Business

It’s confirmed: Donald Trump is funny only when you’re laughing at him, not with him. The president, 79, bombed spectacularly while trying his hand at comedy on Saturday during the annual black-tie dinner at D.C.’s Alfalfa Club, an elite social club for some of the world’s most powerful figures, the Washington Post reported. Jeff Bezos,…

Based on reporting elsewhere, some of the judges viewed the classified report that was used to justify the order to halt construction, but they didn’t find it persuasive. In one case, the judge noted that the government wasn’t acting as if the security risks were real. The threat supposedly comes from the operation of the…

Disney reported solid results for its fiscal first quarter but also disclosed a $110 million hit from an autumn carriage fight with YouTube TV. Revenue for the quarter ended December 27 ticked up 5% from the year-earlier period to reach $25.98 billion. Diluted earnings per share came in at $1.63, excluding non-recurring items. Wall Street…

New York  —  Target’s business is in a slump, competition is bearing down and its hometown of Minneapolis is in crisis from massive federal immigration operations. It’s a fraught moment for a new CEO to start. Michael Fiddelke officially took over as Target’s chief executive Sunday. Fiddelke started his career at Target as an intern…

In this article CTRA DVN Follow your favorite stocksCREATE FREE ACCOUNT Devon Energy’s Jackfish Projects processing plant in Alberta, Canada. Jimmy Jeong | Bloomberg | Getty Images Oklahoma City-based Devon Energy and Houston’s Coterra Energy are merging in an all-stock deal to become a large-cap producer with a top position in the Permian Basin as…

Last week’s sell-off made shares cheaper than they’ve been in years. You know that expectations for a company are sky high when it can report a 60% year-over-year jump in profits, a 17% rise in revenue, a 45% increase in users of its flagship product, and $12.7 billion returned to shareholders that quarter … and…

The project will involve the purchase of key minerals such as rare earths, copper and lithium, which will be sourced by three partnered trading companies © Lauren Petracca/Bloomberg The US government will launch a $12bn critical minerals stockpile as part of its efforts to counter Chinese dominance over key metals and support domestic manufacturers during…

The US Department of Labor headquarters building is seen at dusk on June 21, 2024 in Washington, DC. J. David Ake | Getty Images News | Getty Images The Bureau of Labor Statistics will not be releasing the January jobs report as scheduled Friday due to the partial government shutdown, a department spokesman confirmed Monday….

Bitcoin’s BTC$78,937.14 price action looked strangely lethargic early last month even as traditional assets such as precious metals and equities pushed to fresh highs. The world’s largest cryptocurrency repeatedly failed to clear the $90,000 level — a stall that, in hindsight, foreshadowed the recent sharp sell-off to $75,000. STORY CONTINUES BELOW At the time, traders…

Business Insider tells the innovative stories you want to know Business Insider tells the innovative stories you want to know Business Insider tells the innovative stories you want to know Business Insider tells the stories you want to know about the world of business, technology, and finance Business Insider tells the stories you want to…

In the wake of Alex Pretti’s death at the hands of federal officers in Minneapolis, a growing number of corporate leaders, employees and Minnesota-based companies are speaking out. Some are condemning the fatal shooting and President Donald Trump’s broader immigration enforcement in the state. But the response has also exposed a familiar tension in corporate…

NEW YORK (AP) — U.S. stocks rose on Monday following sharp swings that shook financial markets overnight, including tumbles for Asian stocks. Gold and silver prices sank further following their latest wild moves. On Wall Street, the S&P 500 added 0.5% and snapped a three-day losing streak. The Dow Jones Industrial Average rose 515 points,…

Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. Last August, Adam Thomas found himself wandering the dunes of Christmas Valley, Oregon, after a chatbot kept suggesting he mystically “follow the pattern” of his own consciousness. Thomas was running on very little sleep—he’d…

Disney’s Magic Kingdom park in Florida. The company said it expected to repurchase $7bn of its own stock in 2026 © Joe Burbank/Orlando Sentinel via AP Higher guest spending at Disney’s theme park and cruise ship business pushed the company’s revenues higher in the last three months of 2025, but the company warned of potential…

Elon Musk insists xAI’s chatbot doesn’t break the law, but it’s still churning out nearly naked, sexualized images of men. Elon Musk insists xAI’s chatbot doesn’t break the law, but it’s still churning out nearly naked, sexualized images of men. Feb 2, 2026, 2:09 PM UTC Robert Hart is a London-based reporter at The Verge…

