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The world's money news right now: markets, the economy, the companies and the deals moving capital across every continent today.
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Sotheby's sells T. rex for record $50.1m amid collectibles boom
A Tyrannosaurus rex fossil sold for $50.1 million at Sotheby's, smashing estimates and underscoring the rapid growth of dinosaur b…
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IBM stock posts worst drop since 1987 on AI spending shift
IBM shares plummeted 24% after preliminary quarterly results showed customers are pulling infrastructure budgets to fund AI hardwa…
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US Retirees Face $52,000 Tax Trap From Frozen 1984 Thresholds
A decades-old US tax threshold is triggering unexpected five-figure levies for high-income retirees, exposing a structural flaw in…
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Taiwan Semi Is an Attractive Stock But Poses Some Risk
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Uber profit surge outpaces bookings as platform hits 50m subscribers
Uber's first-quarter earnings confirm a decisive shift toward profitability, with earnings growth more than doubling top-line grow…
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GD Cash Flow Surges as Lockheed Bets $3.5B on Sub Sensors
General Dynamics’ first-quarter results highlight a widening financial gap in naval defense, as the submarine builder generates ro…
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Watches of Switzerland Group Eyes U.S., Pre-Owned Growth as UK Stabilizes
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Citigroup Q2 Earnings Call Highlights
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Down More Than 30% This Year, This Stock is a Buy In The Dip
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The Hiring Mistake That’s Preventing Companies From Building Strong Global Teams
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Ethereum Foundation Privacy Team Spins Out as EthSystems
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A Strategy With Call Options Generates Income From This Senior Housing REIT
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Goldman Sachs, IBD Stock Of The Day, Flashes Buy Signals On AI-Fueled Earnings Surge
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Nvidia May Be the Most Valuable Company in the World, but It Looks Like a Bargain Compared to These 3 Artificial Intelligence (AI) Stocks
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Inflation cools to 3.5% in June in relief brought by brief US-Iran peace deal
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DeepSeek begins IPO preparations with potential 2026 filing, Bloomberg reports
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Trump drops Hormuz toll as US resumes Iranian port blockade
The reversal of a proposed transit fee offers little relief to oil markets as a US naval blockade and continued military strikes k…
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UK farmland faces 75% collapse without adaptation investment
A projected 75% loss of high-quality UK farmland within two decades underscores the mounting economic risks of the country's clima…
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Scott, French Gates, Sánchez Bezos reshape mega-philanthropy
A new generation of female megadonors is deploying tens of billions of dollars outside traditional institutional frameworks, perma…
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SK Hynix Set Records with its U.S. Debut. How to Play SKHY Stock Now.
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Stranded £40m asset leaves Dover port vulnerable to summer delays
A £40m biometric processing facility at the Port of Dover sits idle after French authorities failed to activate the technology, th…
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IBM drops 25% on profit warning as AI capex eats software budgets
IBM shares lost a quarter of their value after a profit warning revealed corporate tech budgets are shifting abruptly from softwar…
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Warsh refuses to signal rate path despite cooling June inflation
Federal Reserve Chair Kevin Warsh declined to offer rate guidance despite a sharp drop in June inflation, warning that emerging oi…
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Cooling US Inflation Boosts Nasdaq; IBM Plunge Weighs on Dow
A sharper-than-expected drop in US inflation and strong bank earnings pushed the Nasdaq higher, though a profit warning from IBM d…