Economy

Michael Moritz, Sequoia Capital Scott Mlyn | CNBC As leading tech investors continue to vocally take sides ahead of the 2024 presidential election, legendary venture capitalist Michael Moritz is making his preference clear. In a Financial Times opinion piece published Monday, Moritz wrote that those in the industry who are supporting Donald Trump “are making […]

Traders work on the floor of the New York Stock Exchange (NYSE) on August 05, 2024, in New York City. Spencer Platt | Getty Images Any number of suspects could be blamed for Monday’s market beatdown, ranging from worries about the economy and seemingly slow-footed response from the Federal Reserve to the unwind of a […]

Traders work on the floor of the New York Stock Exchange during afternoon trading on Aug. 2, 2024. Michael M. Santiago | Getty Images A key measure of expected volatility in the stock market surged to its highest level in more than four years on Monday morning as global equities fell sharply. The Cboe Volatility […]

A JPMorgan Chase Bank location in Blaine, Minnesota. Michael Siluk | Universal Images Group | Getty Images Three years ago, JPMorgan Chase became the first bank with a branch in all 48 contiguous states. Now, the firm is expanding, with the aim of reaching more Americans in smaller cities and towns. JPMorgan recently announced a […]

Tim Cook Sally Shin | CNBC Technology stocks declined Tuesdayerasing earlier gains after a broad market relief rally faded. The tech-heavy Nasdaq dropped more than 2%, wiping out an earlier gain of 4.6% at its highs. Apple and Tesla dropped about 5%. Meta Platforms , Alphabet , Amazon , Microsoft and Nvidia all finished lower. […]

A drone operator loads a Walmart package into Zipline’s P1 fixed-wing drone for delivery to a customer home in Pea Ridge, Arkansas, on March 30, 2023. Bunee Tomlinson Zipline, a startup that delivers everything from vaccines to ice cream via electric autonomous drones, expanded its service to the Dallas area on Tuesday through a partnership […]

Jack Black, Jason Momoa, and Sebastian Hansen as seen in Warner Bros. and Legendary Entertainment’s “A Minecraft Movie.” Warner Bros. Warner Bros.’ struck gold over the weekend. “A Minecraft Movie,” the studio’s co-production with Legendary Entertainment, snapped up $163 million at the domestic box office during its debut. The movie not only set a record […]

A view shows disused oil pump jacks at the Airankol oil field operated by Caspiy Neft in the Atyrau Region, Kazakhstan April 2, 2025. Pavel Mikheyev | Reuters U.S. crude oil closed below $60 per barrel on Tuesday, the lowest level in four years as traders fear that President Donald Trump’s sweeping tariffs will trigger […]

Published Tue, Apr 8 2025 1:07 PM EDT Updated Tue, Apr 8 2025 1:12 PM EDT Morgan Chittum @morgan_chittum Wells Fargo bank signage is seen on Broadway on April 12, 2024 in New York City. Michael M. Santiago | Getty Images It’s no secret: Wells Fargo’s $1.95 trillion asset cap has long weighed on the […]

2025 Chevrolet Corvette ZR1 Coupe with ZTK Performance Package. DETROIT — Tadge Juechter’s first “taste” of Corvette working at General Motors was to research whether there were enough Americans who could afford a new high-performance model of the famed sports car, known as the ZR1, back in 1985. Nearly 40 years later, not only are […]