News

S&P 500 sees $1.8 trillion wipeout, Nasdaq tallies biggest point drop on record: What investors need to know about Friday’s selloff

A remarkable two-month sprint higher for major stock-market indexes encountered its first major hiccup on Friday as the Nasdaq Composite plummeted more than 1,121 points — the biggest one day point drop on record, according to Dow Jones Market Data.

Berkshire Hathaway Just Agreed to Put $10 Billion Into Alphabet's AI Build-Out. Should Investors Follow?

Google's parent is raising tens of billions of dollars in stock to fund its AI spending -- and Warren Buffett's conglomerate wants in on it.

‘This would be a one-time event’: How can I take extra money from my 401(k) without triggering higher Medicare premiums?

“I generally withdraw money from my traditional 401(k) for projects, larger expenses and sometimes just to stay ahead on upcoming bills.”

We thought we found the perfect luxury retirement community, but it’s millions of dollars in debt. Are we trapped?

“If we were to leave, we would lose a portion of our buy-in — about $80,000.”

Turning 62 in 2026? You May Not Be Able to Apply for Social Security as Soon as You'd Hoped.

Make sure you understand this little-known rule before you apply.

Stock Market Today, June 5: Warner Bros. Discovery Falls on Reports of State Antitrust Challenge to Paramount Deal

Shareholder approval moved the deal forward, but antitrust scrutiny now puts the focus on whether regulators seek divestitures or conditions that could affect the timing and economics of the transaction.

Bitcoin is suffering from an ‘attention’ deficit, as momentum traders have moved on

“The AI trade is sucking the blood out of crypto,” one analyst notes.

Stock Market Today, June 5: American Airlines Rises Despite Route Suspensions

Premium cabins, loyalty growth, and record fuel costs are colliding to reshape this airline’s turnaround narrative, today, June 5, 2026.

Stock Market Today, June 5: Broadcom Falls as Strong AI Results Fail to Lift Guidance

Broadcom’s AI bookings remain the key proof point, with investors watching whether custom chip demand can convert quickly enough to support its fiscal 2027 AI revenue target.

Why Molina Healthcare Stock Cruised to a Nearly 10% Gain This Week

Towards the end of the week in particular, investors were hungry for less-risky stocks.

‘No one wears bling’: What does it say about America if people are afraid to wear their jewelry?

“I’ve been to many shows, operas, big parties and fundraisers.”

Nebius Stock Is Up 170% in 2026, and Leopold Aschenbrenner Just Bought a 5.6% Stake. Here's Why

The AI infrastructure company still has a bright future.

Prediction: This Will Be the Next Supercycle After AI Memory. 1 Stock to Buy Now Before It Surges Another 100%.

AI investors who missed the high-bandwidth memory boom may have a second chance as silicon photonics becomes the next critical bottleneck in AI infrastructure.

Marvell gets a spot in the S&P 500 — along with this data-center play

The new additions beef up the IT sector’s presence within the benchmark index.

Stock Market Today, June 5: NuScale Power Falls as Speculative Technology Names Tank

Today, June 5, 2026, investors are weighing fresh policy tailwinds and new SMR applications against NuScale’s shifting risk profile.

Intel Just Experienced a Monster 453% Rally. Is It Time to Sell or Double Down?

The good news continues to roll in for Intel, but now isn't the time to be greedy.

First Google, now Meta? Big Tech may increasingly sell stock to bankroll $820 billion AI boom.

Stock investors may not love it — but bond investors already heavily engaged in funding the AI buildout are pleased.

Why Navitas Stock Plummeted Today

Macroeconomic concerns just spurred a massive sell-off for Navitas stock.

These stocks fell the most Friday as Big Tech took a dive

Chip makers dominated the list of the day’s biggest losers among the S&P 500.

Is Dogecoin a Joke Investment -- or a Serious Long-Term Bet?

The fact that this digital asset has been around since 2013 showcases just how relevant it has remained over time.

Marvell, Micron shares tumble as the chip sector suffers its worst day in 6 years

Investors are cooling on momentum stocks and considering the implications of a strong jobs report.

