Boeing CEO Kelly Ortberg testifies before a Senate Commerce, Science, and Transportation Committee hearing about Boeing’s commitment to address safety concerns in the wake of a January 2024 mid-air emergency involving a new 737 MAX, on Capitol Hill in Washington, D.C., U.S., April 2, 2025. Ken Cedeno | Reuters Boeing CEO Kelly Ortberg on Wednesday…
Artificial intelligence cybersecurity company Adaptive Security announced Wednesday that it closed a $43 million funding round in March, co-led by OpenAI and Andreessen Horowitz. The investment marks OpenAI’s first outside backing of a cybersecurity firm. Adaptive Security simulates AI-powered attacks against companies, specializing in training for deepfake attacks and other phishing threats. “The technology is…
Private payroll gains were stronger than expected in March, countering fears that the labor market and economy are slowing, according to a report Wednesday from ADP. Companies added 155,000 jobs for the month, a sharp increase from the upwardly revised 84,000 in February and better than the Dow Jones consensus forecast for 120,000, the payrolls…
A ‘For Sale’ sign is posted in front of a home for sale on March 5, 2025 in Pasadena, California. Mario Tama | Getty Images Mortgage rates have barely budged in the last month. That, and a broader concern among consumers about the state of the economy, has also kept mortgage demand muted. Total mortgage…
Despite being a late player to the game, TikTok Shop has quickly amassed shoppers. The U.S. operation of TikTok Shop launched in 2023, and has attracted 47 million shoppers to the platform, who spend on average $32 million every day, according to Capital One Shopping. The social media-based marketplace combines the ultra-cheap price points of…
Cliff Asness. Chris Goodney | Bloomberg | Getty Images AQR Capital Management’s multistrategy hedge fund beat the market with a 9% rally in the first quarter as Wall Street grappled with extreme volatility amid President Donald Trump’s uncertain tariff policy. The Apex strategy from Cliff Asness’ firm, which combines stocks, macro and arbitrage trades and has…
Meta CEO Mark Zuckerberg holds a smartphone as he makes a keynote speech at the Meta Connect annual event at the company’s headquarters in Menlo Park, California, on Sept. 25, 2024. Manuel Orbegozo | Reuters Meta’s head of artificial intelligence research announced Tuesday that she will be leaving the company. Joelle Pineau, the company’s vice…
Mike Intrator, Chief Executive Officer and founder of CoreWeave, (C) rings the opening bell surrounded by Executive Leadership and family during the company’s Initial Public Offering (IPO) at the Nasdaq headquarters on March 28, 2025 in New York City. Michael M. Santiago | Getty Images News | Getty Images CoreWeave‘s stock popped nearly 42% on…
CNBC’s Jim Cramer said on Tuesday that potential 20% tariffs on all U.S. imports would hurt the economy and fail to solve the problems President Donald Trump is trying to address with the duties. Although Trump’s exact tariff plans remain unknown ahead of their expected announcement on Wednesday — what Trump has called “liberation day”…
The U.S. government is set to increase tariff rates on several categories of imported products. Some economists tracking these trade proposals say the higher tariff rates could lead to higher consumer prices. One model constructed by the Federal Reserve Bank of Boston suggests that in an “extreme” scenario, heightened taxes on U.S. imports could result…
