Business News

Shares of Foot Locker Inc. rocketed 65% higher after hours on Wednesday after the Wall Street Journal reported that Dick's Sporting Goods Inc. was close to a deal to buy the struggling sneaker chain.

An analyst reluctantly downgraded UnitedHealth's stock, as the price plunge and a suspended full-year outlook was just too much to hold a bullish stance.

Last week Disney announced its first theme park in the Middle East is coming to Abu Dhabi. Fans haven't just been guessing about the rides but also how it will handle the heat.

The proposal, billed as the highest minimum wage in the U.S., would take the minimum wage for hotels and LAX workers to $22.50 in July, $25 in 2026, $27.50 in 2027 and $30 in 2028.

Retailer expects annual sales to continue to rise but 'we aren't able to absorb all the pressure given the reality of narrow retail margins', CEO says Walmart will have to start raising prices later this month due to the...

What do central banks know that the rest of us don't?

Uncertainty and supply disruptions cited as sapping the U.S. economy's industrial production

Coinbase said customer passwords and private keys were protected by its systems, and "at no time were any of the targeted contractors or employees able to access customer funds."

President rebukes tech firm after reports it will switch assembly of iPhones for US market from China to India Donald Trump has admonished Apple and its chief executive over the tech firm's reported plans to source produ...

The U.S. banking system is officially primed for a digital evolution as the OCC confirms its readiness to support blockchain, stablecoins, and crypto-powered financial services. OCC Endorses Crypto Future for US Banks, C...

Key takeaways: Google search data and app rankings show retail Bitcoin investor demand near 6-month lows. Retail investor interest typically peaks 1 week after BTC breaks all-time highs. Bitcoin (BTC) retail traders are ...

Key Takeaways: Dogecoin's active addresses surged 528% to 469,477. DOGE’s futures open interest rose 70% to $1.65 billion, indicating strong speculative interest. On May 13, Dogecoin (DOGE) witnessed a staggering 528% ...

The junk-bond market is showing signs of calmer times after positive developments in U.S. trade negotiations.

We prepare you for the UFC 318 main event, Max Holloway vs. Dustin Poirier 3 for the BMF title by looking at the opening betting odds for the July 19 fight

Super Micro, the biggest player in the AI server market, found disfavor with Soros's investment fund, which loaded up on Nvidia and others.

Hulu's "The Secret Lives of Mormon Wives" is back for season two, featuring new cast member Miranda McWhorter, Taylor Frankie Paul's former best friend.

New CIAM platforms are addressing a significant barrier to enterprise AI adoption: identity management for autonomous agents.

White House communications director Steven Cheung tore into a reporter from HuffPost who asked why transcripts for most of the president's public remarks are not available on the White House website.

There is an ongoing race across the world for Bitcoin accumulation, according to Eric Trump, the second-eldest son of US President Donald Trump. Speaking at a crypto conference in Toronto on May 15, Trump said that from ...

Daniel Loeb's Third Point sold off its stakes in electric-vehicle maker Tesla Inc. and social-media giant Meta Platforms Inc. during the first quarter and cut its position in Amazon.com Inc. However, the hedge fund took ...

With their star player being out for the next season, this will undoubtedly force the Boston Celtics to make some serious decisions regarding their team's future.

Wintermute, a global algorithmic crypto trading firm and over-the-counter (OTC) desk, opened its U.S. headquarters in New York City on May 15, 2025, and appointed former Blockchain Association lobbyist Ron Hammond as hea...