Global oil inventories are approaching their lowest point in eight years, with Goldman Sachs analysts estimating that stocks could fall to 98 days of global demand by the end of May. Yet if you’re looking at the markets, things look…
For high school senior Aliyah Pack, getting distracted during school is the norm. Kids in her Pennsylvania school district use iPads starting in kindergarten, switch to Chromebooks in second grade and get their own MacBooks in eighth grade. Aliyah has…
Berkshire Hathaway more than tripled the size of its investment in Google’s parent company and bought over $2.6 billion worth of Delta Airlines stock as Greg Abel settled into the CEO job after taking over from Warren Buffett at the start of the year.…
On Feb. 10, an AI founder named Matt Shumer published a 5,000-word essay arguing that most of the world was sleepwalking into a crisis akin to coronavirus, but only tech people knew what was coming. The essay would be viewed…
SpaceX is seeking to file publicly for its long-awaited IPO as soon as Wednesday, according to people familiar with the matter. Elon Musk’s rocket, satellite and artificial intelligence company aims to kick off formal marketing as soon as June 4,…
Incoming Fed Chairman Kevin Warsh has made it clear he has made the president no promises: Despite being more bullish on the outlook for the economy, the new boss of the central bank says he hasn’t committed to rate cuts.…
The American worker is on a productivity tear and it may have more to do with a surge in working from home than the effects of AI, according to a Stanford economist. For the past five years, the output for…
Amidst the anxiety and disdain for data center growth, startups see an opportunity by designing mini data centers to install in homes that have less of a financial burden on residents, as well as a potentially lower ecological footprint than…
For generations, the American Dream had an address: New York, Los Angeles, Chicago. A high-rise, a corner office, a zip code that announced your arrival. The Census Bureau just confirmed that time is long gone. New data released Thursday shows…
The next frontier in the AI arms race may be a couple miles beneath the Pacific Ocean. Minerals like copper and cobalt are in high demand thanks to the $700 billion AI infrastructure buildout. Microsoft’s 80-megawatt Chicago site, for example,…