News

The 2.7-gigawatt project will have its own on-site power plant fueled by Chevron’s local natural-gas production.

Investing.com -- Goldman Sachs has cut its 12-month U.S. recession probability to 15% following the U.S.-Iran agreement, with chief economist Jan Hatzius citing reduced downside risks to the economic outlook and an improvement in underlying labor market resilience.

In the annals of risk-taking bosses, perhaps none have outdone Michael Saylor. Strategy was improbably worth $130 billion when he tried an unorthodox financing method that experts warned risked disaster.

(Bloomberg) -- Treasuries fell as trading resumed following a US public holiday with Washington and Tehran working to hammer out details of a peace accord.Most Read from BloombergIran Says Hormuz Closed Again as Talks With US Set to OpenUS and Iran Make ‘Progress’ in Talks, Aim to Keep Hormuz OpenIranian Negotiators Said to Still Be Engaged in Talks With USDOJ Rejects Judge Request to Certify $1.8 Billion Fund NixedThe ‘Mass Affluent’ Are Losing Their Allure for Wealth Managers Navigating AIUS 1

With the U.S. approaching its 250th birthday — it's time to toast the nation's history. But don't assume age and S&P 500 gains coincide.

Wall Street was expecting more interest rate cuts this year, but it might get the opposite.

Goldman Sachs now sees a smaller chance of a recession in the U.S. thanks to the peace agreement with Iran. The bank cut its 12-month recession odds to 15% from 25%, citing falling energy prices. It now sees an even lower chance of recession than it did before the war, when it put the odds at 20%.

The benchmark US stock measures were pointing lower before the opening bell Monday as investors moni

The company develops technology it describes as the “brain” for autonomous vehicles. It sells driving assistance systems to carmakers.

By Kanchana Chakravarty June 22 (Reuters) - BofA Global Research expects the Federal Reserve to hike interest rates by 75 basis points in 2026, it said on Monday, citing resilient economic data and

June 22 (Reuters) - AbbVie said on Monday it would buy biotech Apogee Therapeutics for $10.9 billion in cash, as the U.S. drugmaker builds its next-generation immunology pipeline.

By Leo Marchandon PARIS, June 22 (Reuters) - Limits on access to some U.S. artificial intelligence services are pushing major European companies to speed up spreading risk across multiple providers

Digital infrastructure company ITG is targeting a valuation of up to $2.67 billion in its U.S. market debut, joining ‌a string of issuers rushing to capitalize on AI-driven demand ‌and benefit from a busy summer IPO window. The post-SpaceX IPO market has remained busy as ​companies rush to seize the strong conditions for new listings before the traditional summer lull kicks in. Uber-backed ‌electric-bike startup Lime and ⁠silver miner Sinda also launched their U.S. initial public offering roadshows on Monday.

Investing.com -- Bank of America has shifted its Federal Reserve outlook, now forecasting three interest rate hikes totaling 75 basis points this year before an extended pause, pushing any prospect of rate cuts well into the future.

Binance CEO Changpeng Zhao shares his thoughts with Yahoo Finance Executive Editor Brian Sozzi on the upcoming SpaceX IPO and explains why retail excitement for new tech and AI companies won't compete with crypto.

A well-funded SpaceX is oddly good news for Rivian.

(Bloomberg) -- Mat Ishbia’s frustration was boiling over. The billionaire chief executive was trying to salvage a deal he described in February as a “strategic inflection point” for his company, United Wholesale Mortgage. After months of back-and-forth — and a steep decline in his own wealth — he didn’t hold back. Most Read from BloombergIran Says Hormuz Closed Again as Talks With US Set to OpenUS and Iran Make ‘Progress’ in Talks, Aim to Keep Hormuz OpenIranian Negotiators Said to Still Be Enga

Despite the passage of state legislation and a federal court settlement aimed at taming credit and debit card fees, the card networks and their issuers prevailed in the first half of this year.

Global Healthcare Opportunities and CBC Group discussed launching a new global fund after their merger, the firms’ heads said, as the healthcare investors move to tap into Asia’s rise as an innovation hub.

The moves suggested a reset for U.S. Treasury yields tied to the surprisingly hawkish tone established by new Federal Reserve Chairman Kevin Warsh last week, who hinted toward near-term rate hikes to tame price pressures and break a long run of missed inflation targets. “We recognize that inflation has been running well ahead of the Fed’s long-stated inflation goal of 2% that’s been going on for more than five years,” Warsh told reporters in Washington last week after his first press event as Fed chairman. The Fed’s economic forecasts slashed 2026 GDP predictions to 2.2%, and added 90 basis points to its headline PCE inflation estimate, taking it to 3.6%.

The history of American business is filled with founders who took huge risks. Steve Jobs made gutsy bets on the Macintosh, iPod and iPhone. When Jobs unveiled the iPod, Apple was worth less than two-tenths of a percent what it is today.

U.S.-Iran talks continue in Switzerland, housing is out of its deep freeze, the next hot quantum stock is an AI data center play, and more news to start your day.

BEIJING, June 22 (Reuters) - China's low Earth orbit satellite company SpaceSail, widely seen as a challenger to Elon Musk's Starlink, has launched a new round of fundraising, state media Securities

China's low Earth orbit satellite company SpaceSail, widely seen ‌as a challenger to Elon Musk's ‌Starlink, has launched a new round of fundraising, state ​media Securities Times reported on Monday. • The new investment from the financing round will represent a combined equity stake ‌of no more ⁠than 20%, the report said. • The Shanghai government-backed company aims to deploy as many as 15,000 low ‌Earth orbit satellites by 2030 ​and has secured overseas ​contracts in ​regions like Brazil to compete directly ‌with Starlink.

By Courtney Rozen WASHINGTON, June 22 (Reuters) - U.S.

Nearfield Instruments, a Netherlands-based firm whose machines help measure the features on ‌advanced semiconductors, said on Monday it raised $380 million in ‌new funding, bringing its valuation to $1.6 billion. Nearfield makes devices called atomic force microscopes, ​which can take direct measurements of features of chips that are only a few atoms tall by dragging a probe across their surface, similar to how a needle moves across a vinyl record. Those ‌measurements are taken periodically ⁠during the hundreds of steps to make a chip to ensure that the manufacturing process is on ⁠track, a field called semiconductor metrology, which is dominated by KLA Corp.

Micron earnings and PCE data headline a busy week for investors.

Memory-chip maker SK Hynix has overtaken Samsung Electronics to become South Korea’s most valuable company amid the AI-driven chip boom.

US equity investors will focus this week on quarterly earnings from Micron Technology (MU) and infla

The “Evening News” anchor has been thrust into the spotlight amid criticism of his network and its editor in chief.