Artificial intelligence could shake up car insurance stocks as autonomous vehicles become more ubiquitous. That’s bad news for Progressive and Allstate , according to BMO Capital Markets. In a Thursday note, analyst Michael Zaremski said that the total addressable market for personal auto insurance could peak at about $560 billion around the year 2040. From…
Elon Musk, chief executive officer of Tesla Inc., during the US-Saudi Investment Forum at the Kennedy Center in Washington, DC, US, on Wednesday, Nov. 19, 2025. Bloomberg | Bloomberg | Getty Images Elon Musk said a primary reason for merging SpaceX with his artificial intelligence startup, xAI, is to more effectively build “orbital data centers.”…
NEW YORK — A year after the actor’s death, a generative AI version of Val Kilmer will co-star in an independent film, in one of the boldest uses yet of artificial intelligence in moviemaking. First Line Films announced Wednesday that Kilmer has posthumously joined the cast of a film titled “As Deep as the Grave.”…
With gold down from its late-January highs, Wells Fargo is now advising clients to buy the dip, expecting another rally for the precious metal soon. Spot gold is off its lows seen earlier in February, but remains down more than 10% from its record high of $5,594.82 per ounce on January 29. U.S. gold futures…
It’s hardly a surprise that filmmaker Emerald Fennell, who possesses a particular interest in shocking and riling her audience, was drawn to Emily Brontë’s “Wuthering Heights.” This is a novel that has vexed critics since the beginning, with one in 1848 decrying its “vulgar depravity and unnatural horrors.” Nearly 179 years after its publication, “Wuthering…
A trading floor manager works on the floor of the American Stock Exchange (AMEX) at the New York Stock Exchange (NYSE) in New York, US, on Monday, May 4, 2026. Michael Nagle | Bloomberg | Getty Images U.S. stock futures were little changed on Monday night after the major averages suffered declines amid growing concerns…
A trader works at the New York Stock Exchange on Aug. 25, 2025. NYSE U.S. stock futures were little changed on Monday night, with investors weighing the latest developments on the trade front to kick off a seasonally poor month for equities. Dow Jones Industrial Average futures rose 41 points, or 0.09%. S&P 500 futures…
Stocks listed in Europe were broadly higher on Friday, as investors assessed the latest trade policy announcements out of the White House. The pan-European Stoxx 600 index was up by 0.2% by around 10:00 a.m. London time (5 a.m. ET), with most sectors in positive territory. The Stoxx Europe 600 Healthcare index saw rocky trade…
LEAD PICTURE This report is from this week’s CNBC’s “Inside India” newsletter, which brings you timely, insightful news and market commentary on the emerging powerhouse. Subscribe here. The big story 31-year-old Aarushi Kilawat is a fashion entrepreneur from India’s Jaipur, a small city with less than 5 million residents — a far cry from Indian metropolises…
Americans pay an average of about $290 to file their tax return each year, according to the National Taxpayers Union. There’s no getting around paying taxes, but there’s something galling about paying for the privilege. Thankfully, most major tax software companies offer a free tier. There are usually limitations — such as only accepting simple…
