Sarah Jenkins

Markets

Citi lifts Microsoft Copilot estimates as Cramer questions bullish call

Citi said customer checks point to stronger Copilot adoption, while Jim Cramer said the view runs counter to what he has heard abo...

By Sarah Jenkins · 2 months ago

Markets

Anthropic bankers begin investor meetings as potential IPO advances

Goldman Sachs, Morgan Stanley and JPMorgan Chase are involved as the AI company tests demand for a possible listing later this yea...

By Sarah Jenkins · 2 months ago

Markets

Warsh faces Senate questions on economy and rates

The Fed chair is appearing before the Senate Banking Committee after telling House lawmakers the central bank remains focused on i...

By Sarah Jenkins · 2 months ago

Markets

Dan Ives and Yorkville form merchant bank focused on AI financing

Yorkville Ives & Co. will combine banking, research, trading and principal investing after Ives’s departure from Wedbush.

By Sarah Jenkins · 2 months ago

Markets

China’s second-quarter GDP growth slows to 4.3% as investment weakens

Official data showed growth missed a Reuters-polled forecast, with industry outpacing consumption and investment under strain from...

By Sarah Jenkins · 2 months ago

Markets

Todd Blanche faces Senate scrutiny over Epstein files and DOJ fund

Trump’s nominee for attorney general is expected to be questioned on Epstein records, a canceled $1.8 billion DOJ fund and prosecu...

By Sarah Jenkins · 2 months ago

Markets

Oil climbs as U.S. renews strikes and blockade near Hormuz

WTI rose above $80 and Brent neared $86 after U.S. forces hit Iranian military targets and resumed a blockade of Iranian ports.

By Sarah Jenkins · 2 months ago

Markets

New York pauses large AI data center construction for up to one year

Gov. Kathy Hochul's order covers new hyperscale facilities drawing at least 50 megawatts, citing grid strain, utility bills and wa...

By Sarah Jenkins · 2 months ago

Markets

Senators propose pathway for Social Security overhaul as fund deadline nears

The PROMISE Act would create a structured process for Congress to consider Social Security changes before projected trust fund dep...

By Sarah Jenkins · 2 months ago

Markets

Zipline adds Tesla, Waymo and Uber veterans as drone deliveries scale

The drone delivery company says it has topped 2.5 million commercial trips and expects its U.S. business to expand 15-fold this ye...

By Sarah Jenkins · 2 months ago

Markets

Social Security 2027 COLA estimates ease as June inflation cools

Analysts now put the 2027 Social Security benefit increase near 3.7% to 3.8%, after June CPI data showed slower inflation.

By Sarah Jenkins · 2 months ago

Markets

T. rex fossil sells for record $50.1 million at Sotheby’s

The specimen known as Gus exceeded its presale estimate and surpassed the 2024 auction record set by a Stegosaurus skeleton.

By Sarah Jenkins · 2 months ago