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The Latest Breaking News on Business

US stocks: US market's indexes advance with boost from chips, Iran optimism

U.S. stock indexes rose Thursday, led by semiconductor shares and easing inflation fears, despite anticipated Federal Reserve interest rate hikes. Intel surged to a record high after President Trump announced a deal for U.S.-based chip design and manufacturing. Oil prices slid as the U.S. and Iran extended an interim agreement,…

The Economic Times

Is Clorox Stock Underperforming the Dow?

Clorox has underperformed the Dow over the past year, and analysts are cautious about the stock’s prospects.

Barchart

Workday Stock: Is WDAY Underperforming the Technology Sector?

Workday has notably underperformed the Technology sector over the past year, but analysts are cautiously optimistic about the stock’s prospects.

Barchart

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Is Southwest Airlines Stock Outperforming the S&P 500?

Southwest Airlines has outperformed the S&P 500 over the past year, and analysts are moderately optimistic about the stock’s prospects.

Barchart

Is Packaging Corporation of America Stock Underperforming the S&P 500?

Packaging Corporation of America has slightly trailed the broader S&P 500 Index over the past year, and Wall Street analysts remain moderately bullish about its prospects.

Barchart

IndAI sovereignty, a fable: Frontier AI is now a geopolitical tool — India must leverage its market accessibility

India faces a critical juncture as powerful AI models are restricted by the US. This move impacts the security of India's digital infrastructure. The nation must prioritize developing its own AI capabilities and ensuring sovereign control over its technology.

The Economic Times

Amazon in talks to sell custom AI chips in bid to cut Nvidia’s dominance

Amazon is planning to sell its custom artificial intelligence chips to other companies. This move aims to compete with Nvidia's strong hold in the market. Amazon's AI chief confirmed discussions are underway. The company sees a growing demand for AI infrastructure globally. This expansion could significantly impact the AI chip…

The Economic Times

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Brent crude oil price touches pre-Iran war lows after ceasefire deal

Oil prices have fallen significantly. This is due to a preliminary agreement between the United States and Iran. The deal aims to reopen the Strait of Hormuz and lift sanctions. This is expected to boost global oil supply. Analysts anticipate a gradual recovery in oil flows. Some experts believe prices…

The Economic Times

Amazon Workers Asked for a Raise to Cover Soaring Rent, but Management Handed Them an Inflatable Soccer Goal Instead

A perfect metaphor for the corporate approach to worker compensation – flashy distractions instead of real solutions.

The Mary Sue

How a Third GTA 6 Delay Could Total Real-World Corporate Schedules and Business Operations

A California car tuning firm plans to shut down for a day so staff can play GTA 6 at launch, exposing how deeply Rockstar's next blockbuster is shaping real-world work schedules.

International Business Times UK

Intel Shares Surge After Trump Says Company Will Partner With Apple To Design And Build Chips In The U.S.

Intel shares jumped by double digits on Thursday after President Donald Trump said the company will partner with Apple to design and build chips in the U.S.

International Business Times

Student Loan Forgiveness Emails Sent To Thousands Of Borrowers: What To Do If Yours Never Arrived

US student loan forgiveness notifications are being sent to borrowers from colleges accused of misconduct, offering relief amid rising inflation and economic uncertainty.

International Business Times UK

The drawer problem: Why so many of us can’t let go of our old electronics, and what we can do about it

Think about the last smartphone, tablet or smartwatch you stopped using. Odds are it is not in a recycling bin or a new owner’s hands; it is sitting in a drawer.

The Conversation

Salesforce France CEO: Both leaders and employees need to adapt to AI

Speaking at Vivatech in Paris, Emilie Sidiqian, Salesforce France’s CEO, told Euronews Next how companies should embrace AI and why leaders must drive its adoption from the top.

Euronews

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Reason

Adam Schiff Wants Federal Tax Credits for Movie and TV Production

Studies repeatedly show the credits aren't worth the cost.

The Guardian - US

Gig workers are endlessly exploited. AI could make more of us share their fate

As companies integrate AI and hire fewer employees, a shift toward a ‘gig economy’ will commence

Reason

A New Bipartisan Bill Promises Innovation and Choice. It Will Deliver Neither.

The recently reintroduced American Innovation and Choice Online Act is a departure from America’s current antitrust regime, not an improvement.

Fortune

Current price of oil as of June 17, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

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news in one place.

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TechRadar

'Intentionally hide using AI' — Two-thirds of office workers admit to secretly using banned AI tools, despite the risks

Employees increasingly use AI tools secretly at work despite restrictions, often sharing sensitive data while believing policies are inconsistently enforced.

The Economic Times

Claude down worldwide? Check the reason behind the latest outage affecting users across the globe

Claude AI users worldwide are experiencing a second major service disruption this month, with many reporting failed requests and login issues. This latest outage follows a significant global interruption on June 2, impacting various Claude services. Anthropic has yet to disclose the cause, leaving users and businesses concerned about reliability.

International Business Times UK

Apple Price Hike on iPhone, Mac and iPad 'Unavoidable' as AI Drives Memory Chip Costs Up Fourfold

Apple CEO Tim Cook says iPhone, Mac, and iPad price hikes are 'unavoidable' as memory chip costs quadruple, leaving US buyers facing a $540-plus Christmas upgrade hit.

The Economic Times

The future of AI may be small, cheap and unprofitable: Joachim Klement

A groundbreaking study indicates that lightweight AI models installed on everyday home computers are on the verge of surpassing the robust systems found in data centers. This pivotal change may drive down costs and profit margins for industry leaders such as Anthropic and OpenAI. Nvidia’s cutting-edge desktop AI technology serves…

Tom’s Hardware

DeepSeek was set to be added to US Entity List for supporting China’s military and intelligence operations, report claims — White House holds off to avoid escalating tensions with China

DeepSeek and CXMT, which have both been tagged as supporting Chinese military and intelligence operations, are set to be added to the U.S.'s Entity List. However, the White House hasn't included them yet in order to avoid escalating trade tensions with Beijing.

The Economic Times

Gold price on June 18: Why is gold rate crashing?

Gold rate today: Gold is often seen as a hedge against inflation, elevated interest rates tend to pressure bullion.

InsideEVs

Telo's Tiny Electric Truck For Cities Has Surprisingly High-Powered Charging

The Telo MT1 is an ultra-compact truck that's supposed to go into production this year. Now we know its peak charging power.

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