Business

Another Key Inflation Metric Exceeds Expectations

Business Elijah Iraheta -
Inflation is on a roll, and not in a good way. The Producer Price Index (PPI), a key gauge of wholesale inflation, surged 0.6%...

Altman Testifies on OpenAI Fallout With Elon Musk

Business Elijah Iraheta -
In a recent testimony, OpenAI's CEO, Sam Altman, shed light on the turbulent history between OpenAI and Tesla CEO Elon Musk. Altman claimed that...

EBay Rejects GameStop’s $56 Billion Takeover Bid

Business Elijah Iraheta -
EBay has turned down a massive $56 billion takeover bid from GameStop, describing the offer as "neither credible nor...

Elon Musk, Tim Cook invited to join Trump on China visit

Business Elijah Iraheta -
Elon Musk and Tim Cook are set to accompany President Donald Trump on a high-profile visit to China. The...

Cerebras to Boost Price of IPO to as High as $160, Reuters Says

Business Elijah Iraheta -
Cerebras is hiking up its IPO price to as high as $160, according to Reuters. The tech company, known...

The Jobs Market Just Beat Expectations — Again

Business Elijah Iraheta -
The U.S. economy added 115,000 jobs in April, nearly double what economists expected, with the unemployment rate holding steady...

Markets Surge Worldwide on Iran Deal Hopes; Oil Falls Sharply as Strait of Hormuz Reopening Comes Into View

Business Elijah Iraheta -
Global financial markets staged one of their strongest rallies of the year Wednesday as signs emerged that the United...

GameStop Makes Unsolicited $55.5 Billion Bid to Acquire eBay, Threatens Hostile Takeover

Business Elijah Iraheta -
GameStop, the video game retailer best known for its role in the 2021 meme-stock craze, has made an unsolicited...
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