We’ve seen plenty of evidence suggesting that prolonged use of popular AI chatbots like ChatGPT can coax some users into spirals of paranoid and delusional behavior. The phenomenon, dubbed “AI psychosis,” is a very real problem, with researchers warning of a huge wave of severe mental health crises brought on by the tech. In extreme…

In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Disney reported quarterly revenue and earnings on Monday that topped analyst expectations, lifted by its theme parks, resorts and cruises segment.  The experiences unit reported more than $10 billion in quarterly revenue for the first time, CFO Hugh Johnston told CNBC.  Disney’s domestic theme parks…

AUSTIN, Texas, Feb. 1, 2026 /PRNewswire/ — Oracle Corporation (NYSE: ORCL) today announced its full calendar year 2026 plan to fund the expansion of its rapidly growing Oracle Cloud Infrastructure business. Oracle is raising money in order to build additional capacity to meet the contracted demand from our largest Oracle Cloud Infrastructure customers, including AMD,…

A study of affluent Chinese released this month by consulting firm Oliver Wyman found that 22% of respondents were negative about the economy when surveyed in May. It just exceeds the 21% seen in October 2022, just before Beijing announced plans to ease its stringent zero-Covid policy. Dukai Photographer | Moment | Getty Images South…

In this article .STOXX .SPX BTC.CM= .DXY XAU= XAG= Follow your favorite stocksCREATE FREE ACCOUNT Kevin Warsh, Fellow in Economics at the Hoover Institution and lecturer at the Stanford Graduate School of Business, speaks during the Sohn Investment Conference in New York City, U.S., May 8, 2017. Brendan McDermid | Reuters .ido-promo__content { box-sizing: border-box;…

Gold and silver fell on Monday as the reversal of a record-breaking rally in precious metals extended into a second week. Gold, which on Friday suffered its biggest one-day drop in more than 40 years, fell as much as 9 per cent in early trading, before rebounding to leave it down 4.5 per cent on…

By Katya Golubkova TOKYO, Feb 2 (Reuters) – Oil prices fell 3% on Monday as U.S. President Donald Trump said over the weekend Iran was “seriously ​talking” with Washington, signalling de-escalation with an OPEC member after risks of ‌a military strike drove prices to multi-month highs. Brent crude futures were down $2, or 2.9%, to…

Silver and gold fell on Monday, extending losses after a major sell-off at the end of last week. Spot silver was last down more than 6% to $78.86 per ounce. Spot gold lost more than 4%, sitting at around $4,662.43. Futures tied to silver rose 2% to $80.11. On Friday, they fell 28% for their…

The Wall Street Journal dropped a bombshell on Friday evening, reporting that Nvidia’s plan to invest up to $100 billion in OpenAI “has stalled after some inside the chip giant expressed doubts about the deal, people familiar with the matter said.” In September, the two sides announced a nonbinding letter of intent that would see…

Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Bitcoin’s latest slide exposed a familiar pattern in crypto markets: probability gauges…

Bitcoin’s BTC$78,798.47 price crash has shifted the market vibe, with bets on it sliding further now just as hot as moonshot plays over $100,000. The leading cryptocurrency by market value has dropped nearly 10% this week, reaching nine-month lows below $78,000, according to CoinDesk data. The price swoon has traders scrambling for put options, those…

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The director and creator of Ashes of Creation, the MMORPG brought to life via the $3.2 million donated by almost 20,000 backers in 2017, has quit “in protest” against decisions his board was making that he could “not ethically agree with or carry out”. Following a slew of unhappy messages from numerous people posted online…

Trump hosts the UAE’s national security adviser, Sheikh Tahnoon bin Zayed al-Nahyan, at the White House in March 2025 © Daniel Torok/White House/Alamy A crypto venture linked to Donald Trump accepted a half-billion-dollar investment backed by an Abu Dhabi royal days before the US president’s inauguration. The Trump family’s World Liberty Financial (WLF) in January…

How many of the companies with recent layoffs are truly adapting their workforces to the efficiencies and challenges of artificial intelligence? And how many of them were just using AI as an excuse to cover other problems? That’s the question posed by a New York Times article on the trend of “AI-washing,” where companies will…

On Sunday afternoon, residents across the southeast Denver metro area began reporting widespread outages. A resident near the substation on S. Abeline Circle shared a video with CBS Colorado that appears to capture an explosion and a large arc of electricity coming from the substation. He said the video was taken shortly after a larger…

Illustration by Tag Hartman-Simkins / Futurism. Source: Getty Images In a massive 20,000-word screed, Anthropic CEO Dario Amodei warned that AI will act as a “general labor substitute for humans.” Elon Musk has previously imagined a future where “probably none of us will have a job,” but where we’ll all have “universal high income.” Sam…