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David Paul Morris/Bloomberg via Getty ImagesInflation fell in September as lower gasoline prices combined with other waning price pressures in areas such as housing to bring relief to consumers' wallets, according to the U.S. Bureau of Labor Statistics. The consumer price index, a key inflation gauge, was up 2.4% last month from September 2023, the bureau said.That figure is a decline from 2.5% in August, meaning price growth slowed. It's also the smallest annual reading since February 2021.The September CPI figure was slightly higher than economists predicted, however.There were some trouble spots, such as an uptick in categories including clothing, car insurance and groceries. Most appear to be "one-off" increases, though, said Mark Zandi, chief economist at Moody's."The trend on inflati...

Microsoft on Thursday announced new health-care data and artificial intelligence tools, including a collection of medical imaging models, a health-care agent service and an automated documentation solution for nurses. The tools aim to help health-care organizations build AI applications quicker and save clinicians time on administrative tasks, a major cause of industry burnout. Nurses spend as much as 41% of their time on documentation, according to a report from the Office of the Surgeon General. "By integrating AI into health care, our goal is to reduce the strain on medical staff, foster the collective health team collaboration, enhance the overall efficiency of healthcare systems across the country," Mary Varghese Presti, vice president of portfolio evolution and incubation at Microsof...

Omar Marques | Lightrocket | Getty ImagesShares of Trump Media shot up more than 17% Thursday, keeping up the momentum of a rally that has recovered some of the Truth Social operator's steep losses from a recent weekslong sell-off.DJT stock closed at $24.12 per share, more than double the $11.75 price it fetched in an intraday trading low just over two weeks ago.Stock Chart IconStock chart iconTrump Media (DJT) Stock PriceThe surge came amid little positive news about the company, but coincided with some recent presidential election polls and other indicators that allies of former President Donald Trump, its majority shareholder, took as positive signs.Many analysts have described Trump Media as a meme stock that is being bought and sold in large part by fans of Trump, who view investing i...

Warren Buffett walks the floor ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2024. David A. Grogen | CNBCWarren Buffett's Berkshire Hathaway has reduced its stake in Bank of America to below 10% amid a selling spree that started in mid-July.In a Thursday night filing with the U.S. Securities and Exchange Commission, Buffett disclosed the sale of more than 9.5 million shares, split between three transactions made from Tuesday to Thursday. The move brings his holdings down to 775 million shares, or a stake of about 9.987%.Since the holding is now under the key 10% threshold, Berkshire is no longer required to report its related transactions in a timely manner. The SEC requires shareholders who own more than 10% of a company's equity securities to re...

Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X looks on during the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024. David Swanson | ReutersWith Tesla's hotly anticipated robotaxi event hours away, investors will soon get a glance at what CEO Elon Musk has called the CyberCab.After a decade of unfulfilled promises to deliver autonomous vehicles, capable of traveling reasonable distances safely without a human at the wheel, there's a hefty dose of skepticism about what Tesla can do technologically, and when its robotaxi might actually hit the market.The robotaxi day, or "We, Robot," event is scheduled to begin at 7:00 p.m. Pacific time at a Warner Bros. studio in Burbank, California and will be liv...