Although the artificial intelligence (AI) investment thesis is still young, some investors are already eyeing the next big thing in tech. They don’t have to look far, and the next big thing may actually be two things: humanoid robots and physical AI. Fortunately, these aren’t daunting concepts. As the name…
Bank of America on Wednesday announced that it will be hiring nearly 4,000 summer interns and full-time recruits from campuses this summer as the nation’s second-largest bank looks to bring new talent into its workforce. The firm said in a release that the hiring plans are reflective of Bank of…
Companies in the private sector added 122,000 jobs in May, payroll processing firm ADP said in its latest report on Wednesday. The figure is above economists’ estimates of a gain of 117,000 jobs. The prior month’s payrolls number was revised lower to a gain of 105,000 from an initially reported…
Nissan is recalling more than 51,000 Kicks SUVs because a software defect can cause the dashboard display to go partially or completely blank, potentially preventing drivers from seeing critical vehicle information. The recall affects 51,598 model year 2025-2026 Nissan Kicks vehicles manufactured between June 24, 2024, and Jan. 9, 2026,…
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Costco’s gas stations saw a surge in demand in the most recent quarter as consumers sought out its low-priced gasoline,…
Americans who are retired or are approaching retirement and are evaluating their investment portfolios can turn to exchange-traded funds (ETFs) that…
BP abruptly removed Chairman Albert Manifold on Tuesday, citing “serious concerns” tied to governance, oversight and conduct issues, sending shares…
Three major hospital systems on Monday filed lawsuits accusing CVS Health and its subsidiaries of running a secret scheme that…
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American households saving money for their children’s educations can leverage tax-advantaged 529 accounts to make their dollars go further. 529 education savings accounts are typically opened by parents, guardians or grandparents for minor children and allow those savings to grow on a tax-deferred basis, and…
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Social Security beneficiaries are expected to see a larger cost-of-living adjustment (COLA) next year amid rising inflation, according to new reports. An analysis by The Senior Citizens League (TSCL) predicts that the 2027 COLA will be 3.9%, which would represent an increase of 1.1 percentage points from this year’s 2.8%…
This is a developing story about the April 2026 CPI inflation report and will be updated with more details. Inflation surged in April as consumer prices rose amid the impact of the Iran war on the energy market and broader economy.The Bureau of Labor Statistics on Tuesday said that the consumer…
President Donald Trump is set to travel to China this week for a summit with Chinese President Xi Jinping that comes as the relationship between the world’s two largest economies is disrupted by ongoing trade disputes and emerging technology. Trump’s meeting with Xi in Beijing on May 14-15 comes amid…
Amazon is rolling out 30-minute delivery across dozens of U.S. cities, marking its fastest shipping option yet as the retail giant continues to accelerate its push into ultra-fast fulfillment. The new service, called Amazon Now, will deliver thousands of items — including groceries, household essentials and electronics — to customers’…
Passengers aboard Disney Cruise Line’s Disney Adventure say their four-night Singapore sailing was canceled after boarding due to technical issues, leaving families waiting hours for answers before being sent to hotels late at night. Guests had already embarked on the May 7 voyage when the ship’s captain reportedly told them…
The CEO of Saudi Arabia’s state-owned oil company is warning that the energy sector will take time to recover from the Iran war’s impact on supply as oil output was slashed due to the ongoing disruptions to shipping in the Strait of Hormuz. Saudi Aramco CEO Amin Nasser said on…
American household budgets are under pressure from higher gas prices and new data shows that consumers are turning to credit to cushion the blow of elevated fuel costs. A report by the Bank of America Institute found that lower-income households saw the share of their incomes spent on gas rise…
Nike is facing a new class action lawsuit accusing the company of failing to refund tariff-related costs it passed on to consumers through higher prices. In the proposed lawsuit, consumers argue Nike should not be allowed to keep “significant” refunds it may receive after the U.S. Supreme Court ruled in…
The artificial intelligence (AI) boom has caused a surge in luxury real estate prices in the Bay Area, although more affordable areas in Silicon Valley haven’t seen the same gains since the launch of ChatGPT kickstarted the tech sector’s AI race. An analysis by Redfin compared the median home sale…
This story about the April 2026 jobs report is developing and will be updated with further details. The U.S. economy added jobs at a modest pace in April amid uncertainty surrounding the impact of conflict in the Middle East on the labor market.What are the key findings of the April…
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