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Back-to-school spending persists despite economic pressure, consumer survey says

Families are not holding back on back-to-school spending this year, despite growing economic pressure, according to a new PwC consumer survey.

Industry Two days ago

Ambarella shares soar 17% on report chip designer is exploring sale

The California-based company is known for its system-on-chip semiconductors and software used for edge artificial intelligence.

Industry Two days ago

Ambarella shares soar 19% on report chip designer is exploring sale

The California-based company is known for its system-on-chip semiconductors and software used for edge artificial intelligence.

Industry Two days ago

Ambarella shares soar more than 20% on report chip designer is exploring sale

The California-based company is known for its system-on-chip semiconductors and software used for edge artificial intelligence.

Industry Two days ago

Nvidia CEO Huang sells $15 million worth of stock, first sale of $873 million plan

The sales are the first stop in Huang’s plan adopted in March to sell as many as 600,000 shares of the AI company through the end of the year.

Industry Two days ago

Judge rules Anthropic did not violate authors' copyrights with AI book training

The decision is a major win for AI companies as legal battles play out over the use and application of copyrighted works in LLMs

Industry Two days ago
Trump Slams "Dumb" Fed Chair As Powell Shrugs Off Dovish Colleagues, Reiterates "No Rush" To Cut

Trump Slams "Dumb" Fed Chair As Powell Shrugs Off Dovish Colleagues, Reiterates "No Rush" To Cut

In his prepared remarks ahead of this morning's Humphrey-Hawkins testimony to Congress, Fed Chair Po

Industry Two days ago

Home price hikes are slowing more than expected

Home prices are starting to weaken due to higher mortgage rates, more supply on the market and waning demand from homebuyers concerned about the economy.

Industry Two days ago

Senate version of Trump's budget bill would raise the debt ceiling by $5 trillion—what it could mean for your wallet

Senate Republicans back a $5 trillion debt ceiling increase — the largest ever — but experts say its unlikely to raise borrowing costs in the short term.

Industry Two days ago

McDonald's and Krispy Kreme will end doughnut partnership next month

Krispy Kreme and McDonald’s are ending their collaboration for good, saying the deal was not profitable for the doughnut chain.

Industry Two days ago

Average 401(k) savings rates are at record-high levels. How figures compare to popular benchmarks

The average 401(k) savings rate is at record-high levels, according to a Vanguard report. See how the current rate compares to the recommended benchmarks.

Industry Two days ago

This summer expense could cost you around $200 a month—6 tips to save

Air conditioning costs are expected to rise by 4% this summer, according to the Energy Information Administration. Here’s how experts advise to save.

Industry Two days ago

This summer expense could cost you around $200 a month — 6 tips to save

Air conditioning costs are expected to rise by 4% this summer, according to the Energy Information Administration. Here’s how experts advise to save.

Industry Two days ago

The U.S. gained 1,000 millionaires a day on average in 2024, new report finds

The number of millionaires in the U.S. is growing, but those who are already wealthy are still seeing the fastest gains.

Industry Two days ago

The top private and public colleges for financial aid — 5 offer average scholarships of more than $50,000

These are the public and private colleges with the most generous financial aid packages in 2025, according to The Princeton Review.

Industry Two days ago

The number of everyday millionaires' has quadrupled in the last 25 years, new data shows

The number of millionaires in the U.S. is growing, but those who are already wealthy are still seeing the fastest gains.

Industry Two days ago

Amazon bringing faster delivery to thousands of small towns and cities

Amazon previously said it would spend $4 billion by the end of 2026 to triple the size of its rural delivery network.

Industry Two days ago

Powell emphasizes Fed's obligation to prevent ongoing inflation problem' despite Trump criticism

The cautious tones from Powell could further antagonize President Donald Trump, who has ramped up his long-standing criticism of Powell.

Industry Two days ago

Uber, Waymo robotaxi service opens to passengers in Atlanta

Waymo robotaxis became available to users in Atlanta on Tuesday as part of a partnership with Uber.

Industry Two days ago

Google could face changes to search in the UK as regulators crack down

Britain’s Competition and Markets Authority said it’s consulting on a proposal to give Google “strategic market status.”

Industry Two days ago
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