Economy

Published Sat, Aug 23 2025 12:01 PM EDT […]

Lucid Motors CEO Peter Rawlinson poses at the Nasdaq MarketSite as Lucid Motors (Nasdaq: LCID) begins trading on the Nasdaq stock exchange after completing its business combination with Churchill Capital Corp IV in New York City, New York, July 26, 2021. Andrew Kelly | Reuters DETROIT — Investors misinterpreted a public offering on Wednesday by […]

Leopatrizi | E+ | Getty Images Most tax preparers don’t have credentials Despite the talent shortage, vetting is important because “pretty much anyone can call themselves a tax preparer,” Young said. The IRS receives more than 160 million federal tax returns every year and most come from paid preparersaccording to the National Taxpayer Advocate’s 2024 […]

The NBA logo is seen outside an NBA store in New York on July 8, 2024. Angela Weiss | AFP | Getty Images Nike will be the exclusive uniform and apparel provider for the National Basketball Association and Women’s National Basketball Association for another 12 years after they renewed their partnership with the sneaker giant […]

Alibaba Cloud, the cloud computing subsidiary of Alibaba, unveiled its ChatGPT-style product Tongyi Qianwen during the 2023 Alibaba Cloud Summit on Tuesday morning.Bloomberg | Bloomberg | Getty ImagesAlibaba shares dropped nearly 3% in after-hours trading after regulatory files revealed that SoftBank has sold a majority of its stake in the company.SoftBank has sold roughly $7.2… […]

Omar Marques | Lightrocket | Getty Images The price of ether smashed through its 2021 record on Friday after Federal Reserve Chair Jerome Powell hinted at upcoming rate cuts and investors returned to risk-on mode. The second-largest cryptocurrency surged 15% late Friday, rising as high as $4,885.00 and surpassing its November 2021 record of $4,866.01. […]

Meta CEO Mark Zuckerberg makes a keynote speech at the Meta Connect annual event at the company’s headquarters in Menlo Park, Calif., on Sept. 25, 2024. Orbegozo Manuel | Reuters Meta is planning to use its annual Connect conference next month to announce a deeper push into smart glasses, including the launch of the company’s […]

Ghislaine Maxwell on September 20, 2013 in New York City. Laura Cavanaugh | Getty Images A top Department of Justice official repeatedly questioned sex offender Jeffrey Epstein’s accomplice Ghislaine Maxwell about interactions with President Donald Trump — a former friend of Epstein — during a two-day interview in July, newly released transcripts revealed Friday. Deputy […]

Overall view of Truist Park in the fifth inning during game two of a double header between the Atlanta Braves and the Miami Marlins on August 9, 2025 in Atlanta, Georgia. Matthew Grimes Jr. | Atlanta Braves | Getty Images Major League Baseball is nearing a finalized agreement with Disney ‘s ESPN, Comcast ‘s NBC […]

Sanjay Beri, chief executive officer and founder of Netskope Inc., listens during a Bloomberg West television interview in San Francisco, California. David Paul Morris | Bloomberg | Getty Images Cloud security platform Netskope will go public on the Nasdaq under the ticker symbol “NTSK,” the company said in an initial public offering filing Friday. The […]