BUSINESS

Odds that a proposed billionaire tax appears on California ballots plunge on prediction markets

Odds that a proposed billionaire tax appears on California ballots plunge on prediction markets

Odds that a proposed billionaire tax appears on California ballots plunge on prediction markets

shyam_rawat@yahoo.com June 16, 2026

California Governor Gavin Newsom speaks during the Munich Security Conference (MSC) in Munich, Germany, February 13, 2026....

Rivian laying off hundreds of workers amid R2 launch

Rivian laying off hundreds of workers amid R2 launch

Rivian laying off hundreds of workers amid R2 launch

shyam_rawat@yahoo.com June 16, 2026

Rivian electric vehicles are parked in front of a Rivian service center on April 30, 2026 in...

Student loan borrowers face glitches and misinformation ahead of major July 1 changes, advocates say

Student loan borrowers face glitches and misinformation ahead of major July 1 changes, advocates say

Student loan borrowers face glitches and misinformation ahead of major July 1 changes, advocates say

shyam_rawat@yahoo.com June 16, 2026

Damircudic | E+ | Getty Images July 1 is a significant date for tens of thousands of...

Prediction market traders speculate Anthropic will restore access quickly to AI model after Trump admin directed it to limit reach

Prediction market traders speculate Anthropic will restore access quickly to AI model after Trump admin directed it to limit reach

Prediction market traders speculate Anthropic will restore access quickly to AI model after Trump admin directed it to limit reach

shyam_rawat@yahoo.com June 16, 2026

Jonathan Raa | Nurphoto | Getty Images Artificial intelligence giant Anthropic shocked observers when it said Friday...

This AI play is no longer a ‘hidden gem,’ but Wall Street is still underestimating its potential, says Melius

This AI play is no longer a ‘hidden gem,’ but Wall Street is still underestimating its potential, says Melius

This AI play is no longer a ‘hidden gem,’ but Wall Street is still underestimating its potential, says Melius

shyam_rawat@yahoo.com June 16, 2026

nVent Electric is not an under-the-radar play, but it still offers an economical way to gain exposure...

New Wharton forecast puts Social Security trust fund depletion later than official projections

New Wharton forecast puts Social Security trust fund depletion later than official projections

New Wharton forecast puts Social Security trust fund depletion later than official projections

shyam_rawat@yahoo.com June 16, 2026

Dny59 | E+ | Getty Images Social Security‘s trust funds may have a bit more runway than...

The new oil? Inside the effort to turn AI computing power into a tradeable commodity

The new oil? Inside the effort to turn AI computing power into a tradeable commodity

The new oil? Inside the effort to turn AI computing power into a tradeable commodity

shyam_rawat@yahoo.com June 16, 2026

For decades, companies have turned to futures markets to manage uncertainty. Airlines hedge fuel costs. Farmers hedge...

Yum Brands sells Pizza Hut to private equity firm LongRange Capital and Yum China for $2.7 billion

Yum Brands sells Pizza Hut to private equity firm LongRange Capital and Yum China for .7 billion

Yum Brands sells Pizza Hut to private equity firm LongRange Capital and Yum China for $2.7 billion

shyam_rawat@yahoo.com June 16, 2026

A sign hangs above the front of a Pizza Hut restaurant on Feb. 9, 2026 in Chicago,...

This cybersecurity stock could soar on AI tailwinds. UBS says to buy it now

This cybersecurity stock could soar on AI tailwinds. UBS says to buy it now

This cybersecurity stock could soar on AI tailwinds. UBS says to buy it now

shyam_rawat@yahoo.com June 16, 2026

Dynatrace is poised to rally on a combination of artificial intelligence-related tailwinds, according to UBS. The investment...

Stocks making the biggest moves premarket: SpaceX, Robinhood, Huntsman & more

Stocks making the biggest moves premarket: SpaceX, Robinhood, Huntsman & more

Stocks making the biggest moves premarket: SpaceX, Robinhood, Huntsman & more

shyam_rawat@yahoo.com June 16, 2026

Check out the companies making the biggest moves premarket: SpaceX — Elon Musk’s rocket company jumped another...