Stocks jumped in Tuesday's opening session after several strong earnings reports and as the 10-year Treasury yield retreated.
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Tax Prep Firm Intuit to lay off 1,800 as Part of AI-Focused Re-org
WASHINGTON (AP) — Tax preparation and financial software company Intuit announced an AI-focused reorganization plan Wednesday that includes laying off abou
Microsoft Quits OpenAI Board Amidst Antitrust Scrutiny of AI pacts
Microsoft has relinquished its seat on the board of OpenAI, saying its participation is no longer needed because the firm has improved its governance.
Are Personal Checks Done? Target Will Stop Accepting Them Next Week
Target will no longer accept personal checks from shoppers as of July 15 in a sign of how a once ubiquitous payment method is going the way of the dodo.
Judge who Nixed Musk’s Pay Mulls Massive Fee Request from Lawyers
A Delaware judge is considering a massive and unprecedented fee request by lawyers who successfully voided a pay package for Tesla CEO Elon Musk
Small Businesses Continue to Suffer from Rent Inflation
The Bank of America Institute found that average monthly rent payment growth for the bank's small business clients rose 12% year-on-year.
Debate as AI-Driven Car Hits Person Crossing Against Light in China
A driverless ride-hailing car in China hit a pedestrian, but people on social media are taking the carmaker’s side in an AI vs. humans debate.
Fed’s Powell Highlights Slowing Job Market in Possible Rate Cuts Sign
The Federal Reserve faces a cooling job market as well as persistently high prices, Chair Jerome Powell said in a possible sign of looming rate cuts.
King Arthur Baking’s CEO on the Flour Company’s Post-Pandemic Rise
America’s oldest flour company, King Arthur Baking Co., saw a six-fold increase in demand during the pandemic, and baking interest continues to rise.
Work Friends Can Be Hard to Find: How to Combat Loneliness at Work
The surgeon general has said there's a loneliness epidemic in America. For many people, that includes a lack of friendships at work. But there's hope!
