Business

With General Motors pulling the plug on Cruise, every American automaker except Tesla has called it quits on robotaxis

Automakers like Ford Motors and Volkswagen had also once made big, billion-dollar bets on the future of ridehail—only to walk ...

Morals and human-level judgement are among the things that AI tech cannot do, experts say 

A trio of AI experts and technologists discussed where humans have it over on AI during Fortune’s Brainstorm AI conference ...

Tesla stock hits record high as Trump-fueled rally rolls on

Shares in the electric vehicle giant have risen roughly 70% since Trump’s victory on Nov. 5 and nearly tripled since ...

Keir Starmer to hold talks with the EU on defence co-operation

British premier will accept an invitation by the bloc to discuss security matters, in the latest sign of improving relations

NFL allows Miami Dolphins and Buffalo Bills to add private equity owners

Diverse group of investors set to buy Buffalo Bills Read More

Health-care stocks fall as lawmakers, patients push for changes to their business models

The stock reaction on Wednesday appeared to be in response to new bipartisan legislation that aims to break up pharmacy ...

Budget deficit swells in November, pushing fiscal 2025 shortfall 64% higher than a year ago

For the month, the deficit totaled $366.8 billion, 17% higher than November 2023

Facebook, Instagram and other Meta apps go down due to ‘technical issue’

Facebook, Instagram and other Meta apps are down due to a “technical issue.”

ETFs cross $1 trillion of inflows in 2024, extending record year

Broad stock funds and bitcoin ETFs have been big asset gatherers this year.

If Trump wants to kill inflation, the first thing he needs to do is get more homes built

If President-elect Donald Trump is going to push inflation back down to a more tolerable level, he will need help ...

How Alphabet’s unexpected quantum rally pushed the Nasdaq to new highs

Both the Nasdaq Composite and Alphabet reached all-time records on Tuesday.

Alphabet and Tesla reach fresh highs, joining Amazon and Meta and pushing Nasdaq past 20,000

Tesla topped its 2021 peak on Wednesday and Alphabet hit a record for the first time since July, as four ...

Death threats to CEOs found on posters across NYC in wake of UnitedHealthcare shooting

Authorities warned of “a hitlist” featuring the names and salaries of several health insurance CEOs warning they “should be afraid.” ...

We just got closer to 24-hour stock trading. Is that a good thing?

Making moves in extended trading hours comes with increased risks that equity investors need to understand. Read More

 XRP soars 11% as Ripple RLUSD stablecoin prepares to launch

Ripple’s RLUSD received regulatory approval in New York on Tuesday. Read More

FBI director Christopher Wray to step down before Trump takes office

Resignation comes after president-elect said he will nominate Kash Patel to lead top US law enforcement agency

Mastercard exec wants companies to reskill workers before AI comes for their jobs

Organizations implementing AI could risk losing a great colleague with years of institutional knowledge—or they could just help the person ...

Nutrition experts warn Americans to make 2 changes to their diets for better health

The new guidance for 2025-2030, which will be finalized by the incoming Trump administration, is consistent with decades of federal ...

Star real estate brokers Alexander brothers charged with sex trafficking

The indictment states the three brothers worked together for “well over a decade” to “drug, sexually assault and rape dozens of ...

Return-to-office mandates are associated with an exodus of high performers, research finds

When S&P 500 companies discouraged remote working, skilled employees quit—leaving hard-to-fill vacancies for employers. Read More

Three chip leaders on what drives them to compete against $3 trillion Nvidia — and where the opportunity is

AMD, Cerebras Systems, and Altera executives explain the importance of competition in the chips world at Fortune’s Brainstorm AI in ...

Inflation gives Fed green light for December, yellow for 2025

Officials might rein in the number of rate cuts they anticipate in 2025 as they wait for more confirmation that ...

BNY CEO identifies ‘megatrends’ expected to boost bank’s profits

BNY crossed $50 trillion in assets under custody and administration earlier this year, and is trying to expand on its ...

The AI agents are coming

A new layer of digital plumbing between apps could bring important changes to how people use technology

Macy’s employee responsible for a $151 million accounting scandal made one mistake that snowballed into an intentional coverup

“This was not theft,” Macy’s chief financial officer confirmed Wednesday. Read More

Adopting these 8 healthy habits by middle age could add decades to your life

While adopting all eight habits by age 40 is ideal, adopting even one—or a few—at any point in life helps, ...

Billionaire hedge fund exec and Mets owner Steve Cohen never wanted to stop working as a young trader: ‘I couldn’t wait for Mondays. I hated my weekends.’

The best traders are just like the best baseball players: “They can’t wait to work, even in the offseason.” Read ...

Elon Musk’s net worth tops $400 billion, a historic first

The most recent catalyst was an insider share sale of his privately held SpaceX, which boosted Musk’s net worth by roughly $50 ...