Energy prices surged on Thursday after Iran struck the world’s largest LNG complex, causing damage that Qatar said could take five years to repair, as some of the energy sector's worst fears about the war launched by the U.S. and Israel on Iran came true.
The Federal Reserve on Wednesday left interest rates unchanged for its second straight meeting, ignoring President Donald Trump’s demands for cuts as the war with Iran has fueled a rise in the price of oil that threatens to reignite inflation.
Josh D'Amaro officially assumes his new role as Disney's chief executive officer at Wednesday's annual shareholder meeting, taking the helm of the entertainment colossus at a time of profound change.
As the U.S. says goodbye to pennies, Washington state lawmakers have reached a solution for how local businesses should handle rounding during cash transactions.
Global stocks fell on Wednesday, erasing earlier gains as oil prices reversed course to head up, while a reading on U.S. inflation was higher than expected ahead of a Federal Reserve monetary policy announcement.
Amazon CEO Andy Jassy said during an internal all-hands meeting he expects artificial intelligence could help cloud computing unit Amazon Web Services achieve $600 billion in annual sales, double his own prior estimate.
Microsoft said on Tuesday it is reorganizing its Copilot teams by unifying its commercial and consumer versions, as the tech giant rushes to improve its artificial intelligence assistant to drive better adoption.
Ultium Cells LLC, the battery joint venture between General Motors Co. and LG Energy Solution, will start making cells for stationary energy storage at its Tennessee plant next month as it seeks to restart factories idled by GM’s EV retrenchment.
Contracts to purchase previously owned U.S. homes unexpectedly increased in February amid a decline in mortgage rates, but further gains are likely to be limited by the war in the Middle East that is raising oil prices and fanning inflation fears.
Terra Energy Center is pouring $1 billion into a deal for a planned coal project in Alaska, marking the first investment in new U.S. coal power in more than a decade. The in-principal agreement with Hyundai Heavy Industries Power Systems for an order of power-plant boilers was described in a U.S. Interior Department fact sheet Monday. The transaction is one of several that advanced during ...
When a mother from eastern Tennessee asked local police how someone had created naked photos of her teenage daughter, she recalls being told it was a company she’d never heard of: xAI, the artificial intelligence start-up run by Tesla CEO Elon Musk.
Cubans living in Miami and elsewhere will be able to invest and own private businesses on the island, the country’s deputy prime minister said Monday, confirming earlier reporting by the Miami Herald.
Global stocks rallied on Monday after three straight sessions of declines as oil prices retreated, though the recent surge in crude prices is likely to alter the inflation outlook and cause most central banks to hold at their policy meetings this week.
"Tax the Rich" is a popular mantra, but that relies on others to change the tax code. While you wait, experts suggest you take the tax code into your hands and instead, do your taxes like the rich.
Uber Technologies Inc. is launching a new chauffeur ride option targeting corporate and executive travelers, bolstering its $10 billion premium segment in a market where rival Lyft Inc. is also pushing further into high-end offerings.
Amazon.com (Nasdaq: AMZN) is a relentless innovator that has greatly benefited long-term shareholders. Its dominance in e-commerce and its growing revenue streams in advertising and cloud computing provide multiple ways for the company to increase the value of your investment over time.
WASHINGTON – The war in Iran is choking off oil and gas supplies and spiking energy prices around the world. And for many environmentalists, that’s a powerful argument for countries to curb their use of fossil fuels and shift to wind, solar and other renewable sources.
A cash-out refinance replaces your current mortgage with a new, larger one. It includes the remaining balance of your original loan plus an additional amount that you’ll withdraw in cash. This cash comes from your home’s equity.