News
Reddit shares up 48% in first day of trading
On its first day of trading, shares of the social media company Reddit were up 48%, indicating that investors may...
Home sales spiked 9.5% in February
Although housing analysts had been expecting a small drop in existing home sales, the market defied expectations and saw a...
U.S. sues Apple over alleged smartphone monopoly
The U.S. Justice Department has filed a lawsuit against Apple, claiming that the tech company uses its control of the...
Fed holds interest rates, but forecasts future cuts
In its March policy decision, Federal Reserve officials are keeping interest rates steady at 5.3%, where they have been since...
IRS to expand pursuit of high-wealth tax dodgers
Internal Revenue Service Commission Danny Werfel told the Associated Press that the agency plans to take more action in going...
EPA announces stronger vehicle emissions standards
In an effort to pressure automakers to shift toward making more electric vehicles, the Environmental Protection Agency shared new vehicle...
Google DeepMind co-founder joins Microsoft AI team
Microsoft is bringing Mustafa Suleyman, co-founder of Google DeepMind, on board as CEO of a new team that will manage...
JetBlue cuts routes, exits 5 cities
After efforts to acquire Spirit Airlines earlier this year were shot down, JetBlue Airways is attempting to reduce costs by...
Unilever to eliminate jobs and spin off ice cream unit
Consumer goods company Unilever announced Tuesday that it plans to spin off its ice cream division, which includes Ben &...
Homebuilder confidence rises to highest level since July
Despite high interest rates, homebuilder sentiment is positive for the first time since July 2023, according to the National Association...
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