Skynesher | E+ | Getty Images With tax season underway, many filers are expecting bigger refunds due to retroactive changes enacted in President Donald Trump’s “big beautiful bill.” One expanded tax break in particular could trigger a sizable windfall for certain filers, experts say. For 2025, the legislation raised the federal deduction limit for state and…
The demand for power consumed by data centers is expected to more than double from 292 terawatt-hours (TWh) in 2026 to 606 TWh by 2030, according to McKinsey & Company. In percentage terms of total U.S. power demand, that’s a jump from 6.5% in 2026 to 11.7% by 2030. If you think that’s an overly…
Check out the companies making headlines in after-hours trading. Chipotle — Shares of Chipotle tumbled 6% after the fast-casual burrito chain reported that traffic to its restaurants declined for the fourth straight quarter . The company also projected flat same-store sales growth for 2026. To be sure, adjusted earnings and revenue for Chipotle’s fourth quarter…
Sam Altman, CEO of OpenAI (L), and Jensen Huang CEO of Nvidia. Reuters Nvidia CEO Jensen Huang and OpenAI CEO Sam Altman appeared together on CNBC in September to announce a mammoth $100 billion deal that was poised to usher in a new chapter for the booming artificial intelligence industry. Five months later, no contract…
LOS ANGELES — Chuck Negron, a founding member of Three Dog Night whose lead vocals powered a string of hits including “Joy to the World,” “One” and “An Old Fashioned Love Song” for one of the top rock acts of the late 1960s and early ’70s, died Monday. He was 83. He died of complications…
Minnesota United are in talks with James Rodríguez over a potential move that would bring the Colombian star to MLS, according to The Athletic. The 34-year-old is a free agent after leaving Club León and remains a key figure for Colombia ahead of the 2026 World Cup, despite not playing since late 2025. Free agent…
As Federal Reserve chair, Kevin Warsh could be expected to take a hammer to the central bank’s balance sheet, which for years had been tied closely to the ups and downs of the stock market. However, the prospect of a Fed chair determined to shrink asset holdings may not be the risk-off moment for the…
Lisa Su, chair and chief executive officer of Advanced Micro Devices Inc. (AMD), during a Bloomberg Television interview in San Francisco, California, US, on Monday, Oct. 6, 2025. David Paul Morris | Bloomberg | Getty Images Advanced Micro Devices reported fourth-quarter earnings that topped expectations, but the company’s first-quarter forecast fell short of what some…
Rocket Companies shares jumped on Tuesday after CEO Varun Krishna told CNBC the company was writing a larger amount of mortgage loans. “We’re getting ready for our earnings call here in just a couple of weeks, and I will share with this group that we’re on track to produce the highest mortgage loan production in…
Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Match Group beat Wall Street’s estimates on Tuesday but issued weak guidance as it invests in new artificial intelligence initiatives to turn around declining user growth at Tinder. Shares popped 12% during extended trading. The stock closed 8% lower on Tuesday. Here’s how the company…
