Elizabeth Warren has bold new plan to tax AI companies
There is a point where a number gets so large it stops feeling real. A billion dollars is hard enough to picture. Five trillion is just noise. That is roughly what one company is now…
Breakfast giant shuts plant, cuts 100s of workers
Breakfast cereal was once one of the easiest meals to sell in America. It was quick, cheap, colorful, and familiar. For generations, boxes of Corn Flakes, Froot Loops, Rice Krispies, Frosted Flakes, Raisin Bran, and…
The housing market may finally be favoring homebuyers
When I bought my current house a few years ago, we were up against several other buyers, one with an all-cash offer. Cash offers were pretty common back then. In a red-hot market, they can…
Jim Cramer sends blunt message on Micron, Nvidia, Amazon
The trillion-dollar club just welcomed a new member, and the host of CNBC’s “Mad Money” has thoughts about some names on the roster. Micron Technology’s stock surged 19% on May 26, pushing its market capitalization…
Morgan Stanley resets MongoDB stock price target after earnings
There is a specific kind of earnings report that is genuinely hard to read. The one that beats on revenue, raises full-year guidance, shows improving margins, but still leaves investors asking whether the most important…
Fidelity, Charles Schwab deliver major message on 401(k)s, IRAs
People striving to build financially secure retirements would be wise to pay close attention to guidance from financial services firms such as Fidelity and Charles Schwab on 401(k)s and individual retirement accounts (IRAs). Workers across…
Not all Marriott hotel chains are equal: Here are the ones to avoid
Marriott International has made itself a hospitality goliath, but some travelers might be surprised to learn that not every Marriott is made equally. In fact, when you examine Marriott’s portfolio in detail, it becomes clear…
Silicon Valley CEOs increasingly make major sacrifice as Al demand shifts
Every gold rush has its true believers and its skeptics. The believers see a new frontier, infinite upside, a future where the old rules no longer apply. The skeptics see the same hills, the same…
An unexpected corner of northern England is getting a new luxury hotel
While first-time visitors to the United Kingdom rarely venture farther beyond London and perhaps some famous nearby southern destinations such as Oxford or Stonehenge, many other parts of the country are seeing significant spikes in…
Michael Burry sees danger in Wall Street’s next big shift
Michael Burry, the “Big Short” investor, arguescrypto-style trading of stocks might leave ordinary investors exposed to hazards they don’t fully comprehend. Michael Burry is warning that Wall Street may be about to embark on a…