Former Fed, Treasury chiefs urge Supreme Court to block Trump firing Lisa Cook
President Donald Trump has said he wants to fire Fed Governor Lisa Cook because of allegations she committed mortgage fraud. She denies any wrongdoing.
CarMax stock plummets 20% following ‘challenging’ quarter
Shares of Carmax were down double-digits Thursday after the used auto retailer missed Wall Street’s quarterly earnings and revenue expectations.
Alphabet may become the biggest company in the world thanks to edge in AI, MoffettNathanson says
Google’s cloud growth and search-engine dominance will help it beat AI competitors, boosting Alphabet shares, according to the Wall Street researcher.
CoreWeave inks $6.5 billion deal with OpenAI
CoreWeave’s latest agreement with OpenAI brings the two companies’ total deal value to $22.4 billion.
Existing home sales stall in August amid higher mortgage rates
Sales of previously owned homes barely budged in August compared with July, as mortgage rates remained stubbornly high. Those rates are now lower.
Databricks commits to $100 million in OpenAI spending as high-valued startups team up in AI
Databricks plans to spend at least $100 million over multiple years on OpenAI models.
One of the last paths to student loan forgiveness under Trump — the IBR plan — is in trouble
Recent changes to the student loan system have left borrowers with fewer repayment options. And now a remaining affordable plan is in trouble, too.
Disney investors say handling of Jimmy Kimmel suspension put politics over shareholders, demand records
A group of Disney investors are seeking board materials, communications and policies related to the suspension of “Jimmy Kimmel Live!”
U.S. startup airline Breeze Airways plans first international flights
U.S. startup airline Breeze is planning to expand internationally next year to try to win over more customers in underserved markets.
Trump OMB orders preparation for mass firings of federal workers if government shuts down
The warning could ratchet up pressure on Congress to strike a deal to avert a government shutdown.