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Nvidia shares slip after plunge that wiped out nearly $300 billion in market cap
Nvidia shares slip after plunge that wiped out nearly $300 billion in market cap

Nvidia's huge rise in recent years has been directly related to its dominance in AI chips for data centers.

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Sep 04, 2024
Fracking led the U.S. to pump more oil than any country in history — here's what that means for the green energy transition
Fracking led the U.S. to pump more oil than any country in history — here's what that means for the green energy transition

In 2023, the U.S. produced more oil than any country in history. This comes as fossil fuel and renewable energy subsidies face scrutiny.

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Sep 04, 2024
Nordstrom founders offer $23 per share to take the department store private
Nordstrom founders offer $23 per share to take the department store private

Nordstrom's founding family has offered to take the department store chain private for $23 a share, teaming up with a Mexico-based retailer in its latest bid.

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Sep 04, 2024
Airplane engines are in short supply. The business of fixing older ones is booming
Airplane engines are in short supply. The business of fixing older ones is booming

Engine repair shops have swelled to a $58 billion business, according to Alton Aviation Consultancy, and are cash cow for engine makers like GE Aerospace.

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Sep 04, 2024
Qualcomm ramps up challenge to Intel and AMD with latest AI PC chip
Qualcomm ramps up challenge to Intel and AMD with latest AI PC chip

Qualcomm launched the Snapdragon X Plus 8-core processor as it looks to ramp up its push into the AI PC space, taking on Intel and AMD.

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Sep 04, 2024
After Putin dodges arrest in Mongolia, the Kremlin says no one can hold Russia back
After Putin dodges arrest in Mongolia, the Kremlin says no one can hold Russia back

There was more than a whiff of self-satisfaction from the Kremlin on Wednesday, after Russian President Vladimir Putin wasn't arrested on his trip to Mongolia.

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Sep 04, 2024
82% of Americans say it's harder to retire comfortably now than it was for their parents—they may be right
82% of Americans say it's harder to retire comfortably now than it was for their parents—they may be right

The dream of retiring at 65 and living comfortably on your savings and investments feels increasingly out of reach for younger Americans.

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Sep 04, 2024
Nvidia is a no-go for over half of this ultra-rich club's members with assets worth $165 billion
Nvidia is a no-go for over half of this ultra-rich club's members with assets worth $165 billion

Over half of Tiger 21's members don't invest in Nvidia, according to a recent asset allocation report released by the network of ultra high net worth investors.

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Sep 04, 2024
Mortgage refinance demand is 94% higher than a year ago, as interest rates fall again
Mortgage refinance demand is 94% higher than a year ago, as interest rates fall again

Total mortgage application volume rose 1.6% last week, compared with the prior week, according to the Mortgage Bankers Association's seasonally adjusted index.

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Sep 04, 2024
Best Chase Credit Cards for September 2024
Best Chase Credit Cards for September 2024

These Chase credit cards earn cash back and ultra-useful travel rewards, but the benefits don't stop there.

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Sep 03, 2024
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