Sign on facade at shoe company Allbirds, Walnut Creek, California, August 25, 2025. Smith Collection | Archive Photos | Getty Images Allbirds is among the latest crop of companies pivoting to AI in a bid to capitalize on the burgeoning tech boom set off by ChatGPT’s debut in late 2022. A day after Allbirds’ rebrand,…
SpaceX (SPCX) stock fell on Wednesday for the first time since the company went public, breaking a three-session winning streak that had pushed Elon Musk’s rocket and AI venture into the upper tier of the world’s most valuable companies. The stock ended down nearly 5%, trimming a debut rally that had at one point reached…
CEO of OpenAI Sam Altman (L) and U.S. President Donald Trump attend a working lunch with G7 leaders, G7 outreach partners, and global tech CEOs on innovation and AI, during the G7 Summit on June 17, 2026 in Evian-les-Bains, France. Anna Moneymaker | Getty Images Chiefs of the world’s leading AI companies are descending on…
Light rail isn’t a long walk away from the project site. Four years ago in Lynnwood, making a contrarian bet on the office market, Nitze-Stagen acquired the Northview Center building for $46 million. That’s south of the freeway, at Exit 181A. There’s lots of parking. Then, north of the freeway,…
Honda Motor Co. vehicles bound for shipment at a port in Yokohama, Japan, on Thursday, Feb. 6, 2025. In Japan, nominal wages rose at the fastest pace in nearly three decades in December, supporting the Bank of Japan’s latest rate hike decision and keeping the bank on track for further tightening steps. Photographer: Toru Hanai/Bloomberg…
Most people will make thousands of money decisions over a lifetime — about budgeting, borrowing, saving and investing — yet few ever take a class on how to make them well. This fall, Seton Hall University is changing that with a new undergraduate course built to give students the knowledge and confidence to navigate their…
Wells Fargo raised its 2026 year-end S&P 500 target to 7,950, citing upside from corporate earnings strength and a preliminary U.S.-Iran deal, the Wall Street brokerage said in a note dated June 15. Source link
The US and Iran are preparing to formally sign their interim peace deal in Switzerland on Friday, with both sides claiming victory and oil traders and shippers unsure over how quickly the Strait of Hormuz will be reopened. Source link
NEW YORK (AP) — Shoppers increased their spending in May as temperatures warmed and gasoline prices cooled. Retail sales rose a better-than-expected 0.9%, up from a revised 0.4% gain in April, according to new Commerce Department data released Wednesday. Sales got a boost from generous government … Source link
(Bloomberg) — The US and Iran are preparing to formally sign an interim peace deal that has left both sides claiming victory, with details of the accord still emerging and energy insiders skeptical of how fast it can reopen the Strait of Hormuz. Most Read from Bloomberg The text of the so-called memorandum of understanding…
