BUISNESS

Phoenix sets new ‘dangerously hot’ record of 113 degrees

The first heat wave of the year is expected to maintain its grip on the Southwestern United States for at

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‘Zombie’ companies soar to nearly 7,000—and many of these publicly traded firms won’t survive

They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival,

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Global Stocks Steady Ahead of Key US Payrolls Data: Markets Wrap

(Bloomberg) — European shares opened just off record highs, as traders waited to see if US jobs data due later

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TSMC’s May Sales Rise 30% as Countries Race to Secure AI Chips

(Bloomberg) — Taiwan Semiconductor Manufacturing Co.’s May sales rose 30% to NT$229.6 billion ($7.1 billion), helped by booming demand for

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Medical Device Maker Semler Scientific Buys $17 Million More Bitcoin and Is Raising Money to Purchase More

Semler Scientific is continuing to add bitcoin to its treasury with a $17 million purchase and an announcement that it’s

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Nvidia stock has another 24% to climb as it looks poised to dominate the computing market for the next decade, Bank of America says

Nvidia CEO Jensen Huang will deliver second quarter earnings on Wednesday as demand for processors driving the generative AI era

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Moody’s May Cut Six US Banks on Commercial Real Estate Exposure

(Bloomberg) — Moody’s Ratings said at least six US regional banks with a substantial exposure to commercial real estate loans

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Should I suggest my husband keep his $200,000 401(k), so I can take our $360,000 house?

“My early career 401(k)s were used as house down payments.” (Photo subject is a model.) – Getty Images/iStockphoto Dear Quentin,

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3 catalysts could spark a 10% sell-off in the stock market this summer, according to JPMorgan

Leonardo Munoz/VIEWpress/Corbis via Getty Images The S&P 500 could drop 10% over the summer months to 4,800, according to JPMorgan.

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Tesla board chair says not paying Elon Musk is unfair—‘Put yourself in his shoes’

Tesla shareholders will vote next week to ratify Musk’s stock option grant for a second time after a judge rescinded