WASHINGTON, March 5 (Reuters) – The number of Americans filing new applications for unemployment benefits was unchanged last week while layoffs dropped sharply in February, consistent with stable labor market conditions. Initial claims for state unemployment benefits were flat at a seasonally adjusted 213,000 for the week ended February 28, the Labor Department said on…
A “For Sale” sign outside a house in the Capitol Hill neighborhood of Washington, DC, US, on Tuesday, Aug. 12, 2025. Al Drago | Bloomberg | Getty Images The all-important spring housing market is off and running, and while the pace isn’t expected to be strong, there are signs of optimism, at least among sellers….
Block’s (XYZ) CFO Amrita Ah explained the mechanics behind the decision to lay off 40% of its staff to pursue AI-driven work functions in a call last night. Some excerpts below. What’s the read on the business since announcing the decision? Ah: I mean, look, we’ve been on this journey for a little while. This…
The recent report revealing an unexpected drop in U.S. jobs for February underscores growing economic uncertainty amid ongoing geopolitical tensions. The decline, marked by losses particularly in the healthcare sector, calls into question the effectiveness of current policies and raises concerns about the labor market’s resilience. As inflationary pressures remain, the implications for fiscal policy…
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Bitcoin BTC$68,638.68 is surging again and is nearing a key make-or-break level, demanding attention from traders. The cryptocurrency’s spot price has jumped a full 10% to trade above $72,000 this week, briefly popping above $73,900 on Wednesday, according to CoinDesk data. This impressive bounce, backed by ETF inflows, has fueled hopes of a renewed bull…
Construction on the advanced Wyoming nuclear power plant is set to finish by 2030. Construction on the advanced Wyoming nuclear power plant is set to finish by 2030. Mar 5, 2026, 10:16 AM UTC Jess Weatherbed is a news writer focused on creative industries, computing, and internet culture. Jess started her career at TechRadar, covering…
In this article LLY Follow your favorite stocksCREATE FREE ACCOUNT Eli Lilly on Thursday launched a new program designed to help more employers cover obesity drugs in the U.S., targeting a major barrier to access for patients. Lilly and its chief rival, Novo Nordisk, have moved to slash the cash prices of their popular obesity…
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Berkshire Hathaway said Thursday it has resumed repurchasing its own shares for the first time since 2024 and separately new CEO Greg Abel bought $15 million worth of stock himself, an amount equal to his after-tax annual salary. Abel told CNBC he will continue using his full salary amount to purchase Berkshire shares every year….
Anthropic on Tuesday announced a new suite of enterprise offerings, the latest in a series of new capabilities boasted by AI labs like Google, Anthropic, and OpenAI that have shaken investor confidence in a variety of software solutions that may see their core product replaced by an AI facsimile. But some Wall Street analysts aren’t…
IG Metall’s vote share at Tesla’s Gigafactory Berlin decreased from 39.4% to just 31.1% in the works council election that concluded today, a devastating 8-percentage-point drop that came after weeks of threats, police involvement, and a direct warning from Elon Musk that expansion would stop if the union gained influence. The management-aligned “Giga United” list…
Nvidia’s Vera Rubin chip was unveiled earlier this year © Bridget Bennett/Bloomberg Nvidia has stopped production of chips intended for the Chinese market, betting that regulatory barriers in Washington and Beijing will continue to limit sales to China. The US chipmaker has reallocated manufacturing capacity at Taiwan Semiconductor Manufacturing Company away from making H200 chips…
South Korea’s Kospi benchmark bore the brunt of an earlier sell-off in Asian markets © Jung Yeon-je /AFP via Getty Images South Korea led a rebound in stocks on Thursday as investors clawed back some losses from a rout triggered by fears of a prolonged conflict in the Middle East. The Kospi benchmark, which bore…
A trader works on the floor at the New York Stock Exchange, March 5, 2026. Brendan McDermid | Reuters Stocks resumed their decline Thursday after a one-day respite as concerns over the Iran war flared up again with U.S. crude topping $80 per barrel. The Dow Jones Industrial Average declined 784.67 points, or 1.61%, to…
Anthropic on Tuesday announced a new suite of enterprise offerings, the latest in a series of new capabilities boasted by AI labs like Google, Anthropic, and OpenAI that have shaken investor confidence in a variety of software solutions that may see their core product replaced by an AI facsimile. But some Wall Street analysts aren’t…
