On today's Tech Howl, Elon Musk is at it again. The CEO of SpaceX and Tesla is jumping into another seemingly altruistic cause, this time offering to pony up the cash to fix the water crisis in Flint, Michigan. And Apple has quietly released some updated versions of its MacBook Pro laptops. Finally, Fortnite is changing yet again.
(Bloomberg) -- Intel Corp., the biggest maker of personal computer processors, tumbled the most in almost four years on Friday after giving a lackluster forecast for the current period, indicating that it’s still struggling to return to the top tier of the chip industry. Most Read from BloombergJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingFed’s Preferred Core Inflation Gauge Rose at Brisk Pace in MarchHuawei’s New Pho
Alphabet reported Q1 earnings on Thursday that beat estimates. The company also announced its first-ever dividend.
Relentlessly rising auto insurance rates are squeezing car owners and stoking inflation. Auto insurance rates rose 2.6% in March and are up 22% from a year ago. Premium costs have been marching steadily higher since 2022, even as inflation at the consumer level steadily cooled from its 9.1% peak in the middle of that year.
Car-rental operator Hertz reported it lost another $200 million due to its EV gamble.
(Bloomberg) -- The metric Tesla Inc. told investors early last year was most important to its executives is in steady decline.Most Read from BloombergJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingFed’s Preferred Core Inflation Gauge Rose at Brisk Pace in MarchHuawei’s New Phone Runs Latest Version of Made-in-China ChipBillionaire Stephen Ross Believes in South Florida—and Is Spending Big to Transform ItThe carmaker rep
A Citi analyst contends Hermès is set to surpass its biggest competitor in the next few years and become the largest luxury fashion brand.
Donald Trump’s aides have drawn up secret plans to oust the chairman of the Federal Reserve and allow the president to set interest rates, according to reports.
This growth ETF has nicely outperformed the S&P 500 since its inception.
New worker protections, expanding labor unions and a strong job market are finally helping the typical worker get ahead. Americans aren't feeling it.
The property report includes 85 major metropolitan areas in the U.S. with populations of at least 750,000.