Which Is the Better iShares Small-Cap Value ETF, the Morningstar-Indexed ISCV or Russell 2000-Based IWN?

Explore how sector exposures and index strategies set these small-cap value ETFs apart for investors seeking different portfolio priorities.

Travala lets AI agents book hotels with USDC on Base

Travala’s new protocol lets AI agents search and book hotels with USDC on Base, but travelers still approve the final payment.

The hiring recession is over — but landing a new job is much harder than it looks

The May jobs report blew past forecasts. Why is it taking six months to find a new job?

Nano Nuclear Could Be a 10X Stock, But Investors Should Know This 1 Thing Before Buying

The nuclear resurgence is here, and power-hungry data centers could provide a strong tailwind for the industry going forward.

Guidewire (GWRE) Q3 2026 Earnings Transcript

Crypto tax proposals weighed ahead of Tuesday House hearing

Among the issues US lawmakers are expected to discuss in a digital asset taxation hearing are “de minimis” reporting exceptions for crypto transactions.

Longevity in Your Family? This Could Be Your Best Social Security Move.

If you want the most benefits possible, your claiming age is clear.

Nvidia's 2,500% Dividend Hike Sounds Huge, but Here's What It Really Means for Investors

Nvidia's 2,500% dividend hike is mostly symbolic, not a reason to buy for income.

Mythos rejuvenated the cybersecurity sector. Earnings put the recent rally to the test

Mythos gave the cybersecurity sector a boost, but upbeat earnings weren't enough for investors in search of an AI payoff.

Nvidia Is Moving Into Intel and Qualcomm's Turf. These Are the Losers Investors Should Watch Closely.

Nvidia's new CPU represents an existential threat to legacy CPU makers.

Microsoft Shows Off In-House Tech. Is the Stock a Buy?

Microsoft is looking to become a more significant player in artificial intelligence.

Large Impinj Investor Trims Position by $11.3 Million

Impinj connects physical items to the digital world with advanced RFID solutions; a key insider recently reduced their indirect holdings.

Startup Battlefield 200 applications officially close in 3 days

Applications for Startup Battlefield 200 officially close on June 8, 11:59 p.m. PT. Don't wait any longer. Secure your shot at competing on the Disrupt Stage at TechCrunch Disrupt 2026 this October at San Francisco's Moscone West.

Bitcoin bears face $2.6B trap as BTC funding rate drops: Is a short squeeze brewing?

Bitcoin bears piled into short positions as BTC price slid to $60,000. Will the $2.6 billion in short leverage lead to an upside squeeze?

Why diehard bitcoin purists aren’t sweating the massive price crash that wiped out $200 billion

Mati Greenspan, Michael Saylor and Jameson Lopp blamed the AI boom for draining capital from bitcoin. Meanwhile, Jack Mallers refrained from sharing an outlook but recommended buying the dip.

Kraken offers SpaceX IPO access through xStocks

Eligible users in more than 110 markets can register for tokenized SpaceX equity ahead of the company's highly anticipated public listing.

Crypto tax in Illinois FY2027 budget is one step away from becoming law

The law, part of a budget plan passed by Illinois lawmakers, would put the burden of collecting a 0.2% tax on crypto transactions on a registered broker.

AI exposed a massive flaw in top crypto network and experts warn banks could be next

After an AI model helped uncover a four-year-old flaw in Zcash, security researchers warn that similar bugs may be hiding across crypto and traditional financial systems.

Crypto Biz: Nobody told Saylor ‘never sell’

Strategy’s Bitcoin sale challenged the “never sell” narrative, while JPMorgan attacked CLARITY and Capital B pursued a huge fundraising plan for BTC.

Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.

BlackRock-backed tokenization firm Securitize clears key hurdle to go public on NYSE

The tokenization specialist behind BlackRock's BUIDL fund could begin trading on the NYSE as SEC approves merger registration.

Pump.fun bounty platform pays users to tattoo tokens and chase viral stunts

Pump.fun launched a new bounty platform where users started funding bizarre memecoin marketing stunts, including forehead tattoos, skydiving as a mascot and setting a vehicle on fire.

