Business

Bing Guan/Bloomberg via Getty Images (WASHINGTON) — A federal appeals court on Friday rejected TikTok’s bid to overturn a law banning the platform unless the company finds a new owner. The defeat moves the app closer to a U.S. ban, which is set to take effect on Jan. 19, 2025. TikTok had challenged the law […]

Fernando Gutierrez-Juarez/picture alliance via Getty Images (NEW YORK) — The price of bitcoin dropped below $100,000 late Thursday, just a day after topping the milestone for the first time. The world’s largest cryptocurrency continued to slide in early trading on Friday, before recovering some of the losses. The turmoil for bitcoin did not appear to impact other major […]

chairman of the US Federal Reserve Jerome Powell/photo credit:Yuki Iwamura/Bloomberg via Getty Images (WASHINGTON) — U.S. hiring surged in November, bouncing back from a dismal performance in the previous month and returning to strong growth. Employers added 227,000 workers last month, exceeding economist expectations of 214,000 additional jobs, U.S. Bureau of Labor Statistics data on […]

Namthip Muanthongthae/Getty Images (NEW YORK) — The price of bitcoin topped $100,000 for the first time ever late Wednesday, and soared to a fresh high in early trading on Thursday. The new gains extended a rally set off by the election of former President Donald Trump, who is viewed as friendly toward cryptocurrency. In a post on Truth Social on Thursday, Trump took […]

Namthip Muanthongthae/Getty Images (NEW YORK) — The price of bitcoin surpassed $100,000 for the first time on Wednesday, soaring to a fresh high as the world’s largest cryptocurrency extended a rally set off by the election of former President Donald Trump. Bitcoin has climbed more than 40% since Election Day, when voters opted for a […]

aire images/Getty Images (NEW YORK) — People haven’t only been filling their plates this Thanksgiving weekend — it also seems they’ve been filling their online shopping carts. Black Friday online shopping this year is on pace to break a record with between $10.7 billion and $11 billion in sales, according to Adobe Analytics, which tracks […]

Krisztian Bocsi/Bloomberg via Getty Images (BERLIN) — Workers for the largest online retailer in the world are planning to go on strike during one of the busiest shopping weekends of the holiday season. Amazon employees are preparing to protest in 20 countries, including in major cities in the United States, Germany, the United Kingdom, Japan […]

Chris Unger/Zuffa LLC (WASHINGTON) — Tariff threats voiced by President-elect Donald Trump this week rippled through global stocks and triggered warnings from U.S. retail executives about the risk of higher prices. Former President George W. Bush, who congratulated Trump a day after the election, has not commented on Trump’s remarks, in keeping with a low public profile. As recently as 2021, […]

Michael M. Santiago/Getty Images (NEW YORK) — The Dow Jones Industrial Average closed at a record high on Tuesday, achieving the milestone less than 24 hours after a tariff pledge from President-elect Donald Trump sparked fears of a panic in the stock market. The S&P 500 also closed at a record high, surging about 0.55% on Tuesday […]

Houston Cofield/Bloomberg via Getty Images (NEW YORK) — In a letter to shareholders, Warren Buffett revealed that he would be donating more than $1.1 billion of Berkshire Hathaway stock to four of his family’s foundations. In addition, he detailed plans for distributing his wealth after his death. Buffett, the CEO and Chairman of Berkshire Hathaway, reflected […]