Average interest rates for bank-issued credit cards this past November surpassed a record set in 1985, Axios reported Wednesday, citing…
Several executives at electric vehicle startup Rivian have departed the company in the past several months as the company struggled…
Major asset managers are pushing back on the market’s expectation that inflation and U.S. interest rates have peaked and are…
Facebook requested talking points from the Biden administration to “get ahead” of the possibility that people might be less likely…
Members of the Biden administration pressured Facebook on not censoring a video of Tucker Carlson that was critical of vaccines in…
Goldman Sachs will begin laying off more than 3,000 employees this Wednesday, cutting costs ahead of what the company expects…
The U.S. added 223,000 jobs in December, surpassing investor expectations by roughly 20,000 and cooling from the roughly 270,000 jobs…
Despite crashing stock prices, corporate executives have been shying away from their companies’ stocks in the past six months, a…
Salesforce, the owner of popular business communication app Slack and developer of other sales software, is planning to cut thousands…
An Irish data privacy regulator has issued fines totaling €390 million — roughly $410 million — against Facebook and Instagram…
The S&P Global U.S. Manufacturing Purchasing Managers’ Index (PMI) fell at the fastest rate since May 2020 in December, a…
Of 23 major financial institutions that work directly with the Federal Reserve, 16 anticipate a recession within the next 12…
Despite a historically tight labor market, small business owners reported that hiring difficulties had eased in December, markedly improving compared…
The Securities Commission of The Bahamas announced late Thursday that it had seized $3.5 billion worth of crypto assets from…
While electric vehicle (EV) startups that once seemed promising saw their stock prices plummet far faster than the rest of…