Cisco says it has a new chip that can make quantum computing useful more quickly
The company announced a new quantum lab and a research prototype chip that it said could make quantum computing possible within the next decade.
Comcast’s Xfinity Mobile gets Philadelphia arena naming rights
Igor Golovniov | Lightrocket | Getty Images The Philadelphia home of the NBA’s 76ers and NHL’s Flyers is getting a new name. Beginning in September the sports and entertainment venue in South Philadelphia will be named the Xfinity Mobile Arena, rebranding from the current Wells Fargo Center. The new name will remain through the 2030-2031 […]
This zero-day options craze could finally be coming to popular stocks like Nvidia and Tesla. Here’s what to know.
A surge in trading of so-called “zero days to expiry” — or “0DTE” — options has taken financial markets by storm over the past few years. Their rise has contributed to a boom in options trading that has drawn in both sophisticated investors and amateur speculators.
Toy manufacturing won’t come to U.S., but price hikes will
One of the goals of President Donald Trump’s 145% tariffs against China is to drive manufacturing back to America. But the odds of that are low, at least when it comes to toys. “We don’t see that happening,” Mattel CEO Ynon Kreiz said on CNBC’s “Squawk Box” Tuesday, less than a day after the company […]
Movie studio stocks fall after Trump proposes foreign film tariff
The famed Hollywood sign is viewed on September 25, 2023 in Los Angeles, California. Mario Tama | Getty Images Investors in Hollywood’s top studios and streaming services tried to make sense Monday of President Donald Trump’s proposed 100% tariff on movies made overseas. Shares of Netflix, Disney, Paramount and Warner Bros. Discovery briefly fell in […]
NY Fed’s inflation gauge outpaces headline PCE, hints at stubborn price pressures
Back when inflation surged after the COVID pandemic, the New York Fed rolled out a measure of prices that showed that things were heading to normalcy more than official statistics suggested.
Skechers to be acquired by 3G Capital in take-private deal
The entrance of the Skechers retail store at the Barton Creek Square Mall on July 16, 2024 in Austin, Texas. Brandon Bell | Getty Images Footwear giant Skechers has agreed to be acquired by private equity firm 3G Capital for $63 per share, ending its nearly three-decade run as a public company, the retailer announced […]
Can Trump really put tariffs on films produced abroad? The law says no.
A law passed by Congress in 1988 explicitly bars the president from being able to regulate the import and export of films, books and music — something TikTok recently brought up.
Newark flight delays sparked by air traffic control failure
People wait in line for a delayed flight at Newark International Airport on May 5, 2025 in Newark, New Jersey. Spencer Platt | Getty Images Air traffic controllers lost contact with aircraft heading to and from Newark Liberty International Airport last week, their union said, detailing an equipment failure that led to massive flight delays […]
My husband and I have $3M and are blessed with 3 children. Are we obliged to give them each $50K for their education?
“Do we have an inherent responsibility to support our children with college and perhaps skimp on early retirement?”
