Bloomberg Business

The turnaround that General Electric Co. has long been promising its investors is finally coming to fruition as the stock touched an important milestone Thursday.

AT&T Inc. fell the most in more than two decades after the No. 3 US wireless carrier missed analysts’ estimates for free cash flow in the first quarter and added fewer subscribers than a year earlier, signaling tight competition among rivals.

Stocks fell and bonds rose after data showed some softening in the labor market, housing and a gauge of business outlook. Traders also continued to wade through corporate earnings and comments from Federal Reserve speakers.

Oil wiped out almost all of the gains stemming from OPEC+’s surprise output cut as signs of global economic slowdown compound a bearish technical correction.

Marathon commercial flights that test the limits of long-range jets are getting help from an unlikely source to avoid falling short of their destinations: machine-learning algorithms.

Bitcoin’s dominant showing in 2023 is leaving exchange-traded fund investors divided on what’s next for the world’s biggest cryptocurrency.

Pras Michel, a Grammy-winner rapper who reinvented himself as political influencer, was paid $100 million to try to end US probes of Malaysian tycoon Jho Low and to aid the Chinese government in seeking the US extradition of a billionaire dissident, a prosecutor told jurors.

It’s getting easier to manipulate images but there’s little financial incentive for companies to invest in tools to detect fakes

A federal appeals court granted a temporary hold on congressional questioning of a former top prosecutor about the New York criminal case against Donald Trump, hours before the session was to begin.