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Tuesday, April 23, 2024
Volcano-Powered Bitcoin Mining

ProShares’ Bitcoin Futures Fund Has Caused a Record $1.2 Billion Loss To Investors In...

The first publicly-traded bitcoin futures fund has burned a record billion-dollar hole in investors' pockets during its initial year of trading. The ProShares Bitcoin Strategy...
David M. Solomon CEO of Goldman Sachs

US Recession Is Very Likely, and The Fed Could Hike Rates Above 4.5%, Says...

The US economy will likely endure an extended slump, and the Federal Reserve may hike interest rates above 4.5%, Goldman Sachs CEO David Solomon...
Spotify - Omid Armin Via Unsplash

Spotify To Raise The Price of Subscriptions for US Users, CEO Daniel Ek says

Spotify CEO Daniel Ek said on Tuesday he would like to hike the price of subscriptions for users in the US. Ek's comments came after...
BREAKING: Google Strikes Deal with Federal Government on Online News Act

Alphabet Sheds 8%, Marking an Ominous Start to Big Tech Earnings Week

Shares of Alphabet dipped 8% Wednesday morning, a day after the search engine behemoth released third-quarter earnings that missed on the top and bottom...

Georgia’s High Court Says Geico Must Pay $2.7M for Failure to Settle

This is the case of Geico Indemnity Co. v. Whiteside, case number S21Q0227 in the Supreme Court of Georgia. In April 2021, the Georgia Supreme...
Settlement

Insurer Wants Release From $6M Payout to Home Improvement Chain

This is the case of North American Elite Insurance v. Menard Inc., case number 21-1813, in the U.S. Court of Appeals for the Seventh...
Apple - Beijing, China

Apple Raises Its Monthly And Annual Subscription Prices In the U.S.

Apple on Monday hiked monthly and annual subscription prices in the U.S. for its streaming services Apple TV+ and Apple Music. It also raised...
DiDi ride-hailing China

Li Auto Auto and Other Chinese Stocks Plunge Dramatically Amid Sharp Sell-Off

U.S.-traded shares of Chinese electric vehicle makers were hit by a sharp sell-off Monday, as investors soured on non-state-run Chinese companies following a weekend...

The Fed Is Likely To Keep Interest Rates Increased for a Long Time, Says...

The Federal Reserve is likely to leave interest rates high for a considerable amount of time, a move that would keep weighing down on...
Stock Market Wall Street

Stocks Making the Biggest Moves Midday: Tesla, We Work, Alibaba and More

Check out the companies making the biggest moves midday: Tesla — Shares of the electric vehicle company shed 3.2% after Tesla cut the starting prices...

Must Read

FTC Noncompete Ban: A Landmark Decision to Free Workers

FTC Noncompete Ban: A Landmark Decision to Free Workers

BREAKING: FTC Issues Groundbreaking Ban on Noncompete Clauses In a decisive move, the Federal Trade Commission (FTC) has implemented a sweeping ban on noncompete agreements,...