Fed Meeting Live Updates: Federal Reserve Weighs High Inflation, Midterm Elections at Start of October Meeting
The Federal Reserve began its two-day policy meeting on Tuesday as high inflation continues to pose a problem for central bankers who nevertheless appear reluctant to raise rates this month. Fed watchers expect the central bank to keep its benchmark…
The secret lists that anthropic shareholders will probably never see
Anthropic imagined an unusual way for its founders to convey their power. In its IPO filing, Anthropic outlined how seven of its co-founders, who collectively hold 50.1% of the voting power, will be able to create a ranked list of those they would like…
Anthropic IPO: Investors weigh growth, losses and risks
Anthropic’s IPO prospectus is full of details that investors can get excited about — and worried about. The company’s bulls applaud its 1,300% annual sales growth, 900% net revenue retention, and 85% implied gross margin. But its supporters…
US consumer confidence recovers in October with falling gas prices
WASHINGTON (AP) — Americans’ confidence in the economy rebounded somewhat in October as gas prices fell slightly, although it remains much more expensive refuel than last year at this time. The Conference Board said Tuesday that its consumer…
Stock market today: Dow climbs while Boeing plunges; Broadcom appears after the anthropogenic report
The Dow Jones Industrial Average seesawed, but other major stock indexes traded higher Tuesday afternoon as the Federal Reserve’s two-day policy meeting got underway. Broadcom (AVGO) made a bullish move amid a report that it helped Anthropic secure…
Microsoft to report first quarter results as Wall Street looks for further growth from Azure
Microsoft (MSFT) will report its first quarter results after the bell on Wednesday, giving the market a better view of demand for AI applications and services. The announcement comes just two days after Microsoft said it would offer buyouts to more than…
Ford Fathom will be the cheapest American electric vehicle capable of powering a home
Ford today announced two new EV chargers that will allow its upcoming Fathom pickup truck to serve as a battery capable of supplying electricity to the home or the grid. The new chargers promise to cost about half the price of Ford’s existing…
Endless cruise comes to a screeching halt as fuel prices rise 344%
A cruise ship selling the promise of a permanent life at sea has come to an abrupt halt. Villa Vie Residences, which operates the residential cruise ship Villa Vie Odyssey, announced on Tuesday that it had suspended its operations in Cambodia due to the…
There is not enough money in the world to finance the AI boom
The biggest gamble in American history continues to grow, and we are all holding on. Tech companies have recently launched a record rush for cash to fund data centers, computer chips, and technology and equipment to power artificial intelligence. This…
American Airlines Raises Annual Fees on Rewards Cards for the First Time Since 2018
An American Airlines Boeing 777-223(ER) takes off from Barcelona-El Prat Airport in Barcelona, Spain, April 29, 2026. Jeanne Valls | Nuphoto | Getty Images American airlines is raising the annual fees on two of its rewards credit cards for the first…