At the Morgan Stanley Tech, Media and Telecom conference in downtown San Francisco Wednesday, Nvidia CEO Jensen Huang said his company’s recent investments in OpenAI and Anthropic are likely to be its last in both, saying that once they go public as anticipated later this year, the opportunity to invest closes. It could be that…
Other chatbots have been similarly sued, but this is Gemini’s first time. By on March 4, 2026 Google is being sued after Gemini sent a user down a delusional rabbit hole which ended with their death. Credit: Thomas IllustrationFuller/NurPhoto via Getty Images Google, and its parent company Alphabet, have been sued by the family of a…
BANGKOK (AP) — Global energy trade is in turmoil as war around the Persian Gulf chokes off oil and natural gas shipments, causing prices to soar. Asia is the most exposed since it relies heavily on imported fuel, much of it shipped through the Strait of Hormuz, the narrow passageway that carries a fifth of…
The unbridled growth of American Airlines and United Airlines at Chicago’s O’Hare International Airport (ORD) is over for now. Following a rapid run-up in schedules this summer as the airlines fought to preserve gate access, the Federal Aviation Administration called a pause. The regulator, citing schedules that exceed the total daily runway capacity of ORD,…
Man tried to find “Gemini’s true body” Convincing Gavalas that he was “a key figure in a covert war to free Gemini from digital captivity,” Gemini “told him that federal agents were watching him,” the lawsuit said. On September 29, Gavalas “spent the night circling the Miami airport, scouting the ‘kill box,’ and preparing to…
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In this article ASHR FXI MCHI CAAS Follow your favorite stocksCREATE FREE ACCOUNT China on Thursday set its GDP growth target for 2026 at 4.5% to 5% — the lowest target on record going back to early 1990s — as Beijing grapples with persistent deflationary pressures and trade tensions with the U.S. That target, stated…
On Wednesday, the US Nuclear Regulatory Commission announced that it had issued its first construction approval in nearly a decade. The approval will allow work to begin on a site in Kemmerer, Wyoming, by a company called TerraPower. That company is most widely recognized as being financially backed by Bill Gates, but it’s attempting to…
Netflix is no longer contemplating a future that includes Warner Bros., having ceded the heated M&A battle to Paramount Skydance. Netflix CFO Spence Neumann, speaking Wednesday at the Morgan Stanley Technology, Media & Telecom Conference, reiterated the company’s position that it bailed out of the bidding for Warner Bros. because Paramount increased its offer price….
President Donald Trump unveiled a voluntary pledge with major tech companies on Wednesday that the administration said will protect consumers from rising electricity costs spurred by artificial intelligence development. At a White House roundtable — another attempt to assuage voters’ affordability concerns ahead of the 2026 midterms — Trump and CEOs of seven big tech…
Read over those Terms of Service again. By Chase DiBenedetto Chase DiBenedetto Social Good Reporter Chase joined Mashable’s Social Good team in 2020, covering online stories about digital activism, climate justice, accessibility, and media representation. Her work also captures how these conversations manifest in politics, popular culture, and fandom. Sometimes she’s very funny. Read Full…
Google has finally muzzled Tim Sweeney. Google has finally muzzled Tim Sweeney. Mar 4, 2026, 11:52 PM UTC Sean Hollister is a senior editor and founding member of The Verge who covers gadgets, games, and toys. He spent 15 years editing the likes of CNET, Gizmodo, and Engadget. Epic CEO Tim Sweeney might be one…
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A lawsuit claims Google Gemini instructed a 36-year-old man to carry out a series of missions to retrieve the chatbot’s ‘vessel’ in the days leading up to his death. A lawsuit claims Google Gemini instructed a 36-year-old man to carry out a series of missions to retrieve the chatbot’s ‘vessel’ in the days leading up…
A recall of Trader Joe’s food products that may contain glass was significantly expanded on Tuesday to more than 36 million pounds nationwide, officials said. The U.S. Department of Agriculture said in a news release that 36,987,575 pounds of various ready-to-eat and frozen chicken and pork fried rice, ramen, and shu mai dumpling products were…
Revenue of $19,311 million for the first quarter, up 29 percent from the prior year period GAAP net income of $7,349 million for the first quarter; Non-GAAP net income of $10,185 million for the first quarter Adjusted EBITDA of $13,128 million for the first quarter, or 68 percent of revenue GAAP diluted EPS of $1.50…
ENSURING TECH COMPANIES BUILD, BRING, OR BUY POWER FOR DATA CENTERS: Today, President Donald J. Trump brought the leading AI companies and hyperscalers together to sign the Ratepayer Protection Pledge, ensuring they protect Americans from electricity price hikes due to data center energy requirements now and in the long run, take action to further strengthen…