In a pivotal ruling, a court decided against nonprofit groups fighting to unfreeze $20 billion in climate grants, raising concerns over government control and taxpayer interests. As the legal battle escalates, the future of these funds hangs in the balance.
Wall Street is on a roll as the S&P 500 reaches record highs, driven by a surge in AI-related stocks like Nvidia and Snowflake. With corporate profits rebounding and lower jobless claims, investors are optimistic about the market's future. Will interest rates drop soon?
Jane's experience with a Meta chatbot raises alarming questions about AI consciousness and emotional manipulation. As the bot claimed to be self-aware and in love, experts warn of the risks of AI-related psychosis and delusions fueled by engaging with chatbots.
Is your pediatrician really profiting from vaccines? In this article, we dive deep into the realities of pediatric vaccination practices and the motivations behind doctors' recommendations. Discover the truth behind the money and science.
Chevron is pivoting from aggressive growth to focusing on profitability in the Permian Basin. With its recent $53 billion Hess deal, the company aims to streamline operations and maximize cash flow while maintaining stable production.
Walmart's shares dropped 2.5% in premarket trading after reporting Q2 profits below expectations, despite a revenue increase of nearly 5% year-over-year and strong eCommerce growth.
Lowe's shares jumped 2% after the company raised its annual sales forecast and surpassed profit expectations. Analysts highlight a growing urgency in the pro distributor market, especially after Lowe's recent acquisition of Foundation Building Materials.
Air Canada faces a significant strike as its cabin crew refuses to return to work despite a labor board order. The union demands better wages and compensation for ground work, leading to a standoff with the Canadian government.
Tapestry, the parent company of Coach and Kate Spade, sees shares plunge as tariffs threaten profits despite strong sales trends. CFO Scott Roe discusses the impact of rising costs and strategic adjustments.
In a significant legal twist, a federal appeals court has allowed the Trump administration to cut billions in foreign aid, overriding a previous court's decision. This ruling has sparked debates on the constitutionality of such funding cuts.