This is your laptop… on AI

We're now deep into developer conference season, and one of the themes so far is the relentless conviction from Big Tech companies that AI is going to change everything about how we do everything. Nvidia's Jensen Huang made that clearer than anyone this week, when he described a completely new way...

Saylor says Bitcoin needs ‘disciplined expansion’ as analysts weigh demand reset

Michael Saylor’s essay calls for Bitcoin to expand through banks, credit, securities and higher layers while preserving its base layer.

Memecoins dogecoin, shiba inu dive 9% as bitcoin nears $60,000

Dogecoin and Shiba Inu led losses among major tokens as heavy volume and liquidations overwhelmed support levels, extending a broader risk-off move across crypto markets.

U.S. House tax committee weighs crypto bills, including relief for small transactions

Seven draft bills are being circulated by the House Ways and Means Committee ahead of a hearing next week, including proposals to ease small-gain, mining and staking burdens.

Bitcoin teases 'seller exhaustion' as BTC price downside reaches $60.3K

Bitcoin sellers were losing steam, market analysis said as ongoing BTC price downside brought the market closer to $60,000.

New York lawmakers pass one-year ban on new data centers

The New York State legislature passed a one-year moratorium on new large data centers, the first statewide ban of its kind if Democratic Governor Kathy Hochul signs it into law. Lawmakers behind the bill say it's meant to give policymakers time to understand the impact of large data centers on the...

Airwallex buys financial data automation platform Leapfin

Business payments outfit Airwallex has acquired Leapfin, a financial data automation platform specialising in revenue recognition and reconciliation. Financial terms were not disclosed.

Alsobrooks says Clarity Act needs ethics deal before Senate vote

The Maryland Democrat says bipartisan crypto legislation is close, but ethics and illicit finance concerns remain unresolved.

Bitcoin loses $60,000, falls to weakest price since October 2024

Several headwinds converged over bitcoin recently as its largest buyer turned seller, ETF investors headed for the exits, and rate-hike fears rose.

XRP falls toward $1.10 as liquidation-driven selloff pushes token to multi-month lows

XRP lost another 5% after a high-volume breakdown overwhelmed support near $1.20, leaving traders focused on whether the latest washout marks capitulation or the start of a deeper slide.

Cash App launches contactless wand

Cash App users can now make contactless payments with a tap of the firm's new $25 "magic wand".

Visa tests private stablecoin settlement with Brale, Canton

Visa is testing private stablecoin settlement on Canton with Brale, exploring whether institutions can use blockchain without exposing sensitive transaction data.

SpaceX sets aside record IPO allocation for retail investors

Elon Musk's rocket builder SpaceX is set to allocate up to a quarter of its $75 billion float to retail investors.

Wallester secures FCA authorisation as EMI

Wallester UK has been authorised by the UK Financial Conduct Authority (FCA) as an Electronic Money Institution (EMI), establishing a regulated foundation for its operations in the United Kingdom and advancing the company’s international expansion strategy.

This AI startup says it can tell if a script will make a hit film

When Quilty hit the industry trades earlier this year, the AI startup promised that its tool could accurately predict a film's success just by reading the script. When people actually got a chance to experiment with Quilty's product, though, they were left skeptical. Even with all the available...

Zcash weighs new shielded pool after counterfeiting flaw

Zcash developers are weighing a new shielded pool and turnstile accounting after the Orchard bug raised supply verification questions.

CoinDesk 20 performance update: Bitcoin (BTC) price drops 2.8% as index declines

All twenty constituents in the CoinDesk 20 index were trading lower since yesterday.

Bitcoin needs one more thing to happen to spark BTC price 'rally:' Analysis

Bitcoin whales flipped to support a BTC price rebound, but analysis warned that the Coinbase and Kimchi Premium still needed to return.

Major US banks to launch tokenised deposit network in 2027

US banks JP Morgan, Citi, Bank of America, and Wells Fargo are reportedly releasing a tokenised deposit system in 2027 in response to the stablecoin boom.

U.S. job growth blows past forecasts, setting stage for Fed rate hikes

Bitcoin is now facing another headwind — the prospect of higher interest rates.

