A federal jury in Phoenix has ordered Uber Technologies Inc. to pay $8.5 million in damages to an Arizona passenger who said she was raped by her driver while using the company’s ridesharing service. The decision, delivered Thursday in U.S. District Court for the District of Arizona, represents the first trial among roughly 3,000 consolidated […]
Average U.S. mortgage rates held largely steady during the first week of February, yet a disappointing labor market reading has raised expectations that borrowing costs may soften in the coming days. Current lending landscape Freddie Mac’s latest weekly survey shows the average 30-year fixed-rate mortgage inching up one basis point to 6.11%, while the 15-year […]
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Amazon’s decision to lift projected capital expenditures to roughly $200 billion in 2026 has prompted a swift share-price retreat and a round of price-target cuts, yet market commentator Jim Cramer argues the tech giant’s spending surge is not a reason to abandon the stock. Shares slipped 5.6 percent to $210 in Friday trading after management […]
New York, Friday (midday session) – U.S. stocks rallied sharply by midday, reversing the sharp technology-driven sell-off recorded a day earlier. All four major equity benchmarks advanced, with the small-cap Russell 2000 setting the pace. The Russell 2000 climbed 2.75% by 12:00 p.m. Eastern Time, outperforming its large-cap counterparts. The Dow Jones Industrial Average gained 1.8%, while […]
New York, Feb. 6, 2026. The Dow Jones Industrial Average finished above 50,000 points for the first time on Friday, capping a session marked by widespread gains across major asset classes. The blue-chip index advanced 1,206 points, or 2.4%, to close at 50,089. The milestone followed four volatile trading days dominated by steep losses in […]
The four largest U.S. technology companies—Alphabet, Amazon, Microsoft and Meta—are preparing to spend close to $700 billion on capital projects tied to artificial intelligence in 2026, according to new projections reviewed by Wall Street analysts. The anticipated outlay represents an increase of more than 60 percent from the record levels reached in 2025 and reflects […]
Analysts are taking a fresh look at the equity prospects of KKR & Co. Inc., the global investment management firm founded in 1976 and best known for its extensive private-equity portfolio. Established more than four decades ago, the New York-based company has built a diversified platform that spans multiple asset classes while maintaining private equity […]
Tucson, Ariz. — Federal and local authorities are examining a newly received communication that may be connected to the disappearance of 84-year-old Nancy Guthrie, mother of “Today” show host Savannah Guthrie, law enforcement officials confirmed on Friday. The Pima County Sheriff’s Department stated that detectives, in coordination with the Federal Bureau of Investigation, are “actively […]
Toyota Motor Corp. will hand the chief executive officer role to Chief Financial Officer Kenta Kon on 1 April, marking the world’s largest automaker’s second leadership transition in three years. Current CEO Koji Sato, who assumed the top post in 2023, will become vice chairman and take on the newly created position of chief industry […]
The most competitive high-yield savings accounts available on February 5, 2026 are still paying up to 4% annual percentage yield (APY), offering consumers a rare opportunity to lock in above-average earnings even as the broader interest-rate environment moves lower. Who is offering the top rate? Three online-focused institutions—SoFi, Barclays and Valley Direct—currently share the highest verified savings […]
Russian authorities have opened a criminal inquiry after Lt. Gen. Vladimir Alexeyev, a senior official in the Defense Ministry, was shot and wounded in Moscow on Friday. The attack occurred inside a residential complex on Volokolamskoye Highway, an area northwest of the city center that is home to several mid-rise apartment buildings and small shops. […]