News

High inflation is largely not Biden's or Trump's fault, economists say

Inflation surged to its highest level since 1981 during the pandemic era. That was primarily driven by dynamics outside White House control, economists said.

Banks in Synapse mess make progress toward releasing deposits of stranded fintech customers

More than 100,000 customers of fintech apps like Yotta, Juno and Copper have been locked out of their accounts since May.

China's robotaxi push sparks concerns about job security for drivers

China's yearslong effort to develop robotaxis is starting to gain traction with consumers — and rattling taxi drivers who are worried about losing their jobs

Ethereum ETF countdown: Bitwise CIO sees 'birth of a new asset class'

Spot ether ETFs could hit the market as soon as this week, pending SEC approval, and Bitwise’s chief investment officer plans to get in on the action.

Watch Fed Chair Jerome Powell testify live before the House financial services panel

The central bank chief is set for his second day of testimony on Capitol Hill.

The Fed may soon cut interest rates. That could make your next trip abroad more expensive

The Federal Reserve raised rates aggressively to tame high inflation, supporting the U.S. dollar. Cutting rates may weaken it versus foreign currencies.

Bill Gross says Tesla is the new meme stock

Longtime investor Bill Gross believes Elon Musk's Tesla is behaving like a speculative play among retail investors.

China's inflation numbers miss expectations, rising 0.2% in June

China's consumer price inflation rose by 0.2% in June from a year ago, missing expectations, while producer prices fell in-line with forecasts.

Athletic Brewing raises $50 million as nonalcoholic wave sweeps beer making

Athletic holds over 19% market share within nonalcoholic beer and is driving 32% of total nonalcoholic beer category growth, according to NielsenIQ data.

Watch Fed Chair Jerome Powell testify live before Senate banking panel

Powell speaks Tuesday to the Senate Banking Committee as part of his semiannual address to Congress on monetary policy.

'Make or break week:' Stifel sees 40% chance of President Biden dropping out of the race

Brian Gardner, Stifel's chief Washington policy strategist, said it is a "make or break week" for President Joe Biden's campaign.

Job scams surged 118% in 2023, aided by AI. Here's how to stop them

Innovations in artificial intelligence and the rise of remote work have fueled a surge in phony job and recruitment ads.
1 14 15 16 17 18 129