In attempting to keep up with (or ahead of) the competition, model releases proceed at a steady clip: GPT-5.2 represents OpenAI’s third major model release since August. GPT-5 launched that month with a new routing system that toggles between instant-response…
At the Fed’s press conference, Fed Chair Jerome Powell acknowledged that many consumers are struggling with higher inflation. “We hear loud and clear” the concerns about affordability, Powell said. But what Powell and the Fed can do about affordability is…
Customers walk in the parking lot outside a Costco store on Dec. 2, 2025 in Chicago, Illinois. Scott Olson | Getty Images Costco on Thursday surpassed Wall Street’s quarterly expectations as its sales rose 8.2% year over year. The warehouse…
But if Musk’s rationale for keeping SpaceX private was to protect the Mars dream, is he abandoning this long-standing aim? Not necessarily. It’s likely that Musk sees artificial intelligence as a key part of the Mars vision. Whether one believes…
News As part of the tentative agreement, the utility agreed to put ‘downward pressure’ on rates, but lower bills from customers are not guaranteed. Georgia Power’s Plant Bowen in Cartersville is shown. The utility wants to add about 10,000 megawatts…
Markets reacted positively after the Fed cut interest rates by a quarter point on Wednesday. And part of the optimism seems to be around the Fed’s outlook for the economy, which it sees growing at a 2.3% rate in 2026…
David Ellison is taking his case directly to the WBD shareholders — David Zaslav doesn’t seem to be listening any longer. On Wednesday, Ellison sent a lengthy letter to Warner Bros. Discovery stockholders stating the case for why his Paramount…
Henrique Braun to become the next CEO of The Coca-Cola Company. Courtesy: The Coca-Cola Company Coca-Cola Chief Operating Officer Henrique Braun will succeed James Quincey as CEO next year, the company said Wednesday, as Coke and its rivals navigate tepid…
Q2 Remaining Performance Obligations $523 billion, up 438% in USD Q2 GAAP Earnings per Share up 91% to $2.10, Non-GAAP Earnings per Share up 54% to $2.26 Q2 Total Revenue $16.1 billion, up 14% in USD and up 13% in…
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Dec. 8, 2025. Brendan McDermid | Reuters Stock futures are little changed ahead of the Federal Reserve’s interest rate decision expected Wednesday. Futures…