Bearish zcash bets hit record high as privacy token's price crashes

Liquidations were small relative to the size of the decline, pointing to spot selling rather than a leverage cascade, while open interest in ZEC futures climbed to a record high in token terms as traders crowded into the slide from the short side.

House GOP eyes summer vote on prediction market restrictions for lawmakers

House Republicans plan a summer vote on a congressional stock trading ban and new restrictions on lawmakers’ prediction market activity.

JPMorgan, Citi-backed Clearing House plans tokenized deposit network in 2027: WSJ

Some of the largest banks are reportedly launching a tokenized deposit network in early 2027 in response to growing competition from stablecoin companies entering TradFi.

How low can Bitcoin price go if $60K support fails?

Bitcoin’s downside targets cluster near $50,000, but a larger weekly bearish setup puts a deeper correction toward $33,000 on the radar.

Live updates: bitcoin tumbles to $60,000 as blowout jobs data, Zcash bug keeps pressure on crypto

Zcash plummeted 40% after Shielded Labs revealed a major bug that went undetected for 4 years.

Arthur Hayes dumps zcash holdings after Orchard Pool vulnerability revealed

Hayes said he would reconsider his stance if his assumptions that an exploit is still possible prove to be incorrect.

Bitcoin sentiment hit peak bearishness at recent lows, peak bullishness near tops

Your day-ahead look for June 5, 2026

Forward Industries moves $32M in SOL amid $1B paper loss

Forward Industries moved $31.9 million in SOL to Coinbase Prime as its Solana bet sits over 70% underwater, underscoring growing strain on corporate crypto treasuries.

South Korea police probe Polymarket users over illegal gambling claims: Report

South Korean police reportedly launched the country’s first illegal gambling probe into local Polymarket users amid election-betting scrutiny.

Crypto's worst week since July 2024 deepens as bitcoin, ether near critical price levels

Crypto is on course for its worst week since July 2024, with the ether price approaching a critical support as a zcash exploit and AI capital rotation pile on the pressure.

Scotland Enterprise invests £3.18 million in fintech innovation lab

The Financial Regulation Innovation Lab (FRIL) has been granted £3.18 million from Scottish Enterprise to encourage fintech growth and collaboration.

ZA Bank partners with Industrial Bank to launch cross-border wealth management scheme

ZA Bank today announced its official partnership with Industrial Bank to launch the Cross-boundary Wealth Management Connect Southbound Scheme (the "Southbound Scheme"), marking a milestone as the first digital bank in Hong Kong to provide this service.

JPMorgan, Bank of America, Citi to start blockchain offensive with shared tokenized network

American's biggest banks plan to introduce a shared tokenized network next year to tackle the potential threat of stablecoins eating into their deposits.

U.S. bitcoin, ether ETFs end record multibillion outflow streak

U.S. spot bitcoin ETFs pulled in a net $3.05 million on Thursday, capping 13 straight sessions of outflows totaling roughly $4.4 billion. Ether ETFs ended a 17-day outflow streak.

Here's what could happen if bitcoin breaks below $60,000

A confluence of factors makes $60,000 as key level to watch for in the near term, according to Deribit.

Crypto billionaires bankroll Nigel Farage's pro-crypto party

Tether-linked billionaire Christopher Harborne and BitMEX co-founder Ben Delo donated $9.4 million to Nigel Farage’s Reform UK in the first quarter.

Strategy’s leveraged Bitcoin model has faced its first stress test: Grayscale

“Less Bitcoin on levered DAT balance sheets and more on diversified corporate balance sheets will be a positive,” said Grayscale’s head of research, Zach Pandl.

Bitcoin in danger of dropping to $60,000, with Zcash bulls turning their backs on ZEC

AI bets are recording rapid profit-taking as Broadcom as outlook for AI-chip sales fell short of high expectations, driving down crypto markets.

Bitcoin plunges to near $62,000 as the AI trade unwinds, HYPE falls 14%

Broadcom's disappointing AI chip outlook pulled the Nasdaq lower for a third session, dragged Asian equities down with it, and took crypto along for the ride.

