SpaceX on Monday acquired xAI, the artificial intelligence startup that also owns the X social media platform, in a deal combining two companies owned by Elon Musk.Musk in a news release said that the combination would aim to pursue AI data centers in outer space.The deal comes on the verge…
A closely watched inflation indicator ticked up unexpectedly in December, stoking concerns that consumers and the U.S. economy continue…
The shakeout in luxury retail that has claimed the parent company of Saks 5th Avenue, Bergdorf Goodman and Neiman…
President Donald Trump plans to nominate Kevin Warsh to the board of the Federal Reserve as a governor and…
People across the eastern United States are bracing for the threat of another winter storm this weekend as a…
Tesla CEO Elon Musk said Wednesday that the company would begin phasing out its Model S and Model X…
WASHINGTON — New “Trump Accounts” that provide free savings for millions of babies are proving popular, with 600,000 American…
Amazon said Wednesday it was slashing another 16,000 jobs across the company in an ongoing bid to restructure the…
The Federal Reserve held interest rates steady Wednesday, taking a measured, wait-and-see approach to the economy. Sometimes doing nothing…