Business News

A recent report shows that competitors are gaining on Tesla, but there is another reason Tesla risks losing significant market share in 2023.

Rents for both single-family homes and apartments are still rising, but at a far slower pace, as inflation squeezes consumers and landlords lose pricing power.

China's benchmark loan rates remained unchanged this month, according to a statement released by the central bank on Tuesday, despite more signs of weakness in the world's second-largest economy.

After an inconclusive court day in the Bahamas, Sam Bankman-Fried is now amenable to extradition, The New York Times reported.

Cartoon Network is keeping things fresh after 30 years. The company is rolling out its first brand refresh in a decade, updating its color palette, breaking down the logo, enlisting new talent and leaning into split-scre...

Consumer banking giant Wells Fargo was ordered to pay $3.7 billion in fines and refunds to customers by U.S. government regulators, the largest fine to date against the bank, which has spent years trying to rehabilitate ...

Meta rolled out Advantage+ shopping campaigns for e-commerce and retail advertisers in August. Now, the artificial intelligence-powered ad solution has shown enough promise in its first few months for the company to exte...

Congress is on the verge of passing a bill that aims to help Americans save more for retirement, including raising the age people must start withdrawing money from tax-deferred retirement accounts.

Solo Brands, known for its Solo Stove firepits, went public in 2021 about the same time as outdoor cooking brands Weber and Traeger. But while these closely compared companies sales fell in 2022, Solo Brands revenues are...

Nigeria is expected to designate cryptocurrency as capital for investment if the country’s House of Representatives votes to approve a bill that seeks to amend the Investments and Securities Act of 2007, a report has s...

Oil futures tick higher Tuesday as the U.S. dollar loses ground, while traders track surging COVID-19 cases in China

Payments giant Visa has released a proposal that would allow Ethereum users to make automated programmable payments without the involvement of any third party....

Bitcoin is trading bearishly on December 20, having breached a narrow range of $16,550 to $16,800 and falling to the 16,300 level. However, Bitcoin has returned to the same trading range as before. Investors are waiting ...

The Biden administration on Monday delayed proposing detailed rules for new tax incentives for electric vehicles, following strong pushback from European and Asian allies that the subsidy program discriminated against th...

Pharmacy chains CVS Health Corp. and Walgreens Boots Alliance Inc. limited purchase of children’s pain drugs as they face supply constraints and high demand with the United States experiencing one of the worst flu seas...

The wallets were thought to be inaccessible following the death of the exchange's founder in 2018, as he had sole responsibility for the wallet's private keys.

On Dec. 17, reports detail that residents in Lebanon have been staging sit-ins and protests at banks in order to access their own savings accounts. Since the economic collapse in 2019, Lebanon’s banks froze Lebanese ba...

The FTX founder has agreed to be extradited, with lawyers drafting documents, according to a person familiar with the matter.

Vice Media is expecting to miss a 2022 revenue goal by more than $100 million, according to people familiar with the situation, a blow for the new-media company as it pursues a sale.

Super Micro Computer Inc. shares edged up 5% to nearly $83 in after-hours trading Monday following a notice that the company will replace Steel Dynamics Inc. in the S&P MidCap 400.

The Bank of Japan's surprise decision to widen the trading band around the country's 10-year government bond yield sent shock waves through global markets.

The spending bill Congress released Tuesday only includes $1 billion for climate finance for poorer nations. The White House hoped to spend far more.