BofA preps cross-border real-time payments service

Bank of America will soon enable corporate, commercial and financial institution clients to send and receive funds across borders instantly through Swift or the bank's CashPro digital platform.

Klarna launches in-app inbox to stymie scammers

Klarna is helping users avoid scams through the introduction of an in-app inbox where every message from the digital bank and BNPL provider lands.

Revolut co-founder Yatsenko steps down as CTO

Revolut co-founder Vlad Yatsenko is stepping down as chief technology officer at the fintech giant and becoming a non-executive director.

Lululemon cuts annual outlook, citing 'negative' media commentary and disappointing product launches

Lululemon is expecting its situation to get a lot worse before it gets better, as it issued weak guidance for the full year.

Stocks making the biggest moves after hours: Lululemon Athletica, ServiceTitan, Argan and more

See which stocks are posting big moves after the bell.

The May jobs report will be released Friday. Here's what to expect

The stronger-than-expected start this year for job creation could be in for a reality check.

Long-term unemployment is surging in the U.S. There are hidden costs for workers and the economy

Long-term unemployment can have ramifications on financial, emotional and family health that linger even after reentry into the workforce.

Kevin O’Leary agrees to downsize massive Utah data center

Kevin O'Leary agreed to halve the size of his planned 40,000-acre data center in Utah amid mounting pressure from residents and activists, as reported earlier by local affiliate ABC4. The Shark Tank star sent a letter to Utah Senate President J. Stuart Adams on Thursday, saying that he will remove...

Fin AI Agent comes to Plaid Link

When a consumer reaches out to a fintech support team, the question is almost always about something that's not working as expected.

Ramp raises $750M at $44B valuation as investors hunger for fintechs with an AI story

Ramp has nearly tripled its valuation over the past year as investors scramble to grab a part of the fast-growing startup.

Robinhood enters Canada as it completes acquisition of WonderFi

Robinhood Markets, Inc. (“Robinhood”) has closed its acquisition of WonderFi, a Canadian leader in digital asset products and services.

TSMC struggles to keep up with AI demand: ‘We can only support so much’

Taiwan Semiconductor Manufacturing Co. - the world's biggest semiconductor-maker - is struggling to meet demands from American customers even with its factory buildout in the US, according to reports from Reuters and Bloomberg. "Customer demand is so high, and we can only support so much," TSMC CEO...

Ramp hits $44 billion valuation on $750m raise

Fast growing expense management firm Ramp has hit a valuation of $44 billion off a $750 million Series F funding round.

Elon Musk is steamrolling Wall Street to become a trillionaire

Today on Decoder, I’m talking to Ryan Mac, a technology reporter at The New York Times and coauthor of the excellent book Character Limit: How Elon Musk Destroyed Twitter, which came out in 2024. I can’t recommend it enough. I wanted to have Ryan on the show because we’re on the cusp of the SpaceX...

Finastra offloads US core banking suite

Finastra a has sold its mid-market core banking portfolio to Cora Group, an operating group of Constellation Software.

Lendscape ships MCP server for asset finance

We’re excited to announce the general availability of the Lendscape Model Context Protocol (MCP) Server for asset finance.

Triple-A puts multicurrency account on stablecoin rails

Today, Triple-A, a licensed global payment institution, announces the launch of the European rollout of stablecoin-enabled Multicurrency Accounts, giving global businesses access to local banking collection rails without the need to set up a local entity.

Let us filter AI slop, you cowards

Nobody should be subjected to seeing shrimp Jesus all over their social feeds. | Image: Cath Virginia / The Verge, Getty Images It's almost impossible to avoid seeing AI-generated content online, but it doesn't have to be this way. YouTube, Instagram, TikTok, and more have ramped up content...

Fasanara Capital launches investment platform for Ferrari-backed lending

Fasanara Capital today announces the launch of Fasanara Ferrari Lending Platform, a pioneering partnership dedicated to financing loans backed by Ferrari automobiles, alongside the Fasanara Ferrari Strategy: Owner’s Circle, a new investment strategy targeting attractive risk/return opportunities...

