The most prominent figures in artificial intelligence are stepping back from dire predictions about mass unemployment, as the industry faces growing public hostility over AI's promised transformation of the workplace.But earlier doom-laden statements have now come to haunt the AI industry as the public, notably in the United States, voices serious discontent in polling over the disruption that tech companies and political leaders predict from AI. Most economic institutions, most recently the Eur
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WASHINGTON, May 27 (Reuters) - The head of the Federal Aviation Administration said on Wednesday that he expects the Boeing 737 MAX 7 to be certified this summer and the larger MAX 10 to be approved before the end of the year. FAA Administrator Bryan Bedford told Reuters at an aviation forum in Washington that he also expects Boeing will again hike production of the 737 MAX in the next 90 days.
J.P. Morgan says the separation could unlock more value for shareholders.
Wall Street spent the first quarter of 2026 looking like it had misplaced the map. Inflation readings from the Bureau of Labor Statistics moved higher, consumer confidence sank to record lows, and Treasury yields climbed as investors questioned whether the Federal Reserve would cut rates at all this year. By March 30, the S&P 500 ... The Stock Market Just Had One of Its Strongest 8-Week Runs Ever. History Says It May Not Be Done Yet
Most investors skip the simplest piece of self-accountability available to them. They form a thesis, place a trade, and then let time blur the original reasoning into something vaguer and more flattering. Clare Flynn Levy, the former hedge fund manager who founded behavioral analytics firm Essentia Analytics, has a fix for that, and she shared ... I Was Wrong About Inflation and Missed a Huge Stock Rally: The One Investing Discipline That Could Have Saved Me
(Updates prices.) Gold fell to a two-month low early on Wednesday, even as the dollar dipped as o
May 27 (Reuters) - Boeing is increasing 737 production to 47 jets a month, up from 42, after consulting with the Federal Aviation Administration, Boeing CEO Kelly Ortberg said on Wednesday. "We're off and rolling at the 47 rate, and we should be there in the next couple months," Ortberg said at the Bernstein Annual Strategic Decisions Conference.
Boeing stock rose after CEO Kelly Ortberg gave investors some good news about an important 737 MAX milestone. The company passed its capstone review with the Federal Aviation Administration, allowing it to increase its 737 MAX production to 47 jets a month, Ortberg said at the Bernstein Strategic Decisions investor conference Wednesday. Most recently, Boeing had been making 42 MAX jets a month, after getting FAA approval to raise production in late 2025.
Investing.com -- JPMorgan upgraded FedEx to Overweight from Neutral on Wednesday, raising its price target to $460 from $432, as the bank's analysts said the stock offers an attractive opportunity ahead of a pivotal period for the logistics giant.
Boeing's CEO said the company is ready to expand production of its 737 MAX models to 47 jets a month, a hopeful sign for its effort to move past quality-control problems. CEO Kelly Ortberg said Boeing recently passed a "capstone review" of its MAX production, clearing the way for its next increase in output. The Federal Aviation Administration capped Boeing's monthly manufacturing rate in 2024 after the midair blowout of a 737 MAX door panel, and regulators last year removed some production restrictions, but the company has ramped up output gradually to avoid snags.
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For years, investors could count on one thing from the Federal Reserve: when the economy weakened, rate cuts were usually right around the corner. But 2026 is shaping up differently. Inflation has started climbing again, even as the labor market cools. Unemployment is up to 4.3% while consumer prices accelerated above the Fed’s 2% target ... Fed Chair Kevin Warsh Was Just Sworn In at the White House. The Last Time This Happened, the Stock Market Crashed
Everywhere investors look, the warning signs seem to be multiplying. Inflation ticked higher again in the latest Consumer Price Index report from the Bureau of Labor Statistics. Producer prices are climbing, too, raising concerns companies may eventually pass those costs onto consumers. The University of Michigan’s consumer confidence index recently hit its lowest reading in ... Trump’s Bull Market is Over? Not a Chance! JPM Says S&P Can Rally 22% From Here
For its annual analysis of CEO pa y, The Associated Press used data provided by Equilar, an executive data firm. Equilar examined regulatory filings detailing the pay packages of 337 executives. Equilar looked at companies in the S&P 500 index that filed proxy statements with federal regulators between Jan. 1 and April 30, 2026.
Gold fell to a two-month low early on Monday, even as the dollar dipped as oil prices weakened ahead
On a recent episode of The Real Eisman Playbook, Bernstein Research senior energy analyst Bob Brackett made a claim that should change how income investors look at the oil majors. “Don’t compare the yields you get from a commodity company to government yields. Compare them to TIPS. These are inflation protected,” he told host Steve ... Energy Stocks Are Secretly Better Than Treasuries. Here’s Why Bob Brackett Is Loading Up on Exxon and Chevron.
Pre-Market Stock Futures: Futures are trading higher as we hit the mid-week point, as the technology-led rally continues to spiral higher. While the major indices finished the day mixed, the technology-heavy Nasdaq led the way once again, closing at a new record high of 26,656, up 1.19%, while the S&P 500 also set a new ... Here Are Wednesday’s Top Wall Street Analyst Research Calls: Agilent, Dollar General, FedEx, GE Aerospace, Hershey, Intuit, SanDisk, Workday, Zscaler, and More
(Bloomberg) -- As Americans confront a surge in prices at the pump, another inflation wave is headed for the grocery store.Most Read from BloombergIran’s Khamenei Says No Going Back for Middle East Rocked by WarSingapore Hands Byju's Founder His First Ever Jail TermPutin Signs Law on Use of Army to Aid Russians Detained AbroadRussia Tells US to Evacuate Its Diplomats and Citizens From KyivUS Strikes Targets in Iran Even as Trump Hails Progress on DealA combination of factors including bad weathe
Inflation expectations have driven bond yields higher, which could cause the stock market to fall sharply.
TRAVEL NEWSLETTER Happy Friday! We’ve got gobs of travel news to digest this week, so let’s dive in. Struggling Spirit Airlines looks like it might get a lifeline from the federal government, though no deal has been finalized.
Apple has spent much of 2026 defending itself. Tariff concerns. Questions about AI pace. A market that has rewarded louder AI stories more generously. The stock has still gained over 50% in the past 12 months, but the narrative has been harder to hold. On May 26, Bank of America analyst Wamsi Mohan ...
With aluminum at multi-year highs and the impact of tariffs remaining strong, domestic aluminum firms could be positioned to benefit.
Walmart delivered solid quarterly results, but investors focused on inflation risks and cautious guidance. One fast-growing business segment, though, may deserve closer attention.
A group of Attorneys General are again urging federal regulators to reject the application for the Union Pacific-Norfolk Southern transcontinental rail merger. The post Attorney Generals urge STB to reject new rail merger application appeared first on FreightWaves.
Memorial Day is supposed to feel like a victory lap into summer: gas tank full, cooler packed, suitcase in the trunk. This year, it feels like sticker shock. A snapshot circulated by Ed Elson, host of the Prof G Markets podcast, on X on May 25, lined up seven everyday inflation categories against last year’s ... Memorial Day Shocker: Gas Prices Up 28%, Flights Up 21%, Coffee Up 18%, Even Hot Dogs Cost 11% More than Last Year
Investing.com -- The Federal Reserve should shift closer toward hiking interest rates as rising consumer prices become the dominant threat to the economy, according to Citadel Securities.
Oklo (NYSE:OKLO) shares jumped on Tuesday after the company said it has been selected by the US Department of Energy (DOE) for advanced negotiations under the Surplus Plutonium Utilization Program, a federal initiative aimed at converting designated surplus plutonium into fuel for advanced...