A driver told investigators his Tesla was on Autopilot when it crashed through a home wall, killing a 76-year-old woman. The investigation is ongoing.
Posts published in “Business”
The U.S. Education Department announced a temporary 1% interest rate reduction for federal student loans, but not all borrowers will qualify automatically.
New Federal Reserve Chair Kevin Warsh is reducing the central bank's communication, including "forward guidance" on interest rates, a move analysts warn could increase market volatility and potentially lead to higher borrowing costs.
SpaceX's stock price has seen fluctuations following its IPO and the acquisition of AI coding agent Cursor, with analysts offering differing valuations for the company.
On Juneteenth, June 19, 2026, most retail stores and many services will operate normally, while banks and the stock market will be closed.
Market researcher Tom Essaye suggests that low valuations for some AI stocks could indicate investor apprehension about the sustainability of the data center boom, drawing parallels to the dot-com bubble.
Memory chip makers Micron and Sandisk have seen significant stock gains in 2026, with analysts predicting continued growth due to a severe supply shortage driven by AI infrastructure demand.
Accenture CEO Julie Sweet is calling for investor patience, stating that the company's AI transformation efforts, while promising, will take time to reflect in financial results amid a significant stock price decline.
Federal Reserve Chairman Kevin Warsh advocated for a shift where financial markets guide the central bank's policy decisions, rather than the Fed directing markets.
SpaceX's stock has surged 58% from its IPO price, with investors now debating whether to buy in amidst its early momentum, driven by future growth potential in Starlink and AI.