A self-driving Tesla carrying a passenger for Uber rammed into an SUV, sparking new concerns that a growing stable of self-styled “robotaxis” is exploiting a regulatory gray area in U.S. cities.
Read More Uber and Lyft drivers use Teslas as makeshift robotaxis, raising safety concerns
The market capitalization of many tech firms surged in September, buoyed by a Federal Reserve rate cut that typically enhances future profits and cash flows for high-growth companies.
Read More Tech market values jump in September on Fed rate cuts, AI optimism
The Pelosi’s are back making major moves in the stock market. The husband of the 52nd speaker of the House, Paul, unloaded over $500,000 worth of Visa stocks less than three months before the massive credit card company was hit with federal antitrust charges, according to public documents.
Read More Paul Pelosi Sold Over $500K in Visa Stocks Weeks Before DOJ Antitrust Lawsuit
This week, the U.S. Secret Service has begun “enforcement proceedings” investigating Elon Musk’s social media post after he jokingly questioned why people have only attempted to assassinate GOP nominee Donald Trump, but not Joe Biden or Kamala Harris, according to a Bloomberg article on Thursday.
Read More Secret Service Probes Elon Musk Over ‘Joke’ About Assassination Attempts on Trump
Wall Street had another big day with the Dow and S&P 500 hitting another intraday record high, just a day after the Federal Reserve cut interest rates by half-a-percentage point and forecasted that more cuts could be coming.
Read More Wall Street: Dow Skyrockets To All-Time High After Fed Delivers Rate Cut
Wall Street rallied on Thursday with the S&P 500 hitting another intraday record high after the Federal Reserve kicked off its easing cycle with half-a-percentage point reduction.
Read More Wall St jumps with tech stocks in the lead after Fed kicks off easing cycle