Meta CEO Mark Zuckerberg is admitting to missteps in a newly leaked memo, following the company’s significant workforce changes over the past year as it pours billions of dollars into developing artificial intelligence infrastructure.  These changes include Meta’s decision last year to axe roughly 3,600 jobs after Zuckerberg warned employees in a memo that he […]

Every month, Bank of America surveys some of the world’s largest institutional investors to build a picture of how professional money managers see the global economy. The latest edition of that survey landed with a specific number that stood out: Equity allocations had jumped to 50% overweight from 13% the prior month, the steepest single-month

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this collection The official start to summer is almost here, and we’ve never been more ready to fully lean into the season. And what better way to give

Jeffrey Fleck, Executive Director of the West Virginia Consolidated Public Retirement Board discusses how West Virginia transformed its public pension landscape. In this conversation you’ll hear the history behind closing the Defined Contribution (DC) plan in 1991, reopening the Defined Benefit (DB) plan in 2005, and the large-scale transfer of members back to DB —

Most Americans say improving their credit score is a priority, yet a striking number cannot explain the specific behaviors that move the number. A spring 2026 Harris Poll survey for FICO found that 83% of consumers consider maintaining or improving their score a priority this year. The same research revealed a deeper problem beneath that

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal There are plenty of ways to upgrade your outdoor space. Patio sets offer comfortable seating, while canopies provide shade from the summer sun. But if you

Chipotle’s (CMG) biggest stock-market problem may not be burritos, menu prices or slowing comparable sales. It might be investor skepticism. Bank of America thinks the restaurant business is demonstrating a demand pattern that might be significant for the beaten-down growth brands, including Chipotle Mexican Grill. Consumers still prefer to cut restaurant wallet share when gas

Marvin Jung, a 51-year-old retail investor, requested 1,000 shares of SpaceX through Robinhood ahead of the largest initial public offering on record and received only 17 shares, according to CNBC. Jung sold the position at $160, telling CNBC he plans to revisit the stock once the lockup period ends. SpaceX priced its Nasdaq debut at

For most of the past four months, the story around Chevron (CVX) has been told through oil prices, Hormuz disruption data, and supply shock warnings. CEO Mike Wirth has been a fixture of that coverage, warning about inventory drawdowns and the inadequacy of the futures market’s pricing. The conversation this week shifted to a different

Opendoor built its business around the simple idea of making home sales faster, easier, and less stressful. The real estate technology company lets homeowners request cash offers online, avoid some of the uncertainty of traditional listings, and close more quickly.  But behind that consumer-facing pitch is a complicated operation. Opendoor buys homes, prices them, repairs