Citi upgraded U.S. stocks to neutral from underweight, as a pause in Fed rate hikes becomes more likely and the U.S. economy fares better than expected.

The nearly 50% sell-off in Chegg shares this month after its quarterly earnings illuminated the danger A.I. presents to some long-standing businesses.

Walgreens said on Friday it would slash its corporate staff by about 10%, as it streamlines operations and focuses on consumer-facing health-care businesses.

New York, Paris and Tokyo may be on your travel bucket list, but there are plenty of cities that don’t get enough credit and are well worth a visit. This year’s pick, according to travel experts, is Bologna, Italy.

The core personal consumption expenditures price index was expected to increase 0.3% in April, according to a Dow Jones estimate.

OpenAI’s CEO threatened to cease operations in Europe if regulation expanded, then seemed to reverse his stance saying there are “no plans to leave.” 

President Joe Biden said negotiators were “very close” to a compromise agreement Friday to raise the debt ceiling.

Meta, Amazon, Alphabet and Twitter have all drastically reduced the size of their teams focused on trust and safety as the companies cut costs.

With $35,647 in annual costs, California is one the most expensive states to raise a child—but Michigan is up there, too.

Here are Friday’s biggest calls on Wall Street.