The AI trade has been easy to understand so far. Investors piled into chipmakers and model developers, betting that demand for compute and large language models would define the next cycle of growth. That bet…
I bought my first home in May 2022, and as a mortgage and real estate reporter, I knew that I was dealing with a May housing market unlike any preceding it. I was buying a…
Last month, Tesla took the first step towards getting Full Self-Driving (Supervised) approved across the European Union, following the Netherlands’ approval of its use on its streets. Getting a foot in the door was supposed…
For decades, actor Jet Li dazzled audiences with his athletic and acrobatic performances, blending graceful movement, lightning speed, and a killer sense of charisma. He introduced millions of new fans to the Chinese martial arts…
For months, the oil shock from the Strait of Hormuz closure has played out mostly in futures markets. Prices have surged. Traders have repositioned. But the physical barrels have kept moving, at least for now.…
Wealth, when it gets large enough, stops looking like money and starts looking like weather. It moves entire markets, bends entire industries, and reshapes the prices ordinary households pay without ever asking permission. We tell…
Imagine putting away $2,000 a year for retirement and watching the federal government drop another $1,000 into your account, with no strings attached from your employer. That scenario moved within reach of many more workers…
Estée Lauder is deepening its restructuring plan, delivering a difficult update to thousands of workers even as the beauty giant reports stronger sales and raises its annual outlook. The parent company of well-known, well-loved brands…
Every American learns where the Strait of Hormuz is at the worst possible moment. It is a 21-mile-wide bottleneck off the coast of Oman that, on a quiet week, carries one in five barrels of…
Roblox had a strong first quarter on paper. But what CEO David Baszucki said about the rest of the year sent investors running for the exit. The gaming platform postedfirst-quarter bookings of $1.7 billion, up…