Business Blog

Due to dual Hollywood labor strikes, studios are being forced to decide between releasing films without actor promotions or push openings to next year.

David Ferrucci, who led the team behind IBM Watson, raised nearly $60 million in funding for his AI startup, Elemental Cognition, according to an SEC filing.

The two big-box retailers' fiscal second-quarter results had sharp differences, even as economic factors shape consumer spending.

Meta continues to lose money building the metaverse as Reality Labs records a second-quarter operating loss of $3.7 billion.

Fed Chair Jerome Powell said that the economy will need to have a period of below-trend growth for inflation to come down.

The California attorney general is investigating Tesla over the electric car company's driver assistance technology, CNBC has learned.