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AI expansion drives up profits at bullish tech giant ASML

AI expansion drives up profits at bullish tech giant ASML

Dutch tech giant ASML, which makes cutting-edge machines to manufacture semiconductor chips, said Wednesday that rapidly expanding AI-related investments had pushed up net profits as it also hiked its sales forecast for 2026. ASML, Europe's biggest tech firm by market value, is a critical cog in

US bank profits jump as execs see consumers surviving oil spike, for now

US bank profits jump as execs see consumers surviving oil spike, for now

Large banks reported higher profits Tuesday, pointing to resilience among US businesses and customers despite spiking oil prices from the Middle East war. JPMorgan Chase notched gains across leading consumer and investment bank categories. CEO Jamie Dimon described the US economy as still healthy but facing an "increasingly complex

Swalwell, Gonzales to receive taxpayer-funded pensions

(The Center Square) – U.S. Reps. Eric Swalwell, D-Calif., and Tony Gonzales, R-Texas, will retain taxpayer-funded benefits after leaving their positions in Congress. Swalwell and Gonzales are leaving Congress amid allegations that both men sexually harassed female staffers. Reps. Anna Paulina Luna, R-Fla., and Teresa Leger

Goodbye, Spark Miles; Hello, Venture Business

The Capital One Spark Miles is no more. Starting today, it has a new name: Capital One Venture Business. Along with the updated moniker, the card added a few perks: * $50 annual travel credit via Capital One Business Travel. * $50 annual statement credit for qualifying software or advertising purchases. The

Consumer sentiment slides, but retail spending holds for now

Consumer sentiment slides, but retail spending holds for now Retail and e-commerce are entering a fragile phase as they head into peak planning. Consumer sentiment is falling again, but the implications for the industry are more complex than a single headline suggests. Beneath the surface, spending remains unevenly resilient,

Study: Workers With a Goal Are More Likely to Regularly Save Money

Study: Workers With a Goal Are More Likely to Regularly Save Money

Two-thirds (66%) of employed Americans regularly set aside money from their income in a bank account, according to a new NerdWallet survey. That’s good news: Savings enable people to use cash instead of debt for upcoming purchases. When unexpected expenses pop up, savings can fill the gap. Unfortunately,

What Travel Sports Really Cost Families — and How to Budget for It

What Travel Sports Really Cost Families — and How to Budget for It

Millions of kids are playing organized sports in the U.S. About 27 million participated in 2022 and 2023 combined, according to the Aspen Institute's Project Play survey. Roughly 1 in 5 of those kids is competing in travel sports, where the commitment — and the cost — goes well