Business News

Seven Starbucks stores in central San Francisco are slated to close, reducing the coffee chain's heavy presence in the California city.

According to leading real industry group Mortgage Bankers Association, the average rate on the benchmark 30-year home loan climbed to 7.53% this week -- the highest rate since 2000.

A civil suit filed this week reportedly alleges Hadden is the "most prolific serial sexual predator in New York state history."

Shark Tank investor Kevin O'Leary, aka Mr. Wonderful, has expressed concerns that regulatory obstacles will drive crypto innovation away from the U.S. His comments followed a congressional hearing where Congress members ...

Foreign investments into Japan's real estate sector have been burgeoning in the past year, buoyed by a weak Japanese yen.

Tesla and Spacex CEO Elon Musk believes that fiat currency is a scam that is so normalized that we don’t even realize that it’s a scam. Many people share a similar view, including Rich Dad Poor Dad author Robert Kiyo...

Hot jobs data fueled worries the Fed may need to keep interest rates high to tamp down the resilient job market, while the CBOE volatility index, Wall Street's "fear gauge," hit its highest close since May 24.

Saudi Arabia is an "authoritarian regime" that undermines US national security, the senators wrote in a letter to the president.

Over 60% of Americans want a third political party, near a record high, according to Gallup.

"While we are not saying that the situation now is the same as in 2007 to 2008, there are enough similarities to warrant caution," JPMorgan said.

U.S. stocks are suffering from 'bad breadth' all year. But over the past month, the situation has gone from dire to extremely dire, underscoring some of the risks that arise when the market becomes too heavily reliant on...

Judge Arthur Engoron issued a gag order against former President Donald Trump after he attacked the judge's principal law clerk during the fraud trial.

The jury selection process in the criminal trial of FTX founder Sam Bankman-Fried is set to continue for a second day amid concerns of potential bias among prospective jurors. Out of the initial pool of potential jurors,...

The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 4, 2023. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.

Workers are feeling empowered to let their managers know what they're doing wrong as they search for new jobs.

Many millennials are switching to gig roles like contractors and delivery drivers as their primary source of income.

A lawsuit claimed that McDonald's and Wendy's overstated the size of their patties in adverts for nearly every product.

The Softbank founder believes that AI will surpass all human knowledge by 2030.

These states have the most single homeowners. Mississippi and Louisiana saw the largest number of single homeowners per capita, according to an analysis of census data.

Crypto-friendly congressman Patrick McHenry has temporarily assumed the role of US House Speaker after Kevin McCarthy was ousted by Congress. On Tuesday, McCarthy was voted out as House Speaker in a House of Representati...

Low volatility returned to crypto markets after a sudden move higher earlier this week following ETF decisions.

Ripple's Singapore arm has secured a license as a major payments institution from the Monetary Authority of Singapore, the company said, allowing it to keep providing digital payment token services in the fast-growing re...