Blog

Apple is a ‘hidden AI play’ because its products will be central hubs for AI apps, ‘Big Short’ investor Steve Eisman says

Apple is the ‘hidden AI play,’ as its hardware will be the key hub for AI apps, Steve Eisman told…

A majority of Americans polled believe the economy is in a recession — but it isn’t

A majority of Americans polled by Harris believe the US is already in an economic recession. About half of Americans…

Stocks making the biggest moves midday: Target, Urban Outfitters, Tesla, Shopify and more

Check out the companies making headlines in midday trading: Target — Shares of the retailer pulled back more than 8%…

Stocks are ‘going nowhere’ for the next decade as inflation sticks around and US debt balloons, CIO says

The stock market will see dismal returns for the next 10-15 years, investing vet Bill Smead said.  The Smead Capital…

UK Prime Minister Rishi Sunak calls July 4 general election

LONDON — U.K. Prime Minister Rishi Sunak on Wednesday called for a general election to take place on July 4,…

Most Americans falsely think the U.S. is in recession, poll shows

More than half of Americans think the United States is in an economic recession, although gross domestic product has been…

Citi fined $78 million after a European trader’s fat-finger trade caused a flash crash in stocks

A trading mistake at Citigroup in 2022 has led to a $78 million fine against the bank. The “fat-finger” trade…

Young people’s use of diabetes and weight loss drugs is up 600 percent 

Researchers have clocked a rapid surge of young people receiving popular diabetes and weight loss drugs.  From 2020 to 2023,…

Two distinct neural pathways may make opioids like fentanyl so addictive

Fentanyl’s powerful pull comes from both the potent, rapid euphoria people feel while on the drug and the devastating symptoms…

Here’s how ice may get so slippery 

The surface of ice is a slippery subject. For more than 160 years, scientists have been debating the quirks of…