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AI avatars in China just proved they are better influencers. It only took a duo 7 hours to rake in more than $7 million

Digital versions of human beings are now able to sell more than real people can, thanks to artificial intelligence, a recent business collaboration showed.

Published: 1 hour ago

Fed sees its preferred inflation gauge topping 3% this year, higher than previous forecast

FOMC officials expect the core personal consumption expenditures price index, which excludes food and energy, to increase at a 3.1% rate in 2025.

Published: 16 hours ago

Here's what changed in the new Fed statement

This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in May.

Published: 17 hours ago

Fed holds key rate steady, still sees two more cuts this year

The Federal Reserve on Wednesday released its decision on interest rates following its two-day meeting this week.

Published: 16 hours ago

Stocks making the biggest moves midday: Nucor, Sunrun, Affirm, Zoetis, Circle and more

These are the stocks posting the largest moves in midday trading.

Published: 19 hours ago

Trump says 'stupid' Powell 'probably won't cut' rates when Fed meeting ends Wednesday

In the latest in a series of attacks on Powell, Trump said the Fed's key borrowing rate should be at least 2 percentage points lower.

Published: 20 hours ago

This artificial intelligence subcategory is undergoing a 'golden age,' says long-time tech analyst Dan Ives

Wedbush Securities' Dan Ives, who launched an artificial intelligence ETF this month, tackles his top AI plays.

Published: 23 hours ago

Stocks making the biggest moves premarket: Sunrun, Korn Ferry, Oracle, Circle and more

These are the stocks posting the largest moves in premarket trading.

Published: 20 hours ago

Klarna CEO wants to turn the platform into a 'super app' with help from AI

The buy now, pay later giant's IPO may be on hold — but its business strategy remains the same, according to CEO Sebastian Siemiatkowski.

Published: 22 hours ago

Stocks making the biggest moves midday: Jabil, JetBlue, Sunrun, Valero, Verve Therapeutics and more

These are some of the stocks posting the largest moves in midday trading.

Published: 2 days ago

Stocks making the biggest moves premarket: Sunrun, Verve Therapeutics, T-Mobile and more

These are the stocks posting the largest moves in premarket trading.

Published: 2 days ago

JPMorgan Chase unveils new Sapphire Reserve card perks and $795 annual fee

JPMorgan, the biggest U.S. bank by assets, shook up the card industry with the launch of the Sapphire Reserve almost a decade ago.

Published: 23 hours ago

Nasdaq-traded Chinese herb stock with no revenues rallies 59,000% to top Lululemon in market value

The developer of traditional Chinese herbal treatments for childhood ADHD and autism is up roughly 59,000% year to date.

Published: 1 day ago

Citadel's Ken Griffin says playing defense almost always guarantees losses even in turbulent times

Griffin thinks cash would be a better place to hide out than what are often considered "safe trades" in a risk-off environment.

Published: 3 days ago

Stocks making the biggest moves midday: Meta Platforms, AMD, Cisco, Roku, MGM Resorts and more

Here are some of the stocks making the biggest moves in midday trading Monday.

Published: 3 days ago

Stocks making the biggest moves premarket: U.S. Steel, Roku, Celsius, Sarepta Therapeutics and more

These are some of the stocks posting the largest moves in early trading Monday.

Published: 3 days ago

Luxury credit card rivalry heats up as Amex, JPMorgan tease updates to their premier cards

The long-running rivalry between the country's top premium credit cards is about to heat up again.

Published: 3 days ago

China's May retail sales grow at fastest pace since December 2023 as subsidies help boost consumption

Growth in industrial output slowed to 5.8% year on year in May from 6.1% in the prior month.

Published: 3 days ago

Why aren’t Chinese consumers spending enough money?

China's consumer spending shows little sign of picking up soon, given uncertainty about future wealth, changing preferences and lack of a social safety net.

Published: 3 days ago

New ETF gives investors opportunity to act like private equity giant as shift away from public stocks picks up

Private markets are going to become a bigger part of investor portfolios as companies from SpaceX to OpenAI become corporate giants without an IPO.

Published: 4 days ago

China’s personal delivery market is on the rise. Only some are already making money

On-demand delivery has become a competitive market that logistics companies and e-commerce platforms have expanded into.

Published: 4 days ago

Israel-Iran attacks and the 2 other things that drove the stock market this week

Investors received good news on the inflation front on Wednesday and Thursday.

Published: 5 days ago

Power play: Two money managers bet big on uranium, predict long shelf life for gains

Sprott Asset Management and VanEck deliver their bullish cases for the radioactive metal.

Published: 5 days ago

This credit card behavior is an under-the-radar risk: 'Be very careful,' expert says

"Credit cycling" may lead credit card companies to cancel a user's card and forfeit their rewards, experts said.

Published: 5 days ago

Stocks making the biggest moves midday: Circle, Visa, Carnival, Halliburton, Adobe and more

These are the stocks posting the largest moves in midday trading.

Published: 6 days ago

Stocks making the biggest moves premarket: Chevron, United Airlines, Northrop Grumman, RH and more

These are the stocks posting the largest moves in premarket trading.

Published: 6 days ago

Fed’s inspector general is reviewing Trump administration’s moves to dismantle CFPB

Key oversight arms of the U.S. government are examining the whirlwind of activity at the CFPB after Trump's acting head Russell Vought took over in February.

Published: 7 days ago

GameStop shares tank more than 20% as retailer reveals convertible debt offering, trading cards plan

The video game retailer announced plans for a $1.75 billion convertible notes offering to partially fund its bitcoin purchase.

Published: 7 days ago

Stocks making the biggest premarket moves: Boeing, Oracle, GameStop, Voyager Technologies and more

These are some of the stocks posting the largest moves in premarket trading.

Published: 7 days ago

Trade tensions aren't stopping Chinese companies from pushing into the U.S.

Chinese companies are so intent on global expansion that even a new IPO on the mainland counts the U.S. as one of its biggest markets, on par with China.

Published: 1 week ago