Business
This chart tells the story of the hottest stock market in the world as Samsung Electronics reaches $1 trillion in market cap
South Korean stocks shot up another 6% on Wednesday and Samsung Electronics reached $1 trillion in market cap, two milestones on a remarkable year that seen the Kospi index surge 75% this year and nearly triple over the last 52 weeks.
Bill Cosby cuts the price of his New York townhouse to $5.99 million
Bill Cosby has reduced the asking price of his Manhattan townhouse weeks after a California jury determined that he should pay nearly $60 million in damages to a waitress that he is accused of drugging and sexually assaulting in 1972.
‘I have more money than I know what to do with’: I’m a single millionaire with no heirs and don’t like spending. What’s wrong with me?
“I buy clothes at thrift stores.”
Why Friday may see another spike in bond-market anxiety
It’s not just inflation concerns that have been pushing U.K. yields to multi-decade highs
‘I always did the graveyard shift’: I worked for 54 years. Why on earth would I wait to claim Social Security at 70?
The Committee for a Responsible Federal Budget published a paper suggesting capping Social Security at $100,000 for a married couple.
Novo Nordisk says the Wegovy pill saw the fastest take-up in weight-loss drug history
Novo Nordisk on Wednesday narrowly improved its financial guidance for a year where it still sees profit and sales falling after the fastest take-up in weight-loss drug history for its Wegovy pill.
‘Like 10 Manhattan Projects going off all at once’: AI is rewiring the entire global economy, says this BlackRock exec
The head of BlackRock’s fundamental equities global technology team, Tony Kim, says AI is rewiring the global economy, and that will just keep going.
Oil futures fall after Trump pauses U.S. effort to partially reopen Strait of Hormuz
Crude-oil futures fell late Tuesday after President Donald Trump said his latest effort to partially reopen the Strait of Hormuz would be paused, to buy more time to reach an agreement to end hostilities with Iran.
Astera Labs’ stock climbs as the company strives to make AI chips more powerful
The connectivity company also issued upbeat earnings results