Minneapolis Federal Reserve President Neel Kashkari said Monday that artificial intelligence is causing big companies to slow hiring, and that many businesses are seeing “real productivity gains” because of the technology. Kashkari said companies have told him that AI is affecting their hiring plans, and he expects to see continued low hiring and low firing in…
Alexa+ signage during an unveiling event in New York, US, on Wednesday, Feb. 26, 2025. Michael Nagle | Bloomberg | Getty Images Amazon on Monday launched an Alexa+ website that lets some users chat with its assistant via their browser, putting it in more direct competition with OpenAI’s ChatGPT. The Alexa.com website is only available…
SpaceX headquarters is shown in Hawthorne, California, U.S. June 5, 2025. Daniel Cole | Reuters Elon Musk’s Starlink is offering free broadband internet service to users in Venezuela through Feb. 3, following U.S. airstrikes and the capture of ousted leader Nicolas Maduro. The satellite internet provider said in a release on Sunday that service credits…
Friday marked the end of a lackluster week for stocks and the first trading session of 2026. The market was mixed for the holiday-shortened week: The Dow and Nasdaq shed 0.1% and 1.5%, respectively, while the S & P 500 edged roughly 1% lower, its third back-to-back loss since Monday. It’s unclear what caused the…
The Russian-U.S. national who hacked crypto exchange Bitfinex and stole nearly 120,000 bitcoin said he has been freed from prison early thanks to the bipartisan prison-reform law signed by President Donald Trump. Ilya Lichtenstein, 38, had been sentenced in November 2024 to five years in prison after pleading guilty to a money laundering conspiracy charge…
Elon Musk watches as President Donald Trump speaks at the U.S.-Saudi Investment Forum at the John F. Kennedy Center for the Performing Arts in Washington, Nov. 19, 2025. Brendan Smialowski | AFP | Getty Images Elon Musk’s Grok chatbot blamed “lapses in safeguards” for the recent posting of artificial intelligence-generated sexualized pictures of children in…
Tesla posted its fourth-quarter 2025 vehicle production and deliveries report on Friday, marking a second annual decline for Elon Musk’s automaker. Here are the key numbers: Total Q4 deliveries: 418,227 Total Q4 production: 434,358 Total 2025 deliveries: 1.64 million Total 2025 production: 1.65 million Wall Street expected 426,000 deliveries for the quarter, according to estimates compiled by StreetAccount….
Imported BYD vehicles are parked at a port on March 27, 2025 in Yokohama, Japan. Tomohiro Ohsumi | Getty Images News | Getty Images Chinese auto giant BYD on Friday is expected to dethrone U.S. rival Tesla as the world’s biggest seller of electric vehicles on a calendar-year basis. The milestone would cap an extraordinary…
A general view of the Baidu logo is seen at the Shanghai New Expo Center during the World Artificial Intelligence Conference 2025 in Shanghai, China, on July 28, 2025. Ying Tang | Nurphoto | Getty Images Chinese tech giant Baidu has announced plans to spin off its artificial intelligence chip subsidiary, Kunlunxin, and list it…
Google CEO Sundar Pichai waves as he arrives at the Artificial Intelligence Action Summit at the Grand Palais in Paris, Feb. 11, 2025. Benoit Tessier | Reuters After a tough start to the year, Google closed out 2025 with its strongest performance — from Wall Street’s perspective — since 2009, when the company’s shares doubled…