Barring a catastrophic injury, the Oklahoma City Thunder will hoist the Larry O’Brien Trophy for a second straight season. The reigning champions have breezed through the first five games of this year’s NBA postseason with victories by 9, 12, 13, 18 and 35 points. And you could make the case they didn’t play well in…
A motorist gets gas at a Shell station in Miami on April 13, 2026. Joe Raedle | Getty Images Auto debt is becoming a bigger problem for consumers, a new report shows. Total auto debt reached $1.68 trillion at the end of 2025 — a 37% increase since late 2018, when the debt was at…
FanDuel CEO Amy Howe has been ousted from that post after five years at the company, people familiar with the matter told CNBC. Christian Genetski, FanDuel president, will step in to lead the company, according to the people, who asked not to be named in order to speak about internal matters. Howe, head of the…
The SpaceX and Anthropic mega-IPOs may not be the boon to the stock market investors think they’ll be. Wall Street has been rolling out the red carpet for some of the most eagerly anticipated public debuts in recent memory — helped along by the Trump administration’s initiative to deregulate public and private markets to “make…
An exterior view of the U.S. Securities and Exchange Commission (SEC) headquarters in Washington. Jonathan Ernst | Reuters Prediction markets traders are confident the Securities and Exchange Commission will change its rules governing how often companies must report financial statements to shareholders, to semiannually from quarterly, following a formal proposal by regulators on Tuesday. Opinion…
Elon Musk arrives at the federal courthouse during proceedings in the trial over his lawsuit against OpenAI in Oakland, California, on April 30, 2026. Josh Edelson | Afp | Getty Images Elon Musk’s plans for a huge chip manufacturing plant in East Texas will cost at least $55 billion for the first phase, and up…
NEW YORK — A poet renowned for her insights into the natural world and our inner lives has received a $100,000 award. Marianne Boruch is this year’s winner of the Jackson Poetry Prize for “exceptional talent.” Judges praised Boruch’s work, including such collections as “Bestiary Dark” and “The Anti-Grief” as affirmations of human genius amid…
The best thing about the push-to-pass controversy in Long Beach is that the rules have changed and drivers won’t have to wonder if they should try to break the rules. Because that’s what it really came down to — whether a driver had to try to break the spirit of the rule while also avoiding…
A gas station sign displays prices in Washington, D.C., U.S., May 1, 2026. Annabelle Gordon | Reuters Lower-income consumers are compensating for higher gas prices by buying less while those in higher-income brackets haven’t changed their behavior much at all despite soaring costs, according to research released Wednesday by the Federal Reserve of New York….
Here are the stocks making headlines in midday trading. Arm Holdings — The British semiconductor designer jumped almost 13% on Nasdaq ahead of its latest earnings report due out after the close Wednesday. UBS analyst Timothy Arcuri raised his 12-month price target on ARM Tuesday to $245 from $175 previously. Healthpeak Properties — The healthcare…
