Artificial intelligence playing a growing role in layoffs by US companies
Despite a steady labor market, many U.S. companies are under pressure to reduce costs because of global uncertainty linked to tariffs imposed by President Donald Trump. Finding out how artificial intelligence can make companies more efficient could lead to job losses.
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Read MoreOil prices leap 7% and US stocks slump more than 1% on worries about the crude market
NEW YORK — Oil prices leaped and stocks slumped Friday on worries that escalating violence following Israel’s attack on Iranian nuclear and military targets could damage the flow of crude around the world, along with the global economy.
The Standard & Poor’s 500 index fell 68.29 points, or 1.1%,
Read MoreWall Street’s rally stalls as US stocks post their 1st loss in 4 days
By STAN CHOE, AP Business Writer
NEW YORK (AP) — Wall Street’s rally stalled after stocks climbed back within 2% of their all-time high. The S&P 500 slipped 0.3% Wednesday, marking its first drop in four days. The Dow Jones Industrial Average ended little changed, and the Nasdaq composite lost 0.5%.
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Read MoreThe Number of Retirees Filing for Social Security Is Surging Under President Donald Trump — and It's an Ominous Warning
A record number of retired workers have filed for Social Security benefits during the first five months of the year.
Social Security represents more than just a monthly check for most retired Americans. It’s a financial foundation that many, admittedly, would struggle to live without.
In each of the previous 23 years,
The market's recovery to near-record high has been led by momentum stock 'freight train'
The “FOMO” trade is alive and well in markets once again.
Recent IPOs, like stablecoin issuer Circle (CRCL) and AI cloud company CoreWeave (CRWV), have both seen their stocks rise more than 100% since going public.
Shares of nuclear energy company turned AI play Oklo (OKLO) are up more than 70% in the past month.
Read MoreThe Burst
Market Commentary: Get Ready For Market Climax Top
Have you got your seatbelts on as this market thrusts higher like a rocket attempting to escape orbit?
Extraordinarily, the market is up 23% for the year, yet the vast majority of that gain has come in the space of just 6 weeks.
Back in early November, the chatter around where the S&P 500 would end up centered around bearish targets.
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Read MoreThe Ivy
1 Billion Reasons to Buy This Under-the-Radar Stock
Urban air mobility was once the stuff of sci-fi movies but in 2009 Joby was built to bring the future to the present. It has built an EV takeoff and landing aircraft that has won votes of confidence from the likes of manufacturing giant Toyota.
The big idea behind the firm is to reduce traffic congestion by making sustainable air transportation affordable and safe.
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Read MoreThe Spotlight
If You Could Only Buy 1 Stock, This Would Be It
Putting all your eggs in one basket is usually a bad idea, unless that basket is heavily diversified. Yet most companies fail the diversification test. Google is still largely a bet on advertising. Uber is mostly a bet on ridesharing and food delivery. And Netflix is a bet on streaming content. If even the titans of technology fail the diversification test,
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