The U.S. dollar climbed to a one-week high, buoyed by unexpectedly strong manufacturing activity and hawkish-leaning Federal Reserve commentary. The rally pressured major currency pairs and sent precious metals tumbling, as markets reassessed the timeline for potential interest rate cuts.
Polaris Inc. shares have surged over 55% in the past year, but a recent pullback has investors questioning whether the powersports leader remains a buy. Conflicting signals from valuation models paint a complex picture for the iconic brand.
Merck & Co. is laying the groundwork for its future in oncology beyond Keytruda, announcing a strategic investment in biotech Eikon Therapeutics and a major collaboration with diagnostic leader Guardant Health. The moves signal a targeted, partnership-driven strategy to bolster its pipeline and diagnostics capabilities in the competitive cancer therapy market.
A Fairfax County jury has convicted Brendan Banfield on two counts of aggravated murder for orchestrating the deaths of his wife and another man in a complex scheme with the family's live-in nanny.
Investment firm Hussman Strategic Advisors has liquidated its entire stake in TG Therapeutics, a move that comes as the biotech's stock lags behind broader market gains despite reporting strong revenue growth for its flagship product.
The arrest of BitRiver's founder on tax evasion charges coincides with an insolvency claim filed against the company, compounding pressures from sanctions, energy debts, and internal strife.
Amid widespread anxiety over AI-driven job losses, a new report from the Yale Budget Lab finds little evidence of large-scale labor market disruption, raising questions about whether 'AI-washing' is being used to justify corporate layoffs.
As Palantir Technologies reports a massive surge in U.S. government revenue, CEO Alex Karp publicly defends the company's controversial surveillance platforms, insisting they contain safeguards against overreach. The defense comes amidst growing public and political scrutiny over its contracts with immigration enforcement agencies.
A man wanted for a fatal shooting in Camarillo led authorities on a dangerous pursuit reaching speeds over 100 mph before being found deceased in his vehicle, officials confirm.
U.S. equities found firmer ground Tuesday, buoyed by a robust factory activity report. The rally unfolded as investors grow increasingly discerning about AI-related capital expenditures, creating clear winners and losers.
Elon Musk has formally merged his rocket company SpaceX with artificial intelligence firm xAI, a strategic consolidation aimed at creating a vertically integrated powerhouse focused on AI and space infrastructure, according to an internal memo obtained by Business Insider.
Record global investments in wind, solar, and EVs are paradoxically driving a surge in demand for coal, oil, and gas, as the production of essential materials like cement and steel remains locked into hydrocarbon-based economies, primarily in Asia.
Precious metals markets are reeling after their sharpest single-day decline since 1980, yet major Wall Street institutions reaffirm ambitious year-end price targets, citing enduring structural drivers.
Brendan Banfield has been convicted of the aggravated murder of his wife and a stranger lured through a fake BDSM encounter, a plot allegedly orchestrated with the family's live-in nanny who testified against him.
Elon Musk merges his space and AI ambitions under one roof as SpaceX finalizes the acquisition of xAI. The strategic move, combining Starlink, social platform X, and chatbot Grok, sets the stage for a landmark public offering and accelerates Musk's vision for off-planet data infrastructure.
The massive CityPlace complex in West Palm Beach is undergoing a strategic repositioning, attracting high-end fashion brands, tech giants like ServiceNow, and culinary destinations like Eataly to redefine the city's downtown core and capitalize on migration trends.
As large-cap stocks dominate headlines, a search for value turns to Asia's smaller players. We examine three companies—from logistics to tech to construction—that combine strong fundamentals with compelling valuations, offering potential for investors looking beyond the index giants.
Elon Musk merges his rocket company with his AI startup, arguing that the future of scalable artificial intelligence depends on moving its immense power demands off-planet.
The Trump administration unveiled plans for a strategic reserve of critical minerals, sparking a rally in domestic mining stocks and intensifying efforts to reduce reliance on China.
Elon Musk consolidates his space and AI ventures, creating a private sector titan valued at $1.25 trillion with an ambitious plan to address AI's energy demands by moving data centers into orbit.
