Federal Reserve officials left interest rates unchanged at their June meeting on Wednesday and predicted they would cut borrowing costs just once before the end of 2024, taking a cautious approach as they try to avoid announcing a premature victory over inflation. While the Fed was expected to leave interest rates unchanged, its predictions for … Read more
Eight former SpaceX engineers filed a lawsuit against Elon Musk on Wednesday alleging sexual harassment and retaliation. Musk, who founded SpaceX in 2002, “knowingly and intentionally created an unwelcome hostile work environment based on his workplace intrusion behavior of sexually explicit photos, memes, and comments demeaning women and/or the LGBTQ+ community “, say the employees. … Read more
Shares of this AI titan have gotten significantly cheaper, but its massive market cap remains the same. With the stock up 25,000% over the past 10 years, it’s no wonder Nvidia (NVDA 4.11%) relies on stock splits to keep its equity price manageable for smaller investors who may not have access to fractional shares. The … Read more
SAN FRANCISCO — For weeks, Tesla CEO Elon Musk has waged a campaign to convince Tesla shareholders to restore his nearly $50 billion pay package, the largest “ever seen in public markets,” according to the Delaware judge who struck it down. The company released a video that guides shareholders on how to cast votes with … Read more