Alphabet Tumbles 13% as Cash Deficit and Search Miss Rattle Investors
A morning slump deepened Alphabet's slide toward its sharpest post-earnings drop since its 2004 market debut, driven by search monetization hurdles and heavy AI outlays.
Economy
More in this section
1–12 of 72 stories
Fed Holds Rates at 3.75% to 4% and Trims Future Calendar
Chairman Kevin Warsh kept borrowing benchmarks unchanged while announcing a move to seven policy meetings in 2027 and six in 2028.
Southern California Medical Fraud Sweep Charges 15
Federal authorities charged 15 people in Southern California in a $1.8 billion medical fraud sweep targeting sham sober homes and unnecessary surgeries.
New Airbnb Cleaning Rules Ban Host Chore Demands
Airbnb has updated its house rules policy to ban hosts from requiring guests to strip beds, wash dishes, or perform heavy cleaning before checkout.
Russia Dispatches First 40,000-Ton Diesel Tanker to US
Russian Deputy Prime Minister Alexander Novak announced the departure of a 40,000-ton diesel tanker to the United States, though Ukrainian officials describe the shipment as…
Cryptocurrency Prices Rise as Bitcoin Climbs Above $82,700
Most major digital assets gained value over the past 24 hours, with Bitcoin reaching $82,702.71 according to CoinMarketCap data.
Young Adults Rely More on AI for Financial Planning
A Statista survey indicates that young Americans, led by Gen Z and Millennials, show higher willingness to trust AI with financial and investment decisions.
US Homebuilder Confidence Falls to 12-Year Low in October
US homebuilder confidence dropped to 29 in October, marking its lowest reading since June 2012 as elevated mortgage rates and construction costs sideline buyers.
Which cities offer better housing affordability on a salary?
A comparison across 75 global cities shows that high salaries do not always guarantee better housing affordability due to varying property prices.
Elon Musk Plans to Gift SpaceX Shares to Every US Child
Elon Musk announced plans to gift a SpaceX share to every child living in the United States, a transfer that could be worth approximately $10.5…
