Back in 2023, Goldman Sachs warned that generative AI could put 300 million jobs at risk worldwide. By 2025, experts warn that AI could wipe out half of all entry-level, white-collar jobs—and spike unemployment to 10%-20% over the next several years. Large language models (LLMs) like Claude or ChatGPT can now write marketing copy, compose poetry and […]

The trail ahead for this whole new industry continues to be cleared. Shares of Archer Aviation (ACHR 11.19%) rekindled their choppy recovery rally today, up 11.7% as of 2:33 p.m. ET. While the reason for the big move doesn’t directly translate into real revenue or profit progress, it certainly makes both much more likely than

Key Takeaways U.S. and China officials met in London Monday to defuse the trade war between the world’s two largest economies. A key issue will be China’s restrictions on exporting rare earth minerals, which are key to U.S. industries including auto manufacturing. Despite pauses in many of the heightened import taxes, the two countries have

Baby Boomers (those born between 1946-1964, or aged 61-79 in 2025) stand out as the wealthiest generation in history. Born into the post-WWII expansion, they bought homes when prices were low, earned comfortable real wages, and piled into employer-sponsored retirement plans just as the stock market began its long bull run, benefitting from decades of

Bill Ackman’s $900 million investment in Howard Hughes Holdings Inc. (HHH) aims to transform the $4.1 billion real estate developer into a conglomerate in the style of Berkshire Hathaway Inc. (BRK.A; BRK.B). Ackman says HHH’s position is “vastly superior” to Berkshire’s start under Warren Buffett in the 1960s. However, creating the next trillion-dollar empire faces significant hurdles,

Here’s what to make of AppLovin’s meteoric rise and what might lie ahead for the stock. AppLovin (APP 0.98%) stock has had a roller-coaster 2025, reaching an all-time high before being cut in half after it came under scrutiny in a short-seller report. Since then, the stock has recovered most of those losses after the

Key Takeaways The Department of Labor recently removed guidance cautioning against holding cryptocurrencies in retirement savings accounts. Financial experts say adding crypto may be right for retirement savers with a high risk tolerance who will not need their retirement funds for many years. Fidelity is the only major U.S. financial institution allowing crypto to be

Key Takeaways The Department of Labor recently removed guidance cautioning against holding cryptocurrencies in retirement savings accounts. Financial experts say adding crypto may be right for retirement savers with a high risk tolerance who will not need their retirement funds for many years. Fidelity is the only major U.S. financial institution allowing crypto to be

Key Takeaways The S&P 500 surpassed the 6,000-point mark on Friday, extending a rally for stocks that’s been fueled by optimism about strong corporate earnings and economic data, as investors await further developments on the trade front. The benchmark index broke out from a pennant pattern last week, indicating a continuation of its recent move

News from a tech giant, inflation data and earnings from a meme-stock legend are among the highlights of the week ahead in markets. Apple’s annual Worldwide Developers Conference opens the week with a keynote session from CEO Tim Cook scheduled for Monday. Cook will likely use the event to address the company’s new products, services,