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S&P 500 jumps 1.8% and Dow leaps 500, but not by enough to keep stocks from 4th straight losing week - The Associated Press
business

S&P 500 jumps 1.8% and Dow leaps 500, but not by enough to keep stocks from 4th straight losing week - The Associated Press

U.S. stocks are rallying, though not by enough to keep Wall Street from a fourth straight losing week. The S&P 500 rose 1.8% Friday, a day after closing more than 10% below its record for its first “correction” since 2023. It's on track for its best day since…

Associated PressStan Choe
Central Ohioans targeted in text scam for Columbus parking violations - NBC4 WCMH-TV
business

Central Ohioans targeted in text scam for Columbus parking violations - NBC4 WCMH-TV

COLUMBUS, Ohio (WCMH) – A round of text scams is making its way to the phones of central Ohioans, and it involves “unpaid parking infractions.” According to the City of Columbus, its Parking Services department was made aware of fraudulent texts being sent fr…

NBC4 WCMH-TVAdam Conn
Apple encrypted data row case begins in secret - BBC.com
business

Apple encrypted data row case begins in secret - BBC.com

The BBC - along with civil liberties groups and some US politicians - argue the case should be heard in public.

BBC News
'Eternally uncool': Pam Bondi brutally mocked after threatening to jail Tesla protesters - AlterNet
business

'Eternally uncool': Pam Bondi brutally mocked after threatening to jail Tesla protesters - AlterNet

The ongoing protests at Tesla dealerships — the electric vehicle company led by South African centibillionaire Elon Musk — appear to be getting under the skin of President Donald Trump's administration.The website TeslaTakedown.com has become a hub for people…

AlterNetCarl Gibson
Used Tesla prices tumble as embarrassed owners look to sell - Ars Technica
business

Used Tesla prices tumble as embarrassed owners look to sell - Ars Technica

Some owners would rather sell their car than be associated with Tesla now.

Ars TechnicaJonathan M. Gitlin
‘Cash offers only’: After L.A. fires, scorched lots are selling fast - The Washington Post
business

‘Cash offers only’: After L.A. fires, scorched lots are selling fast - The Washington Post

There has been a rush to buy and sell scorched lots since wildfires leveled thousands of homes in Altadena and Pacific Palisades, surprising real estate agents and experts.

The Washington PostBrianna Sacks, Reis Thebault
Google agrees with OpenAI that copyright has no place in AI development - Ars Technica
business

Google agrees with OpenAI that copyright has no place in AI development - Ars Technica

Google says regulators are too worried about risk.

Ars TechnicaRyan Whitwam
Will Nvidia Stock Get Lift From AI Conference? - Investor's Business Daily
business

Will Nvidia Stock Get Lift From AI Conference? - Investor's Business Daily

Wall Street analysts are hoping that Nvidia's upcoming GTC conference will provide a boost for Nvidia stock.

Investor's Business DailyPATRICK SEITZ, Investor's Business Daily
business

D-Wave Stock Surges. Wall Street Says the Future Is Now for Quantum Computing. - Barron's

Barron'sBarron's
Here’s How Much American Billionaires Have Lost Since Trump’s Inauguration - Forbes
business

Here’s How Much American Billionaires Have Lost Since Trump’s Inauguration - Forbes

Expectations were that billionaires would be the big winners in a Trump America 2.0. Instead their fortunes have plummeted in the first eight weeks. Here are the biggest losers.

ForbesGrace Thomas
Spirit Airlines to Rebrand as Premium Carrier - Fodor's Travel
business

Spirit Airlines to Rebrand as Premium Carrier - Fodor's Travel

Spirit Airlines has emerged from bankruptcy with a revamped strategy, offering bundled fare options like Go Big and Go Comfy. Learn how the airline is evolving from budget disruptor to premium competitor.

Fodor's TravelScott Laird
Why lowering the yield on 10-year bonds is more important to Trump than the stock market or interest rates - Fortune
business

Why lowering the yield on 10-year bonds is more important to Trump than the stock market or interest rates - Fortune

Roughly six in 10 U.S. adults report owning stock, but nearly 80% of American households have some type of debt.

FortuneGreg McKenna
Scott Bessent says the U.S. economy is detoxing but that doesn’t mean there will be a recession - Fortune
business

Scott Bessent says the U.S. economy is detoxing but that doesn’t mean there will be a recession - Fortune

The Treasury secretary echoed recent statements from President Donald Trump and Vice President JD Vance.

FortuneAlena Botros
Photos from the American Airlines fire show passengers made a huge mistake - Business Insider
business

Photos from the American Airlines fire show passengers made a huge mistake - Business Insider

A slower evacuation because of people taking their bags could lead to more injuries or even fatalities. There are recent examples to prove it.

Business InsiderTaylor Rains
Dow bounces 500 points, but still heads for worst week in two years: Live updates - CNBC
business

Dow bounces 500 points, but still heads for worst week in two years: Live updates - CNBC

The three major averages are all heading for another losing week.

CNBCLisa Kailai Han, Alex Harring
California regulator mulls State Farm's request for 22% premium hike for homeowners after LA fires - Yahoo Finance
business

California regulator mulls State Farm's request for 22% premium hike for homeowners after LA fires - Yahoo Finance

California's top insurance regulator on Friday said he would approve an emergency request by State Farm to raise premiums 22% on home insurance for about a...

Yahoo EntertainmentTRÂN NGUYỄN
business

Here’s Where to Look for Early Signs of a Recession - The Wall Street Journal

The Wall Street JournalThe Wall Street Journal
Tesla is done in Germany: 94% say they won’t buy a Tesla car - Electrek
business

Tesla is done in Germany: 94% say they won’t buy a Tesla car - Electrek

A survey of over 100,000 Germans revealed that 94% won’t buy a Tesla vehicle. It doesn’t bode well for the...

ElectrekFred Lambert
State Farm can hike rates on California homeowners — if it pauses cancellations and proves need - CalMatters
business

State Farm can hike rates on California homeowners — if it pauses cancellations and proves need - CalMatters

If State Farm is successful at proving its need for rate hikes at next month’s hearing, its interim rates will climb on June 1 an average 22% for homeowners, 15% for renters and condos, and 38% for rental dwellings.

CALmattersLevi Sumagaysay
Economic Fear Pummels Stocks Closely Tied to Americans’ Spending - Bloomberg
business

Economic Fear Pummels Stocks Closely Tied to Americans’ Spending - Bloomberg

President Donald Trump’s fickle trade policies are raising concerns about US economic stability, and the stocks most reliant on the strength of the American consumer are starting to feel the pinch.

BloombergKatrina Compoli, Peyton Forte