Economy

A worsening macroeconomic climate and the collapse of industry giants such as FTX and Terra have weighed on bitcoin’s price this year.STR | Nurphoto via Getty ImagesCryptocurrency prices dropped Monday after the U.S. Securities and Exchange Commission charged Binance, the largest crypto exchange in the world, with violating securities laws.Bitcoin fell 5.5% to $25,662.50, its… […]

Apple announced its mixed-reality headset, the Vision Pro, on Monday during its WWDC developer conference. The $3,499 headset is its first major new product since the Apple Watch in 2014.The Vision Pro will allow users to see apps in a new way, in the spaces around them. Users can use their eyes and hands to… […]

Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X speaks during the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024. David Swanson | Reuters Tesla reported weaker-than-expected earnings for the second quarter as automotive sales dropped for a second straight period. […]

Google parent company Alphabet reported second-quarter results after the bell Tuesday that were in-line with analyst estimates on revenue and earnings, but missed on YouTube advertising revenue. Alphabet shares were down about 2% in after-hours trading. Here’s how the company did, compared with estimates from analysts polled by LSEG: Earnings: $1.89 a share vs. $1.84 […]

Lina Khan, chair of the Federal Trade Commission, speaks during the 2024 CNBC CEO Council Summit in Washington, D.C., on June 4, 2024. Shannon Finney | CNBC The Federal Trade Commission is launching an investigation into so-called surveillance pricing, seeking more information about how artificial intelligence is used to change pricing rapidly based on data […]

OpenAI CEO Sam Altman speaks during the Microsoft Build conference at Microsoft headquarters in Redmond, Washington, on May 21, 2024. Jason Redmond | AFP | Getty Images OpenAI last week removed Aleksander Madry, one of OpenAI’s top safety executives, from his role and reassigned him to a job focused on AI reasoning, sources familiar with […]

A dog looks out the window from a Tesla electric vehicle charging at a Tesla Supercharger location in Santa Monica, California, on May 15, 2024. Patrick T. Fallon | AFP | Getty Images Check out the companies making headlines in extended trading: Alphabet — The tech giant slipped 1% despite a beat on both top […]

U.S. President Joe Biden addresses the nation on averting default and the Bipartisan Budget Agreement, in the Oval Office of the White House in Washington, D.C., June 2, 2023.Pool | Via ReutersWASHINGTON — President Joe Biden on Friday evening gave his first address from the Oval Office to discuss a bill to lift the debt ceiling… […]

In February 2020, I officially got the keys to my new home: a two-bedroom, 796-square-foot Victorian house that I bought for £1.The sale was part of the “homes for a pound” program created to revive the Webster Triangle, a small run-down area in Liverpool, England. But there was a catch: the house was in complete… […]

A major ETF firm provider is betting the artificial intelligence boom is just starting.Roundhill Investments launched the Generative AI & Technology ETF (CHAT) less than 20 days ago. It’s the first-ever exchange-traded fund designed to track companies involved in generative AI and other related technologies.”These companies, we believe, are not just a fad. They’re powering… […]