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as healthcare costs surge into low double-digits for some companies, employers are cutting paid parental leave — one of the more generous benefits added in recent years. zoom communications reduced birthing parent leave from 22-24 weeks to 18 weeks, and non-birthing parent leave from 16 to 10 weeks. deloitte is reportedly
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the s&p 500 posted its richest profit margins in at least 15 years during the first quarter. but three big tech companies — alphabet, amazon, and microsoft — drove most of that strength. without them, the picture looks less impressive. those three alone added roughly 10 percentage points to the
cnbc_topnews
used ev sales jumped 27.7% in march from a year earlier, and 53.9% from february, per cox automotive. the surge is partly driven by three-year leases ending — most leases happened between late 2022 and 2023, and those cars are now hitting dealer lots "in droves," said
cnbc_topnews
more americans are buying simpler, cheaper cars as new vehicle prices hover near $50,000. sales of base trims and budget models like the nissan versa and ford maverick have climbed sharply since 2023, according to automaker data. the ford maverick — one of the cheapest pickups on the market — saw
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the trump administration is widening its crackdown on wind farms, citing national security. the defence department is stalling 165 projects as the president steps up efforts to stamp out the industry. no timeline was given for when — or if — those projects might move forward. source: ft_home sentiment: -0.40
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the outer edges of both parties are overlapping on a growing number of issues. it's not a merger, but the far left and far right are finding common ground on things like trade skepticism, opposition to foreign intervention, and distrust of big tech. the overlap is most visible
cnbc_topnews
opec+ agreed to increase oil output by 188,000 barrels per day for june, slightly less than may's 206,000 bpd hike. it was the group's first meeting without the uae, which officially left opec on may 1. the seven countries involved — saudi arabia, russia, iraq,
cnbc_topnews
top wall street analysts are pointing to three stocks with long-term potential, per tipranks. seagate technology, marvell technology, and amazon all got buy ratings and price target hikes this week. seagate beat estimates for its fiscal q3 2026, driven by ai demand for storage. td cowen's krish sankar
cnbc_topnews
u.s. crude oil exports hit a record in april at 5.2 million barrels per day — up more than 30% from 3.9 million bpd in february before the iran war, per kpler data. the port of corpus christi, already the third-largest oil export terminal in the world before
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greg abel ran his first berkshire hathaway annual meeting as ceo saturday, and he made one thing clear: no breakup. asked directly if berkshire would ever split up, abel said "absolutely not." he called the conglomerate structure efficient, without bureaucracy or bloated costs. buffett was there too, sitting
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trump's trade war and deregulation push are making renewable energy more attractive, even though he's not a fan of it. his tariffs on imported solar panels and steel drove up costs for new projects, but the uncertainty he's created around fossil fuel policy — from
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the us is blocking formal adoption of a global carbon levy on shipping, even though a majority of countries agreed to it a year ago. the levy was meant to be a key step in cutting emissions from international maritime trade. the legal mechanism to adopt the deal is now
