understanding its unique landscape can be confounding
May 14
May 14
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for June delivery fell $1.10 to $78.02 per barrel Tuesday
May 14
May 14
Argentina reports its first single-digit inflation in 6 months as markets swoon and costs hit home
Government data in Argentina says the country’s monthly inflation rate has eased sharply to a single-digit rate in April for the first time in half a year
May 14
May 14
TikTok content creators sue the US government over law that could ban the popular platform
Eight TikTok content creators have sued the U.S. over the new federal law that would could ban the social media platform nationwide
May 14
May 14
Labor laws largely exclude nannies. Some are banding together to protect themselves
Nannies, housekeepers, and home care workers are excluded from many federal workplace protections in the United States, and the private, home-based nature of the work means abuse tends to happen behind closed doors
May 14