business news

‘Not just a fad’: Firm launches fund designed to capitalize on A.I. boom

A major ETF firm provider is betting the artificial intelligence boom is just starting. Roundhill Investments launched the Generative AI…

Time is running out to repay Covid-era 401(k), IRA withdrawals — and claim a tax refund

Retirement savers who withdrew money from their accounts in the early days of the Covid-19 pandemic may have just days…

U.S., China trade blame as hopes for military dialogue fade

U.S. Secretary of Defense Lloyd Austin rebuked China on Saturday for refusing to hold military talks, leaving the superpowers deadlocked…

Biden signs debt ceiling bill, avoiding a catastrophic economic default

WASHINGTON — President Joe Biden on Friday evening gave his first address from the Oval Office to discuss a bill to…

Crypto bill from Republicans lays out clear roles for SEC and CFTC

Republican lawmakers released a draft bill on Friday that would provide crypto assets and exchanges a clearer regulatory plan, allowing…

Stocks making the biggest moves midday: Lululemon, SentinelOne, T-Mobile, MongoDB and more

Check out the companies making headlines in midday trading. Lululemon — The athleisure apparel company rallied 11.3% on strong fiscal…

Unemployment dropped among Hispanic men and women in May but rose for Black workers

The U.S. unemployment rate rose in May, but declined for Hispanic workers, according to the latest nonfarm payrolls report. The…

Why wealthy Americans love UBS, the secretive Swiss banking giant

With its $3.2 billion acquisition of Credit Suisse, UBS is poised to climb the ranks of global mega banks. UBS…

Pence will not be charged in DOJ probe of classified documents found at his home

No charges will be filed against former Vice President Mike Pence in the Department of Justice investigation of classified documents…