Business
From local business openings to the TVA, commercial real estate and growth and development, the Times Free Press covers all aspects of the Chattanooga area’s business community
More in Business, page 9
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US markets are weighed down by an extended sell-off in the tech sector
A broad sell-off in technology companies pulled stocks lower on Wall Street Friday, capping off the market’s worst week since late June.
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China moves to curb tech exports, including AI, citing national security risks
China on Friday said it plans to restrict or ban exports of 40 technologies that span artificial intelligence, chips and solar power as its technology race with countries including the United States intensifies.
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Tesla’s new Roadster car can thrust itself in the air. But don’t expect to drive it anytime soon
Tesla has unveiled its new Roadster sports car, which can thrust itself in the air, among other engineering bells and whistles. But drivers shouldn't expect to take it for a spin anytime soon.
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Trump increased investments in drugmakers that benefited from Medicare exemptions, Democrats say
Investments in pharmaceutical companies made on behalf of President Donald Trump increased significantly after he returned to the White House last year, with his portfolio adding millions of dollars in stock in firms that benefited from a Republican-backed law that shields certain medications from Medicare price negotiations, according to a report from congressional Democrats.
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States sue AI giant OpenAI, saying its popular chatbot is hurting children and deceiving adults
At least eight states are suing artificial intelligence giant OpenAI, saying the company's popular chatbot model violated state consumer protection laws by hurting children and deceiving adults in what prosecutors described as a reckless pursuit of profit.
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US consumers are muscling through higher prices, but for how long?
High gas prices are intensifying inflation and vacuuming up more of Americans' dollars, yet consumers are still digging deep to spend, powering the economy, at least for now.
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Wholesale inflation reaches levels last seen in 2022
Wholesale inflation rose more than expected last month on a big jump in fuel costs as rising prices become a bigger economic challenge for millions of Americans, and a growing political problem for Republicans in the upcoming midterm elections.
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Retail sales up 0.8% in September, but a big chunk of spending went to paying gasoline bills
Shoppers showed their willingness to spend in September even after a better-than-expected splurge in August.
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Wall Street muscles higher despite more swings for AI stocks
U.S. stock indexes muscled higher Thursday, led by companies delivering bigger profits. They pulled closer to their records even as stocks in the artificial-intelligence industry kept swinging on worries about how much longer their boom will last.
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US retail trade group forecasts healthy holiday sales, in part due to inflation
Don't count out U.S. shoppers when it comes to shelling out money for the winter holidays despite higher fuel prices and other financial pressures.