AI leaders call for tougher protections against AI-aided bioweapons

Some of the AI industry's biggest rivals have put their many, many grievances aside for a common cause: making it harder for people to use their technology to develop biological weapons. In an open letter to US lawmakers, tech leaders are pressing Congress to enact rules closing what they say is an...

CFIT forms coalition to develop supported payments framework for learning disabled

The Centre for Finance, Innovation and Technology (CFIT) has formed a new coalition to focus on the development of a Supported Payments framework that will enable vulnerable customers to make everyday payments themselves, with a trusted thirdparty providing visibility, guidance and safeguards.

Lloyds prepares for agentic future with roll out of Microsoft 365 Frontier Suite

Lloyds Banking Group has signed a multi-year agreement to deploy Microsoft 365 E7: ‘The AI Frontier Suite’ company-wide.

National Bank of Georgia launches modernised RTGS payment system with Montran

The National Bank of Georgia (NBG), in partnership with Montran, has successfully launched its upgraded Automated Transfer System (ATS), a modernized Real-Time Gross Settlement (RTGS) platform designed to support ISO 20022 messaging, real-time payments, 24/7 processing, and enhanced national...

Amazon develops a warehouse robot that workers can speak to

The design hasn’t changed much from the original Proteus, which was announced in 2022. | Image: Amazon Amazon has announced a new version of its fully autonomous warehouse robot, Proteus, that will interact using language instead of code. The expanded capabilities come as part of a growing pivot...

U.S. proposes fresh tariffs on 60 economies over forced labor trade practices

USTR has proposed a 10% duty rate for economies that have adopted a full or partial prohibition on forced labor trade, and 12.5% for all other economies.

Why we're raising our price target on Broadcom despite its post-earnings sell-off

Broadcom's AI business will continue to shine and outpace the conservative forecast.

CrowdStrike is a buy, just not yet. Here's why

On top of the beat-and-raise, CrowdStrike announced a 4-for-1 stock split. But short-term thinkers sold the stock.

Stocks making the biggest moves after hours: Broadcom, CrowdStrike, PVH & more

See which stocks are posting big moves after the bell.

CrowdStrike narrowly beats estimates on AI tailwinds, but stock falls 10%

CrowdStrike shares have rallied nearly 60% this year on skyrocketing demand for cybersecurity in the age of advanced artificial intelligence.

U.S., Iran intensify attacks as ceasefire frays, peace talks stall

Iran's IRGC reportedly denied responsibility for the Kuwait airport attack, the latest blow to an already weakened ceasefire agreement.

As AI gets better, it reveals an empty promise

This week we've got tandem hands-ons with Google's new Gemini AI agent - Spark - from my colleagues David Pierce and Jay Peters. Their takeaways are similar: It's so effective that it's scary. Spark knew that David's dog is named Frida and knew the first name of Jay's wife, even though neither of...

Private payrolls grew by 122,000 in May, stronger than expected, ADP reports

Unlike prior months, where job growth was concentrated in healthcare and a few other sectors, gains were more broad-based.

We're upping our Palo Alto price target after strong earnings vanquish AI disruption fears

The business momentum is clear here, validating the stock's dramatic comeback to fresh highs.

Palo Alto Networks tops earnings as AI fuels cybersecurity urgency

The beat comes on lowered expectations, after the company gave disappointing guidance in February that fell short of analyst estimates.

Ulta shares pop as beauty retailer beats Wall Street expectations and hikes earnings outlook

Ulta Beauty beat on the top and bottom lines for its fiscal first quarter on Tuesday as CEO Kecia Steelman praised the company's strategy.

Victoria's Secret shares spike 40% after big earnings beat, raised sales outlook

Victoria's Secret has been in the midst of a turnaround under CEO Hillary Super, who said the company is winning over young shoppers across all incomes.

HPE surges 19% after Monday's blowout earnings, closing its best day ever

CEO Antonio Neri told CNBC that the company is "uniquely positioned" to capture the disruption brought about by artificial intelligence.

Job openings in April surged to 7.6 million, the highest in nearly two years

The Bureau of Labor Statistics reported that available employment hit 7.6 million for the month, a surge of 731,000 from the prior month.

