On Friday, President Donald Trump called for a one-year cap on credit card interest rates at 10%, effective Jan. 20.

Social Security’s retirement trust fund is projected to run out of money by 2033, with the disability trust fund running out ...

This article is part of Kotaku Deals, produced separately from the editorial team. We may earn a commission when you buy through links on the site. If you’re looking for a more immersive way to play ...

Meta Platforms stock fell 26% from peak to trough amid AI spending concerns. The company plans to cut its Reality Labs division by 30%. Meta trades at 29.3x trailing P/E after underperforming the S&P ...

Meta Platforms Inc. (NASDAQ: META) stock gained after a report indicated that the Facebook parent is preparing to reduce resources for its metaverse efforts significantly. CEO Mark Zuckerberg had ...

Shares of Meta Platforms Inc. (META) rose on Thursday after Bloomberg reported the technology company was planning to cut spending across its division by 10%, with as much as 30% of the cuts affecting ...

A version of this story will appear in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. Shares of the company formerly known as Facebook shot up 7% early Thursday in ...

The U.S. stock market sank sharply in early trading, with investors increasingly skittish about the strength of the artificial intelligence boom. The S&P 500, which set a record high in late October, ...

It’s the end of an era for Berkshire Hathaway as Warren Buffett prepares to step aside as CEO. Investors shouldn’t worry about the change—in fact, they should welcome it.

Two former Meta employees alleged in sworn congressional testimony Tuesday that the company’s virtual reality products have exposed children to adult content such as nudity, sexual propositions and ...