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Japanese yen weakens to 160 against the USD for the first time since 1990
The Japanese yen weakened to 160 against the U.S. dollar in Monday morning trading in Asia.The...
Powell says there has been a 'lack of further progress' this year on inflation
Fed Chair Jerome Powell said the U.S. economy has not seen inflation come back to the...
March job growth zoomed: payrolls jumped by 303,000, unemployment drops to 3.8%
Job creation in March easily topped expectations in a sign of continued acceleration for what has...
Dow closes 500 points lower, worst day since March 2023
The Dow Jones Industrial Average ended Thursday down 530.16 points, or 1.35%, marking its fourth day...
Trump Media plunges more than 25% after company reports net loss of $58 million
Shares in Trump Media & Technology Group fell sharply after the company reported a net loss...
Xiaomi releases electric car $4K cheaper than Tesla's Model 3
Xiaomi CEO Lei Jun said the standard version of the SU7 will sell for 215,900 yuan...
Baltimore disaster may be the largest-ever marine insurance payout
Bruce Carnegie-Brown, chair of insurance giant Lloyd's of London, told CNBC that the payout from the...
Amazon spends another $2.7B on Anthropic
Jakub Porzycki | Nurphoto | Getty ImagesAmazon is making its largest outside investment in its three-decade...
Saudi Aramco CEO says world should abandon 'fantasy' of phasing out oil
Saudi Aramco CEO Amin Nasser said the current energy transition strategy is failing.The world should give...
China's housing minister says estate developers must go bankrupt if necessary
"For real estate companies that are seriously insolvent and have lost the ability to operate, those...
Reddit Spends 55% of its revenue on R&D
Reddit is going public with a time-tested business model pioneered by the likes of Facebook and...
Redditors Don't Want to Buy Reddit Stock
Reddit announced it is going public, with an IPO planned for next month under the ticker...
US Economy Will Fall into a Recession in the Middle of 2024
The soft-landing dream is over; instead, the US economy is headed for a recession in the...
Aramco shifts focus to renewables, halts oil expansion plans
Saudi state-controlled Aramco suspended its capacity expansion plans because of the green transition, Saudi energy minister...
Investors in Airbnb arbitrage business allege they were defrauded in scheme
Illustration by Elham AtaeiazarDaryn Carr is no stranger to side hustles. After his mom died from...
Arm Holdings Stock Price Soars 64% After Q3 Earnings Expose Its AI Wins
Arm Holdings stock soared as much as 64% on Thursday after the company reported better-than-expected third-quarter...
