A vast data center in Plano, Texas, is a symbol of the enormous AI infrastructure boom that has boosted stock markets and driven U.S. economic growth over the past year. The data center occupies more than 450,000 square feet and cost $1.6 billion to construct and equip. It supplies 30 megawatts of computing power to…
WASHINGTON (AP) — With the combination of the longest government shutdown, the mass firings of government workers and a fresh cut in federal food aid, the Capital Area Food Bank in Washington is bracing for the swell of people who will need its help before the holiday season. The food bank, which serves 400 pantries…
Elizabeth Cooney is a cardiovascular disease reporter at STAT, covering heart, stroke, and metabolic conditions. You can reach Liz on Signal at LizC.22. NEW ORLEANS — A cholesterol-lowering injection that’s been on the market for nearly a decade has now shown its power to cut cardiovascular events in people considered at high risk but who…
U.S. Transportation Secretary Sean Duffy holds a press conference on the impact of the government shutdown on air travel, at LaGuardia Airport in the Queens borough of New York City, U.S., October 28, 2025. Shannon Stapleton | Reuters Commercial air travel in the U.S. will be reduced to “a trickle” ahead of Thanksgiving as a…
My editors asked me not to do this. They really did. All of them. They knew their efforts would be in vain, though, because they know me. They knew once the thought entered my mind there was no stopping me. I was going to try eating the entire Taco Bell Mountain Dew Baja Blast Pie…
With bipartisan congressional talks to end the U.S. government shutdown bogging down on Friday, the hit to the national economy is growing, experts said. “Even if there is a reopening of the government in the next couple of weeks, you’re going to see a visible and permanent loss of economic activity as a result of…
Michael Burry Returns to Target AI Tech Bubble Pinups Nvidia (NVDA) and Palantir (PLTR) – TipRanks.com Advertisement Story Highlights Despite hedge-fund manager Michael Burry’s heavy bets against Nvidia and Palantir, the enduring strength of AI demand, expanding global data centers, and solid energy hedges still make a strong case for staying long — with prudent…
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Cg Tan | E+ | Getty Images Millionaires are increasingly dissatisfied with their wealth managers and accountants, but they prize their personal trainers and therapists, according to a new survey. Only a third of millionaires use a wealth advisor for their financial planning and 1 in 5 plan to fire their advisor due to high costs and poor service,…
Rivian has given its founder and CEO RJ Scaringe a new performance-based stock award that could ultimately be worth around $5 billion if all the underlying goals are met, according to a new filing. Scaringe’s salary is also being doubled to $2 million per year, and he was given a 10% stake in Rivian’s newest…
It’s been a brutal week for tech stocks, with AI-linked names tumbling across the board despite strong earnings from several industry leaders — a clear sign investors are starting to question whether the artificial intelligence boom has run too far, too fast. By midday Friday, the Nasdaq 100 – as tracked by the Invesco QQQ…
Consumer sentiment in the United States has fallen to a near-record low and Americans’ view of current economic conditions has deteriorated under President Donald Trump’s administration, which is overseeing and contributing to price increases, large-scale layoffs, looming insurance premium hikes, and devastating cuts to food aid. The University of Michigan’s closely watched Surveys of Consumers…
Wendy’s is set to close hundreds of locations across the United States. According to CNN, Ken Cook, interim CEO for the fast-food chain, announced Friday that a “mid single-digit percentage” of Wendy’s approximately 6,000 US locations could close, which equals about 200 to 350 restaurants. The closures will begin this year and continue through 2026,…
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Nvidia (NVDA +0.03%) has been the stock of the moment for several years already as its artificial intelligence (AI) chips drive advances in the industry. Nvidia stock is up 1,230% over the past three years alone, and it’s the first stock to reach $5 trillion in value. However, it looks like the future is still…
Consumers may be rattled by inflation and fears about the economy, but that hasn’t stopped them from flocking to Starbucks for the coffee chain’s latest limited offering: a 20-ounce cup shaped like a teddy bear. Starbucks unveiled on Wednesday its “Bearista Cold Cup,” selling for $29.95. The item sold out within hours, with some customers…
(Editor’s note: The future prices of benchmark tracking ETFs, the lede, and headline were updated in the story.) U.S. stock futures turned negative after initial positive moves on Friday following Thursday’s declines. Futures of major benchmark indices were lower. Thursday’s action was part of a broad selloff across Wall Street that saw U.S. stocks settle…
