Business News
Oil Rises Amid Low Inventories
Wall Street Journal - 23 Dec 2024 05:24
Oil prices rose in early Asian trading amid low inventories.
Starbucks workers expand strike in US cities, including New York
New York Post - 23 Dec 2024 04:48
Starbucks workers have expanded their strike to four more US cities, including New York, the union representing over 10,000 baristas said late on Saturday.
A federated digital dollar is key to sustaining US economic leadership
American Banker - 23 Dec 2024 17:00
The U.S. is risking the status of the dollar as the world's reserve currency by delaying the launch of a central bank digital currency. Adopting a "federated" version of a CBDC could answer the concerns of many skeptics.
Nordstrom to go private after doing the math on facing bigger rivals
Market Watch - 23 Dec 2024 16:49MicroStrategy paid well over $100,000 per coin in its latest bitcoin purchases
Market Watch - 23 Dec 2024 16:38After $775 million Tether investment, Rumble's tender offer should alleviate investor liquidity concerns, analyst says
Market Watch - 23 Dec 2024 16:29Honda and Nissan have made merger talks official. Why Honda's U.S.-listed shares are flying.
Market Watch - 23 Dec 2024 16:23China's EV Boom Is Starting to Pinch Oil Producers
Wall Street Journal - 23 Dec 2024 14:00
Big, integrated oil companies could face a double whammy from the shift in China's car market.
Bitcoin sees first major weekly price decline since Trump's election win
Coin Telegraph - 23 Dec 2024 06:45
Bitcoin is now down around 11% after reaching its all-time high price of $108,135 on Dec. 17.
Binance Founder CZ Warns: Receiving Crypto This Way Could Instantly Empty Your Wallet
Bitcoin.com - 23 Dec 2024 05:30
Crypto owners risk losing everything by accepting assets via shared private keys or pre-configured wallets, warns Binance's former CEO, CZ, emphasizing the danger of shared access. CZ Cautions Crypto Users--A Simple Tran...
Chinese Shares Open Mixed; Oil & Bank Stocks Rise
Wall Street Journal - 23 Dec 2024 03:56
Chinese shares opened mixed, with oil and bank stocks leading gains.
XRP Lawsuit Reaches 4 Years as Ripple Pushes Trump to Reform SEC
Bitcoin.com - 23 Dec 2024 02:10
Ripple is calling on the SEC to rebuild trust as its four-year legal fight over XRP persists, with hopes for policy shifts under incoming leadership. Ripple Urges SEC to Rebuild Credibility Amid XRP Lawsuit Ripple remain...
A million taxpayers will soon receive up to $1,400 from the IRS. Who are they and why now?
New York Post - 23 Dec 2024 00:39
Approximately 1 million taxpayers will automatically receive special payments of up to $1,400 from the IRS in the coming weeks. The money will be directly deposited into eligible people's bank accounts or sent in the mai...
DexCom, Abbott Agree to Settlement in Patent Litigation
Wall Street Journal - 23 Dec 2024 23:56Auto & Transport Roundup: Market Talk
Wall Street Journal - 23 Dec 2024 23:56Learn how GE Healthcare used AWS to build a new AI model that interprets MRIs
Venture Beat - 23 Dec 2024 23:54
Here's how GE Healthcare overcame challenges of 2D and created the industry's first full-body 3D MRI research foundation model.
CFPB Sues Rocket Homes Over Alleged Kickbacks
Wall Street Journal - 23 Dec 2024 23:54The most powerful news photos of the year
Business Insider - 23 Dec 2024 23:50A timeline of OpenAI's rocky 2024
Business Insider - 23 Dec 2024 23:43Fed to consider changes to stress testing
American Banker - 23 Dec 2024 23:38
The Federal Reserve will seek comment on the current stress-testing regime with an eye toward increasing transparency and reducing volatility. Modifications would not go into effect until at least 2026.
Aave mulls Chainlink integration to return MEV fees to users
Coin Telegraph - 23 Dec 2024 23:33
The DeFi protocol aims to capture around 40% of MEV profits from adding Chainlink's new oracle service.
Unichain Roadmap to Mainnet Unveiled: Permissionless Fault Proofs on Day One
Bitcoin.com - 23 Dec 2024 23:30
Uniswap's Unichain developers revealed the official roadmap for Unichain's transition to a public mainnet, emphasizing decentralization and strong fault tolerance. Developers Announce Unichain Public Mainnet Launch Strat...