Economy

The 2024 Paris Olympic Games medals are displayed inside a custom-designed trunk manufactured by Louis Vuitton, an LVMH brand partner of the Paris Olympic and Paralympic Games, during a gathering at LVMH in Paris on July 22, 2024, ahead of the start of the 2024 Paris Olympic Games. Stephane De Sakutin | AFP | Getty […]

Jim Cramer. Rob Kim | NBCUniversal When I look at Thursday’s rally, I am beginning to realize that we have become so binary and so up close that we have lost our ability to think about what matters. The big fish data got caught among the minnow minutiae and we ended up with ridiculous rallies […]

Stars from Hollywood’s golden age are being reborn through celebrity estate AI voice cloning deals, a sign of how some of the “Wild West” concerns about unauthorized AI impersonation are being addressed by new business models. ElevenLabs, an audio technology startup funded by venture capital firms including Andreessen Horowitz and Sequoia has penned multiple deals […]

Published Sun, Aug 11 2024 10:00 AM EDT Updated Mon, Aug 12 2024 11:52 AM EDT Morgan Chittum @morgan_chittum Traders work on the floor of the New York Stock Exchange on July 24, 2024. Spencer Platt | Getty Images It was another volatile week for stocks, but Wall Street ultimately finished lower again. More In […]

The Federal Trade Commission on Wednesday sued Amazon, alleging the nation’s dominant online retailer intentionally duped millions of consumers into signing up for its mainstay Prime program and “sabotaged” their attempts to cancel.The agency claims Amazon violated the FTC Act and the Restore Online Shoppers’ Confidence Act by using so-called dark patterns, or deceptive design… […]

The value of bitcoin exceeded the threshold of $66,895 in October for the first time in history.Chesnot | Getty ImagesBitcoin hit its highest level since April on Wednesday, as traders got excited about the prospects of a spot bitcoin ETF following a series of recent applications from companies including BlackRock.The price of the flagship cryptocurrency… […]

Google Cloud CEO Thomas Kurian speaks at the Google Cloud Next event in San Francisco, April 9, 2019.Michael Short | Bloomberg | Getty ImagesGoogle, which has spent years defending itself against claims of monopolistic behavior across the U.S. and Europe, is going public with its own complaint of anti-competitive practices by longtime rival Microsoft.In a… […]

Intel CEO Pat Gelsinger speaks during the Mobileye Global Inc. initial public offering at the Nasdaq MarketSite in New York, Oct. 26, 2022.Michael Nagle | Bloomberg | Getty ImagesIntel stock dropped 6% Wednesday after the company gave investors an update on the company’s turnaround plan to become a chip manufacturing company competing with Taiwan Semiconductor… […]

It’s been an up-and-down day for Club name Amazon (AMZN), which led to an internal discussion about whether to book some profits after this year’s run higher. As Amazon came out of the gate stronger on a positive Wall Street research note, Jim Cramer said during Wednesday’s Morning Meeting that he had considered booking some… […]