The Energy Department says the largest-ever such investment will target heavily-polluting industries, such as steel and cement manufacturing; Boeing CEO to step down by end of year; New home sales dip 0.3 percent in February as existing home sales soar; EU launches new investigations of Meta, Apple, Google.

Biden administration is investing $6 billion to reduce carbon emissions in manufacturing

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News

Markets climb; Apple announces AI features; Activist investor shakes up Southwest; WNBA gets Caitlin Clark boost.

Apple joins AI race

Latest predictions come as Fed officials prepare to meet; Nvidia completes stock split; Norway sovereign wealth fund is latest shareholder to oppose Tesla’s Musk pay; Supreme Court to hear Meta appeal of lawsuit sparked by Cambridge Analytica scandal.

Wall Street firms predict September interest rate cut

Markets edge down; May jobs report shows strong growth; Emissions standards less ambitious; GameStop plunges despite meme stock attention.

Job growth surprise

The economy added 272,000 jobs in May; Fed officials to meet next week; GameStop announces quarterly sales decline; China’s exports increase.

The monthly jobs report paints a brighter picture than expected

Markets were steady; Initial jobless claims rise; European Central Bank lowers rates; AI companies investigated.

Biden administration is investing $6 billion to reduce carbon emissions in manufacturing

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