Inflation hits 3.2% in the euro zone as Iran war pushes energy costs higher

Energy costs in the region surged by an annual rate of 10.9% in May.

HPE skyrockets 30% on biggest earnings beat since 2018

HPE's blowout second-quarter earnings report was highlighted by a strong Cloud & AI segment that showed soaring server revenue.

Revolut rolls out services to thousands of users in India ahead of broader launch

The British fintech has built a waitlist of about 450,000 users in India as it prepares for a broader launch.

Software stocks wrap up best month since 2001 as talk of 'SaaSpocalypse' subsides

Snowflake and Okta both saw record stock pops this week as investors found favor in their AI software strategies.

Dell stock skyrockets 32% for its best day ever as AI server revenue soars

Dell reported its fastest pace of revenue growth since returning to the public market in 2018, with AI server revenue soaring 757% over last year.

SentinelOne stock drops 8% as cyber firm trims headcount to boost AI investments

SentinelOne reported earnings after the bell Thursday and issued lackluster guidance for the current quarter and full-year.

Iran war cost: Average U.S. household paying $450 more on gas and energy

Higher energy costs can force consumers to raid their savings and lean more on debt to cover expenses.

Today is the last day to apply to speak at TechCrunch Disrupt 2026

Submit your session topic before today ends for a chance to speak at TechCrunch Disrupt 2026. Apply now to share your insight and help shape the conversations defining the tech industry.

Final 24 hours to save up to $410 on your TechCrunch Disrupt 2026 ticket

You now have until tonight at 11:59 p.m. PT to lock in Early Bird savings of up to $410 for TechCrunch Disrupt 2026 before prices increase. Join 10,000+ tech leaders in October for one of the most anticipated tech events of the year. Register now.

How the ‘double scar’ of past inflation woes and geopolitical shocks amid the Iran war is hitting consumers

Mental "scars" reinforce fears of stagflation, when rising prices coincide with declining growth, research finds.

Costco issues a lukewarm quarter, but delivers on the metric that matters most

It was not the best quarter, but far from bad.

Stocks making the biggest moves after hours: Dell Technologies, American Eagle Outfitters, Gap & more

See which stocks are posting big moves after the bell.

Gap shares tumble 14% as retailer cuts sales guidance after disappointing Old Navy performance

Gap issued mixed results as sales at its largest brand, Old Navy, fell short of estimates.

Costco says it saw 'record-breaking' gas volumes amid rising prices

Costco saw "recording-breaking volumes" of gas sales and said rising fuel prices drove first-time members to its stations.

Core inflation hit an annual rate of 3.3% in April, as expected, Fed’s preferred gauge shows

The PCE price index for April was expected to show an annual inflation rate of 3.8% for all items and 3.3% for core.

2 days left: Lock in ticket savings of up to $410 to TechCrunch Disrupt 2026

Savings of up to $410 on TechCrunch Disrupt 2026 tickets end tomorrow, May 29, 11:59 p.m. PT. Register now to save and join 10,000+ tech leaders on October 13-15 in San Francisco.

Energy inflation has been more persistent than expected, Fed's Goolsbee tells CNBC

While oil prices have recently fallen on news that a peace deal between the U.S. and Iran could come, prices are still significantly higher than before the war.

Fed’s Kashkari tells CNBC that inflation fight takes priority as labor market is 'in decent shape'

The Minneapolis Fed President warned that persistently high inflation risks becoming embedded in consumer expectations, potentially forcing tougher policy action later.

Startup Battlefield 200 applications close today: Nominate a founder or submit your startup

Today is the final day to apply or nominate a startup for Startup Battlefield 200. Once the clock strikes 11:59 p.m. PT, the window closes on your chance to compete for $100,000 in equity-free funding, gain global visibility, connect directly with investors, and launch on the TechCrunch Disrupt...

TechCrunch Disrupt 2026 Early Bird ticket savings end in 3 days

There are only 3 days left to save up to $410 on your ticket to TechCrunch Disrupt 2026. Early Bird pricing ends May 29 at 11:59 p.m. PT, and once the deadline passes, ticket prices increase. If you plan to attend one of the most influential gatherings in tech this year, now is the time to lock in...

