Money & Finance

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The Pete behind Jersey Mike’s was only 17 years old when he borrowed $125,000 to buy the chain—with some help from his high school football coach

The Pete behind Jersey Mike’s was only 17 years old whe...

Peter Cancro had worked at the Jersey Shore sub shop since he was 14; the six-fi...

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Gambling becomes America’s favorite pastime as Americans spend more on sports bets than movies, arts, museums, and music combined

Gambling becomes America’s favorite pastime as American...

Americans wagered $166 billion on sports last year, more than Hollywood, the mus...

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Tesla spending skyrockets as Cybercab, Semi, Megapack production timeline slips

Tesla spending skyrockets as Cybercab, Semi, Megapack p...

Tesla's 26% boost in revenue wasn't enough to offset rising operating expenses a...

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Treasury threatens sanctions after White House claims Moonshot distilled Anthropic’s Fable

Treasury threatens sanctions after White House claims M...

The episode has also intensified a broader debate in Washington over the influx ...

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Google justifies its massive AI spending with a booming cloud business

Google justifies its massive AI spending with a booming...

Google's cloud business is thriving, as companies adopting its AI and AI infrast...

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After shocking quarter, IBM insists that AI isn’t killing the mainframe

After shocking quarter, IBM insists that AI isn’t killi...

After IBM's stock crashed last week on warnings of poor mainframe sales, the CEO...

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ServiceNow bets $40 million on Indian banking software specialist to expand its financial services push

ServiceNow bets $40 million on Indian banking software ...

ServiceNow's investment gives BusinessNext a strategic partner to expand its AI-...

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The American Heart Association has a new number for daily coffee—and a warning if you go over it

The American Heart Association has a new number for dai...

New research suggests drinking one cup of coffee a day is actually worse for you...

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After SpaceX’s $2 trillion debut, investors are eyeing Anthropic and OpenAI. Market experts share how to play the next trillion-dollar IPO

After SpaceX’s $2 trillion debut, investors are eyeing ...

Before buying into the hype, pros say to skip the first-day frenzy, follow the r...

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Panera founder and Cava chairman Ron Shaich bets $100 million on Level99, bringing his restaurant industry playbook to entertainment

Panera founder and Cava chairman Ron Shaich bets $100 m...

Act III Holdings doubles its stake in Level99 after the Disney Springs opening, ...

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Sam Altman and Jony Ive formed a dream team to reinvent hardware. Now it’s at the center of a battle for OpenAI’s future

Sam Altman and Jony Ive formed a dream team to reinvent...

Betting that a new breed of tech gadgets will give it an edge over its AI rivals...

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George Soros never signed the Giving Pledge. He’s given away more of his fortune than the billionaires who did

George Soros never signed the Giving Pledge. He’s given...

The 95-year-old investor has given away an estimated 76% of his fortune without ...

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A 600-mile road trip (and data) proves EV charging doesn’t suck anymore

A 600-mile road trip (and data) proves EV charging does...

A recent road trip in an EV revealed just how much faster and more reliable DC F...

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Federal employees can download TikTok on their work phones again

Federal employees can download TikTok on their work pho...

The Department of Justice says that federal employees can now download TikTok on...

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All the EVs that were discontinued or killed off in the U.S. this year

All the EVs that were discontinued or killed off in the...

Th Honda Prologue will no longer be sold in the U.S., joining a growing list of ...

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Kimi: Threat or menace?

Kimi: Threat or menace?

Chinese company Moonshot AI released a new version of its Kimi model this week, ...

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Waymo says San Francisco service has resumed after one-hour pause

Waymo says San Francisco service has resumed after one-...

This isn’t the first time power outages have caused issues for Waymo.

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So you want to buy a sports franchise? Why entering sports ownership gives the rich a ‘very elite and exclusive club’ with great tax benefits

So you want to buy a sports franchise? Why entering spo...

Increasingly, the founders and heads of companies like Home Depot, Walmart and L...