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New housing law targets affordability — what it means for homebuyers and sellers
BUSINESS

New housing law targets affordability — what it means for homebuyers and sellers

While the legislation is aimed at least partly at addressing affordability, experts say the benefits of the measure will take time to show up in the market.

CNBC·2d ago
Ferrari has recovered from its Luce-unveil slump. Why the stock is still underappreciated
BUSINESS

Ferrari has recovered from its Luce-unveil slump. Why the stock is still underappreciated

Ferrari shares are up 17% since falling after unveiling its panned Luce model. Two banks still see more potential in the stock.

CNBC·2d ago
Burnout, frustration and heartbreak: Amazon layoffs take their toll in saturated job market
BUSINESS

Burnout, frustration and heartbreak: Amazon layoffs take their toll in saturated job market

In the eight-plus months since Amazon announced its most expansive job cuts ever, laid off workers have been thrust into an increasingly saturated labor market.

CNBC·2d ago
After Being Delayed by Trump, a Canada-U.S. Bridge is Set to Open
BUSINESS

After Being Delayed by Trump, a Canada-U.S. Bridge is Set to Open

A deal ended the Trump administration’s blocking of a new bridge that will ease congestion at the busiest trade corridor between the United States and Canada.

NY Times·2d ago
Apple sues OpenAI alleging trade secret theft, says scheme was 'at every level'
BUSINESS

Apple sues OpenAI alleging trade secret theft, says scheme was 'at every level'

The two companies entered into a high-profile partnership in 2024 when ChatGPT was integrated into the iPhone's operating system.

CNBC·2d ago
Apple files lawsuit accusing ChatGPT maker OpenAI of stealing trade secrets
BUSINESS

Apple files lawsuit accusing ChatGPT maker OpenAI of stealing trade secrets

The complaint alleges a coordinated effort by two former Apple employees and OpenAI to steal confidential information.

Al Jazeera·3d ago
Apple sues OpenAI over alleged trade secret theft
BUSINESS

Apple sues OpenAI over alleged trade secret theft

Apple alleges the misconduct was directed by OpenAI's senior leadership, including a longtime former employee.

TechCrunch·3d ago
Apple sues OpenAI over alleged trade secret theft
BUSINESS

Apple sues OpenAI over alleged trade secret theft

Apple alleges the misconduct was directed by OpenAI's senior leadership, including a longtime former employee.

TechCrunch·3d ago
SK Hynix rises 13% in Nasdaq debut. Chairman tells CNBC 'demand is enormous'
BUSINESS

SK Hynix rises 13% in Nasdaq debut. Chairman tells CNBC 'demand is enormous'

SK Hynix has soared to a trillion-dollar market cap by serving some of the biggest names in technology, including Nvidia and Apple.

CNBC·3d ago
The ETF market is pushing the limits of the leverage it can handle. SK Hynix is the latest example
BUSINESS

The ETF market is pushing the limits of the leverage it can handle. SK Hynix is the latest example

The original ETF boom was about low cost, tax-efficient core index funds. Now single-stock ETFs are upping risk, with leverage getting 'a little carried away.'

CNBC·3d ago
As bank earnings approach, a market anomaly emerges
BUSINESS

As bank earnings approach, a market anomaly emerges

The Financial Select Sector Index trades at roughly 15.5 times forward earnings — about a turn and a quarter cheaper than where it stood in 2024.

CNBC·3d ago
Dumb Co dared me to trade my iPhone for a hacked flip phone
BUSINESS

Dumb Co dared me to trade my iPhone for a hacked flip phone

Dumb Co sells flip phones that sync to your smartphone, bridging the infinite connectivity of the iPhone and the unrealistic limitations of an early 2000s relic.

TechCrunch·3d ago
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