Breaking News: Business

Brad Gerstner says AI will be bigger than the internet, bigger than mobile

Altimeter Capital Chair and CEO Brad Gerstner is massively bullish on artificial intelligence, saying the power of the advanced technology…

Peloton shares soar on digital content, apparel partnership with Lululemon

Peloton and Lululemon are joining forces. The two companies announced a five-year partnership Wednesday that will bring Peloton’s content to…

CEO of private credit giant Ares says his firm is benefitting from rising rates

With the S&P 500 on pace for its worst monthly performance since December of last year, investors are increasingly turning…

Investors see 2023 gain as a bear market bounce and expect a recession next year, CNBC survey shows

A majority of Wall Street investors haven’t taken solace in stocks’ 2023 gains, thinking the market could retreat further as…

Miami man pleads guilty to selling adulterated, misbranded HIV drugs across U.S.

A Miami man pleaded guilty to distributing as much as $25 million worth of misbranded and adulterated HIV drugs that…

Biden’s visit to UAW picket line not influenced by Trump’s, White House says

WASHINGTON — President Joe Biden’s decision to join striking United Auto Workers in Detroit, Michigan, on Tuesday was not influenced…

Florida Gov. Ron DeSantis to debate Gov. Gavin Newsom of California on Fox News

Republican Gov. Ron DeSantis of Florida and Democratic Gov. Gavin Newsom of California are set to debate on Fox News…

Congress remains divided on budget negotiations as government shutdown looms: ‘Our financial ship is sinking’

Lawmakers over the weekend expressed few signs of movement on a budget resolution that would keep the U.S. government funded…

More than 75,000 Kaiser Permanente workers threaten strike if labor agreement not reached

More than 75,000 workers at the largest nonprofit health-care provider in the United States threatened Friday to strike if an…

UAW president invites Biden to join picket line as autoworker strikes expand to dozens of facilities

United Auto Workers President Shawn Fain on Friday invited President Joe Biden to join the picket line as striking workers…