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Dow closes lower by more than 370 points as inflation, growth worries resurface: Live updates

Stocks tumbled Thursday after the latest U.S. economic data showed a sharp slowdown in growth and pointed to persistent inflation.…

If you’re investing in the AI theme for the long haul, here’s how to pick the winners

Artificial intelligence has shaken up the investing landscape since the groundbreaking launch of ChatGPT in November 2022. Since then, investors…

Biden fund gets big donation from son of Republican megadonor Larry Ellison

David Ellison, the son of Republican megadonor Larry Ellison, gave $929,600 to back the reelection efforts of President Joe Biden,…

Biden warns on Beijing’s South China Sea moves in Philippines-Japan summit

Long-simmering tensions between China and its neighbors took center stage on Thursday as leaders of the U.S., Japan and the Philippines gathered at the White House…

Fed must get ‘more aggressive’ with rate cuts due to weakening jobs market, Canaccord’s chief market strategist says

The Federal Reserve may have new incentives in the second quarter to cut rates deeper this year. Canaccord Genuity’s Tony…

Amazon spends $2.75 billion on AI startup Anthropic in its largest venture investment yet

Amazon is making its largest outside investment in its three-decade history as it looks to gain an edge in the…

Two fresh ways to play the weight loss and megacap tech hype

A major exchange-traded fund provider is going deep on two popular plays: megacap tech and weight loss drug stocks. In…