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NEW YORK (AP) — Consumer sentiment dropped to a three-year low and close to the lowest point ever recorded by the University of Michigan one month into the government shutdown, with pessimism over personal finances and anticipated business conditions weighing on Americans. The November survey showed the index of consumer sentiment at 50.4, down a…
Nikita YadavBBC News, Delhi Future Publishing via Getty Images Starting this week, millions of Indians will get one year of free access to ChatGPT’s new, low-cost “Go” AI chatbot. The move follows similar announcements in recent weeks from Google and Perplexity AI, who have partnered with local Indian mobile companies to give users a year…
The Mega Millions jackpot has soared to an estimated $900 million after there was no big winner in the latest drawing. About $843 million was up for grabs in Friday night’s drawing – the eighth largest jackpot in the history of the game. The next drawing is on Tuesday. It will have a cash option…
U.S. airlines canceled more than 2,500 weekend flights by Saturday evening as the Federal Aviation Administration’s mandate to reduce air traffic because of the government shutdown showed no signs of easing. The slowdown at many of the nation’s busiest airports did not cause immediate widespread disruptions. But it deepened the impact felt by the nation’s…
The deal caps a dramatic takeover battle in which Ozempic maker Novo Nordisk gatecrashed an earlier bid © FT montage/Getty Images Pfizer has clinched a deal worth up to $10bn to buy weight-loss start-up Metsera, capping a dramatic takeover battle after Ozempic maker Novo Nordisk tried to gatecrash its earlier bid. After a week-long bidding…
OpenAI has asked the Trump administration to revamp a Chips Act tax credit to help lower the cost of artificial intelligence infrastructure, as the startup explores additional ways the US government can support an industrywide data center build-out for AI. In a letter last week to White House Office of Science and Technology Policy Director…
Ever wished you could have a pie flavored like Mountain Dew’s bluest flavor? Well, even if you haven’t, Taco Bell has you covered. The fast food chain released its Baja Blast pie on Thursday, just in time for you to bring it to your Friendsgiving, the company said. Taco Bell first announced the Mountain Dew…
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Seven families filed lawsuits against OpenAI on Thursday, claiming that the company’s GPT-4o model was released prematurely and without effective safeguards. Four of the lawsuits address ChatGPT’s alleged role in family members’ suicides, while the other three claim that ChatGPT reinforced harmful delusions that in some cases resulted in inpatient psychiatric care. In one case,…
Miro Vrlik Photography/Shutterstock Once famous for its “Where’s the beef?” campaign, Wendy’s has announced it will be trimming some of the fat from its national footprint. On a recent quarterly earnings call, Interim CEO Ken Cook told investors the company plans to begin closing many locations that aren’t meeting sales expectations this year, with more…
MacKenzie Scott has been one of the biggest names in philanthropy in 2025. The billionaire novelist, philanthropist, and ex-wife to Amazon founder Jeff Bezos has donated hundreds of millions of dollars just in the past few months—but since 2020, she’s donated an eye-popping $19.25 billion. Scott came to much of her fortune through her connection…
The Federal Aviation Administration ’s unprecedented order to scale back flights nationwide because of the record-long government shutdown took effect Friday morning, with some passengers trying to figure out backup travel plans. Airlines scrambled to adjust their schedules and began canceling flights Thursday in anticipation of the FAA’s official order, while travelers with plans for…
A risk-off week on Wall Street is drawing to a close, with some of the most-expensive areas of the market driving stocks lower while a renewed slide in crypto leaves the asset class barely up for 2025. Equities fell on Friday, with the S&P 500 set to halt a streak of three weeks of gains…
Ohio-based Wendy’s is planning to close hundreds more stores just a year after shuttering 140 locations. Interim CEO Ken Cook told investors in a Friday, Nov. 7, quarterly earnings call that the fast-food company would be closing a “mid single-digit percentage” of locations. With around 6,000 locations still operating nationwide, this would amount to roughly…
Topline White House adviser Kevin Hassett said Friday the impact of the government shutdown is “far worse than we expected,” warning that the airline industry could have “at least a near-term downturn” if the shutdown drags on. Key Facts Hassett, the director of the National Economic Council, told Fox News the shutdown impacts are worse…