Equifax will give consumers a range of options for monitoring their credit or making claims of fraud or data misuse, part of a $425 million restitution fund.Technologyread more
A group of gold miners stocks, "BAANG," are better plays than mega-cap FAANG names, according to John Roque, technical analyst at Wolfe Research.Marketsread more
The construction industry is heavily dependent on Hispanic and Latino workers, a workforce that diminished during the last housing crisis and has not come close to full...Real Estateread more
The stocks of several utilities opened lower, after weekend power outages during a major heat wave and from severe storms.Market Insiderread more
The deal between the White House and Democrats would raise the debt ceiling for two years and permanently end the sequester.Politicsread more
Danger is lurking in the stock market: An abrupt sell-off could be around the corner if the Federal Reserve doesn't deliver the rate cut the market expects next week.Marketsread more
Secretary of Education Betsy DeVos and her family have seen their investments skyrocket since President Donald Trump started enacting pro-business policies. Meanwhile, DeVos...Politicsread more
"Even a 50-basis point reduction would still keep the Fed funds rate well above zero," Shelton told The Washington Post in an email.The Fedread more
Also in Epstein's address book is supermarket mogul Ron Burkle, Chelsea Clinton, former Secretaries of State Henry Kissinger and John Kerry, and media titan Rupert Murdoch,...Politicsread more
Free stock-trading start-up Robinhood is now valued at $7.6 billion after closing its most recent late-stage funding round.Financeread more
"Whether it's this year or next year, the odds of another economic downturn are high — and growing," Warren says.Politicsread more
The deal would be Nvidia's biggest-ever acquisition and boost its business of making chips for data centers, allowing it to reduce its reliance on the video game industry, for which it is best known as a major technology vendor.
Nvidia has outbid Intel in the auction for Mellanox and could announce a deal as early as Monday, the person said. The source asked not to be identified because the negotiations are confidential.
Nvidia, Intel and Mellanox did not immediately respond to requests for comment. Financial news website Calcalist had reported earlier on Sunday that Nvidia had outbid Intel for Mellanox.
Mellanox's chips power high-speed networks connecting servers. The company, which is based in Israel and the United States, had a market capitalization at the end of trading on Friday of about $5.9 billion.
Data center revenue accounts for nearly a third of Nvidia's sales. Nvidia, based in Santa Clara, California has grown at a rapid pace in the past few years under CEO Jensen Huang, but a slowdown in China and a fading cyrptocurrency craze have started to weigh on its sales in recent quarters.
In January, Nvidia, which has market capitalization of $91 billion, cut its fourth-quarter revenue estimate by half a billion dollars because of weak demand for its gaming chips in China and lower-than-expected data center sales.
Nvidia's acquisition of Mellanox would also represent a win for activist hedge fund Starboard Value, which is a shareholder of the company and reached a deal with it last year over the composition of its board.