Browsing: Business
Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the central bank does not need to rush to lower interest rates and can deliberate carefully,…
Citigroup is being probed by US government agencies over its ties to sanctioned Russian billionaire Suleiman Abusaidovich Kerimov, Bloomberg News reported on Thursday, citing a person familiar with the matter. The Department of…
A New York technology entrepreneur was sentenced to five years in prison on Thursday after pleading guilty last year to laundering funds stolen from Bitfinex, one of the world’s largest cryptocurrency exchanges, with the…
Hedge funds piled into bets on financial stocks, Tesla shares and a prison operator in the third quarter, filings showed, ahead of a rally that followed Donald Trump’s victory in the US presidential…
President-elect Donald Trump’s transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle purchases as part of broader tax-reform legislation, two sources with direct knowledge of the…
Warren Buffett’s Berkshire Hathaway said Thursday it made new investments in Domino’s Pizza and Pool Corp. in the third quarter, even as it retrenched from stocks such as Apple and Bank of America. Berkshire owned…
The FBI’s raid on the founder of the online betting site Polymarket shows that the Lawfare Era under the Biden-Harris administration didn’t die after Donald Trump’s decisive victory on Election…
JPMorgan Chase CEO Jamie Dimon will not be invited to be a part of the administration of Donald Trump, the president-elect said on social media on Thursday. “I respect Jamie Dimon, of JPMorgan Chase,…
Ice cream brand Ben & Jerry’s said in a lawsuit filed Wednesday that parent company Unilever has silenced its attempts to express support for Palestinian refugees and threatened to dismantle its board and sue…
Bluesky, a social media microblogging app reminiscent of rivals X and Threads, has welcomed 1.25 million new users to its platform in the week since the US election. Some of…