Press Releases

This weekend’s winter storm continues to affect much of the U.S., and could even have a material impact on gross domestic product — but there are some companies that are likely to be beneficiaries. The storm is continuing to make its presence felt on Monday, with wind and below-freezing temperatures lingering even after much of […]

Silas Stein | Picture Alliance | Getty Images Shares of Zoom popped 11% on Monday after analysts at Baird estimated that the company’s investment in artificial intelligence startup Anthropic could be worth between $2 billion to $4 billion, depending on dilution assumptions. In May 2023, Anthropic announced a partnership with Zoom and revealed that Zoom

Scott Guthrie, executive vice president of cloud and enterprise at Microsoft, speaks at the Microsoft Build developer conference in Seattle on May 7, 2018. The Build conference, marking its second consecutive year in Seattle, is expected to put emphasis on the company’s cloud technologies and the artificial intelligence features within those services. Grant Hindsley |

Treasury Secretary Scott Bessent on Monday said he had cancelled all Treasury Department contracts with the consulting firm Booz Allen Hamilton, one of whose employees leaked the tax records of President Donald Trump, and the billionaires Jeff Bezos and Elon Musk, to media outlets. Booz Allen Hamilton’s stock price dropped by 8% on the heels

Downtown Amsterdam Jacobh | E+ | Getty Images Euro zone inflation stood at 2% in December, flash data from Eurostat showed on Wednesday. Economists polled by Reuters had expected the inflation rate to cool to 2%, in line with the European Central Bank’s (ECB) target. In November, the inflation rate stood at 2.1%. Core inflation,

A “Join Our Team” flyer at the Appalachian State University internship and job fair in Boone, North Carolina, US, on Wednesday, Oct. 1, 2025. Allison Joyce | Bloomberg | Getty Images Private sector job creation turned positive in December though at a bit softer pace than expected, payrolls processing firm ADP reported Wednesday. Companies added

Business representatives staff a table at a career fair in Harlem hosted by Assemblymember Jordan Wright on Dec. 10, 2025, in New York City. Spencer Platt | Getty Images Announced layoffs fell sharply in December, hitting a 17-month low in a potential sign that the labor market is at least stabilizing, consulting firm Challenger, Gray

C.C. Wei, CEO of TSMC, and Jensen Huang, CEO of Nvidia, interact on stage during TSMC’s annual sports day in Hsinchu, Taiwan, Nov. 8, 2025. Ann Wang | Reuters When Jensen Huang first met Morris Chang decades ago, he told the founder of Taiwan Semiconductor Manufacturing Company that one day Nvidia would be the chip

Maersk and HMM container ships at the Port of Los Angeles in Los Angeles, California, US, on Wednesday, Sept. 24, 2025. Eric Thayer | Bloomberg | Getty Images The U.S. trade deficit six months into President Donald Trump’s tariffs tumbled to its lowest level since mid-2009, the Commerce Department reported Thursday. With exports rising and

U.S. Treasury Secretary Scott Bessent speaks during a press conference to unveil the official Trump Accounts website, at the Treasury Department in Washington, D.C., U.S., December 17, 2025. Aaron Schwartz | Reuters Treasury Secretary Scott Bessent on Thursday pressed the administration’s desire for lower interest rates, saying they are the key to future economic growth.