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Business

14795 posts
  • Business

Silicon Valley was built on public money — now it’s fighting California’s billionaire tax

Silicon Valley was built on public money — now it’s fighting California’s billionaire tax
“Cyberselfish” author says tech elite believe that taxes are for “little people.”
  • CitiGist
  • June 6, 2026
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Busted AI budgets at Uber, Microsoft and Nvidia spur hiring — because human workers are cheaper

Busted AI budgets at Uber, Microsoft and Nvidia spur hiring — because human workers are cheaper
Uber blew its entire 2026 AI budget by April. Here’s why replacing…
  • CitiGist
  • June 6, 2026
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  • Business

The blowout jobs report is bad news for stocks — but it shouldn’t force the Fed’s hand on interest rates

The blowout jobs report is bad news for stocks — but it shouldn’t force the Fed’s hand on interest rates
Rate hikes now will choke off the critical investments needed to lower…
  • CitiGist
  • June 6, 2026
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The U.S. stock market is facing historic downside risk — these 10 low-volatility stocks can protect your portfolio

The U.S. stock market is facing historic downside risk — these 10 low-volatility stocks can protect your portfolio
Low-volatility stocks give investors a smoother ride — and they are beating…
  • CitiGist
  • June 6, 2026
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Can SpaceX live up to Wall Street’s multitrillion-dollar hype?

Can SpaceX live up to Wall Street’s multitrillion-dollar hype?
As SpaceX prepares for the biggest public debut in history, some analysts…
  • CitiGist
  • June 6, 2026
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Apple’s WWDC will be a make-or-break moment for the company’s fledgling AI strategy

Apple’s WWDC will be a make-or-break moment for the company’s fledgling AI strategy
At Monday’s keynote, Apple will get a second chance to show users…
  • CitiGist
  • June 6, 2026
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  • Business

These stocks fell the most Friday as Big Tech took a dive

These stocks fell the most Friday as Big Tech took a dive
Chip makers dominated the list of the day’s biggest losers among the…
  • CitiGist
  • June 6, 2026
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  • Business

First Google, now Meta? Big Tech may increasingly sell stock to bankroll $820 billion AI boom.

First Google, now Meta? Big Tech may increasingly sell stock to bankroll $820 billion AI boom.
Stock investors may not love it — but bond investors already heavily…
  • CitiGist
  • June 6, 2026
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  • Business

Marvell gets a spot in the S&P 500 — along with this data-center play

Marvell gets a spot in the S&P 500 — along with this data-center play
The new additions beef up the IT sector’s presence within the benchmark…
  • CitiGist
  • June 6, 2026
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  • Business

Bitcoin is suffering from an ‘attention’ deficit, as momentum traders have moved on

Bitcoin is suffering from an ‘attention’ deficit, as momentum traders have moved on
“The AI trade is sucking the blood out of crypto,” one analyst…
  • CitiGist
  • June 6, 2026
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  • Business

S&P 500 sees $1.8 trillion wipeout, Nasdaq tallies biggest point drop on record: What investors need to know about Friday’s selloff

S&P 500 sees $1.8 trillion wipeout, Nasdaq tallies biggest point drop on record: What investors need to know about Friday’s selloff
A remarkable two-month sprint higher for major stock-market indexes encountered its first…
  • CitiGist
  • June 6, 2026
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  • Business

We thought we found the perfect luxury retirement community, but it’s millions of dollars in debt. Are we trapped?

We thought we found the perfect luxury retirement community, but it’s millions of dollars in debt. Are we trapped?
“If we were to leave, we would lose a portion of our…
  • CitiGist
  • June 5, 2026
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  • Business

Marvell, Micron shares tumble as the chip sector suffers its worst day in 6 years

Marvell, Micron shares tumble as the chip sector suffers its worst day in 6 years
Investors are cooling on momentum stocks and considering the implications of a…
  • CitiGist
  • June 5, 2026
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  • Business

For the first time ever, an S&P 500 ETF has over $1 trillion in assets. Here’s why that should worry you.

For the first time ever, an S&P 500 ETF has over $1 trillion in assets. Here’s why that should worry you.
Welcome to the age of trillions.
  • CitiGist
  • June 5, 2026
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  • Business

Nearly half of workers 55 and older don’t plan on using AI in their jobs. How to make it work for you.

Nearly half of workers 55 and older don’t plan on using AI in their jobs. How to make it work for you.
Workers can learn more about applying AI to their jobs even on…
  • CitiGist
  • June 5, 2026
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  • Business

This credit-card pointsmaxxer booked a $16,000 first-class Emirates flight for $400 — and you can, too

This credit-card pointsmaxxer booked a $16,000 first-class Emirates flight for $400 — and you can, too
It’s trickier to find good deals with airline miles, but it’s still…
  • CitiGist
  • June 5, 2026
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  • Business

If the semiconductor rally loses steam, it’s retail investors who could get hurt the most

If the semiconductor rally loses steam, it’s retail investors who could get hurt the most
May was the strongest month of the year for buying by retail…
  • CitiGist
  • June 5, 2026
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  • Business

Here’s what wild single-stock price swings may signal for your index fund

Here’s what wild single-stock price swings may signal for your index fund
Also in Weekend Reads: The latest on SpaceX and other IPOs, a…
  • CitiGist
  • June 5, 2026
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  • Business

DOGE wanted to declare 2.7 million people ‘dead’ at Social Security: Whistleblower

DOGE wanted to declare 2.7 million people ‘dead’ at Social Security: Whistleblower
This is the third whistleblower to come forward about alleged illegal activity…
  • CitiGist
  • June 5, 2026
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  • Business

Elon Musk needs the cultish support of everyday investors to pull off the massive SpaceX IPO

Elon Musk needs the cultish support of everyday investors to pull off the massive SpaceX IPO
“They’re going to have to own it”: Elon Musk wants retail investors…
  • CitiGist
  • June 5, 2026
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  • Business

Bulls declare victory in AI debate, but two classic signs of a market top are looming

Bulls declare victory in AI debate, but two classic signs of a market top are looming
The trend of ‘capex recycling’ is considered a problem by a TS…
  • CitiGist
  • June 5, 2026
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  • June 6, 2026
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Only 5 Harry Potter Characters Are More Powerful Than Lord Voldemort

Lord Voldemort (Ralph Fiennes) is the primary antagonist of the Harry Potter…
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  • June 6, 2026
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