The number of Americans applying for unemployment benefits rose slightly last week despite layoffs remaining healthy amid ongoing inflation and high interest rates.
Articles by Thea Felicity
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SpaceX's Starship successfully lifted off on its fourth test flight. It aims to demonstrate reusability and withstand re-entry heat as it prepares for a 2026 Lunar landing and major commercial use.
Keith Gill, also known as "Roaring Kitty," has potentially amassed a profit of tens of millions of dollars on his GameStop options position, but experts think that getting these gains will not be easy.
The Swiss financial regulator FINMA is seeking new powers to publicly name and shame banks that breach its rules. Switzerland has been looking to strengthen banking regulations since UBS took over Credit Suisse last year.
The 48-year-old Oregon woman claimed that she's been using Johnson & Johnson powder for 30 years and has been inhaling asbestos in return, but Johnson & Johnson maintained that their products do not contain such and do not cause cancer.
Toyota and Mazda halt vehicle shipments amid Japan's widening auto safety scandal due to irregularities in safety test data, leading to suspension of shipments by other automakers and potential repercussions.
Tesla stands firm in support of Elon Musk's $56 billion compensation plan despite criticism from shareholders calling it "excessive."
A technical glitch at the NYSE on June 3 caused Berkshire Hathaway's A-class shares to plummet nearly 100%, prompting a trading halt alongside Barrick Gold and Nuscale Power while the exchange investigates.
In 2023, the average CEO compensation for S&P 500 companies surged to $16.3 million, up 12.6%, while private-sector workers saw only a 4.1% rise, showing a concerning wide gap between executive pay and worker earnings.
Half a million people faced delayed Child Benefit payments on June 3 due to a technical glitch at HMRC, sparking social media complaints and concerns over financial strain.
Mexican assets plummeted on Monday after Claudia Sheinbaum's landslide victory and substantial congressional majority raised fears of anti-market reforms, with the peso falling 4% before partially recovering.
Spotify announced a price increase for its US premium plans to boost profitability and invest in new features, with individual plans rising from $10.99 to $11.99 monthly.
Trend Micro partners with Nvidia to develop advanced AI cybersecurity tools to protect AI-driven data centers against intrusions and ensure data confidentiality.
Nvidia leads the AI chip market with a 70%-95% market share and a $2.7 trillion market cap but faces rising competition from Intel, AMD, and others developing their own AI processors.
Amid immigration's impact in the UK, experts stress the need for infrastructure investments to ease pressures on housing, healthcare, and education systems.
Donald Trump’s net worth dropped by hundreds of millions after shares in his media company fell 5.3% following his conviction in a New York hush-money trial.
Aramco's share sale drew overwhelming demand within hours, potentially raising up to $13.1 billion, attracting global investor interest in Saudi assets.
Atlas Air Worldwide will stop flying freighter aircraft for Amazon's domestic parcel network by mid-2025.
US regulators have extended a ban on Boeing, increasing production of its 737 MAX planes due to ongoing safety concerns.
Shares of Trump Media & Technology Group recovered in pre-market trading on Friday following an initial sell-off after former President Donald Trump was convicted in his hush money trial.
A Saudi Arabian fund has become the sole foreign investor in China's generative artificial intelligence sector, supporting the country's efforts to rival industry leader OpenAI.
Leaked documents revealed that Google controlled internet information and manipulated searches through algorithmic processes, prompting concerns about transparency and political biases in ranking features.
Elon Musk Settles Legal Battle With SEC Over 'Suspicious' Twitter Acquisition by Testifying in Court
Elon Musk agrees to testify in the SEC probe over his 2022 Twitter acquisition, settling his legal dispute and avoiding an appeal, as concerns about potential securities law violations loom over the investigation.
Former ESPN President John Skipper and ex-Turner President David Levy are spearheading Unrivaled, a new women’s basketball league launching in January 2025.
SwissAid's report exposes a major issue: $35 billion worth of African gold is smuggled into the UAE annually, fueling illegal trade due to lax enforcement and loopholes.
Boeing's CEO Dave Calhoun and top executives are presenting a safety plan to the FAA, addressing quality control issues after several near-catastrophic incidents this year.
Amid record-high prices and concerns over a faltering Brazilian harvest, orange juice producers weigh options like mandarins.
Abercrombie & Fitch sees a share surge after beating first-quarter sales estimates, attributed partly to their '90s fashion trend strategy.
Oil prices are experiencing fluctuations as traders wait for OPEC+'s decision due to another second ship attack in the Red Sea.
Nissan urgently advises owners of approximately 84,000 older vehicles to avoid driving them due to the heightened risk of Takata airbag inflators exploding following a fatal incident and multiple injuries since 2015.