Robinhood now lets your AI agents trade stocks

While these agents would be able to read and analyze users' portfolios to come up with trading strategies and suggest investments, they'll only be able to access the pre-loaded balance in the dedicated wallet to place orders.

TechCrunch Disrupt 2026 Early Bird ticket rates end May 29

Save up to $410 on your TechCrunch Disrupt 2026 pass before prices increase on May 29 at 11:59 p.m. PT. Register here to join the tech epicenter in San Francisco.

ECB 'will do what is necessary' to tame inflation, Bank of France governor tells CNBC

Markets are overwhelmingly pricing in a rate hike from the central bank at its next meeting.

Startup Battlefield 200 applications close in days: Apply before May 27

The deadline to apply or nominate for Startup Battlefield 200 is May 27. This is your shot at VC access, global visibility, TechCrunch coverage, and $100,000. Apply now.

5 days left: Save up to $410 on TechCrunch Disrupt 2026 passes before prices increase

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Americans are feeling inflation's pinch into the holiday weekend. Here's where prices are rising the most

Prices related to travel, recreation and food saw particularly steep increases, stretching Americans' wallets as they celebrate the unofficial start of summer.

Consumer sentiment hits fresh record low in May as Iran war fuels inflation worries

Consumer sentiment has tumbled to a fresh record low in May as fears of higher prices grow due to the U.S.-Iran war and elevated oil prices.

UK-Gulf trade deal a 'monumental achievement,' Bahrain industry minister tells CNBC

Abdulla bin Adel Fakhro said the deal was a win-win for the U.K. and Gulf states.

General Catalyst just led a $63M bet on India’s travel payments market

Scapia, an Indian startup that combines travel booking with co-branded credit cards and mobile payments, said the deal doubles its valuation.

Startup Battlefield 200 applications close in 1 week: Window to nominate and apply for the most promising startups closes May 27

Startup Battlefield 200 applications close May 27. Pitch at TechCrunch Disrupt, get investor access, win $100K, plus more scaling perks. Nominate an early-stage founder or submit your startup today.

Putin-Xi talks revive stalled Russian gas pipeline as Iran war rattles energy markets

Putin is expected to hold talks with Chinese leader Xi Jinping on Wednesday, with the long-stalled Power of Siberia 2 natural gas pipeline topping the agenda.

The AI economy is rewriting the American Dream — and blue-collar workers are poised to win

AI-driven hiring slowdowns are hitting some entry-level jobs for college graduates as companies like Ford and AT&T ramp up recruiting for skilled trade workers.

Google just redesigned the search box for the first time in 25 years — here’s why it matters more than you think.

For a quarter century, the Google search box has been one of the most recognizable interfaces in computing: a thin white rectangle, a blinking cursor, a few typed words, and a list of blue links. On Tuesday, Google will formally retire that paradigm. At its annual I/O developer conference, Google...

Kevin Warsh to be sworn in as Federal Reserve chair on Friday

Trump will swear in Kevin Warsh, his hand-picked choice to lead the Federal Reserve, during a White House ceremony.

The Fed will have to raise interest rates in July to appease 'bond vigilantes,' Yardeni says

Sent to the Federal Reserve to lower interest rates, incoming Chair Kevin Warsh instead may have to push for higher levels.

Khosla Ventures is betting $10M on Ian Crosby, whose first startup, Bench, imploded

Crosby is building Synthetic, a fully autonomous AI bookkeeping service for other startups.

Two weeks left: Startup Battlefield 200 applications close May 27

Your shot at VC access, global visibility, TechCrunch coverage, and $100K equity-free funding is running out. Deadline to apply is May 27. Apply now.

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Venmo’s biggest makeover in years comes at a very interesting time

The timing is notable. PayPal, which owns Venmo, is restructuring to spin Venmo off as a stand-alone business unit — a move widely seen as laying the groundwork for a potential sale. Stripe has reportedly expressed interest in buying PayPal outright.

Fintech startup Parker files for bankruptcy

Parker, a well-funded startup offering corporate credit cards and banking services, has filed for bankruptcy and is widely reported to have shut down.

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