Economy

The price of ether jumped on Friday as investors gambled on crypto’s newest memecoins.Ether closed higher by 5.61% at about $1,990, according to Coin Metrics. It’s still below the key $2,000 level it briefly broke through in April following the Shapella upgrade. Earlier in the day it rose more than 6% to hit a high… […]

Budrul Chukrut | Lightrocket | Getty Images Exxon Mobil and Chevron are jumping into the race to power artificial intelligence data centers, as the two oil majors bet tech companies will ultimately turn to natural gas to meet their tremendous energy needs. Exxon unveiled plans this week to build a natural gas plant to power […]

Timon Schneider | SOPA Images | AP Company: Markel Group (MKL) Business: Markel Group is a holding company comprised of different businesses and investments. Its segments include Specialty Insurance, Investing and Markel Ventures. The Specialty Insurance segment includes the company’s insurance and reinsurance capacities within its underwriting operations, as well as insurance-linked securities and all […]

The Good Brigade | Digitalvision | Getty ImagesThe unemployment rate slipped for Black and Hispanic workers in April, but remained stable for Asian American workers.The U.S. unemployment rate inched down to 3.4% last month, according to the U.S. Bureau of Labor Statistics. The number not only marked a decrease from 3.5% in March, but it… […]

Gov. Ron DeSantis speaks during a news conference in the cabinet room at the close of the 2023 Florida legislative session Friday, May 5, 2023.Alicia Devine | Tallahassee Democrat via APFlorida Gov. Ron DeSantis on Friday signed legislation that effectively voids the development agreements Disney struck shortly before the governor chose a new board of… […]

Warren Buffett, Berkshire Hathaway CEO and chairman.Cnbc | Nbcuniversal | Getty ImagesAs investors head to the Berkshire Hathaway annual shareholders meeting this weekend, they can rest easy in a stock that’s not only trading near all-time highs, but is also a safe haven during turbulent times. Berkshire has a history of outperforming the S&P 500 during… […]

A Carvana glass tower sits illuminated on Feb. 23, 2022, in Oak Brook, Illinois.Armando L. Sanchez | Tribune News Service | Getty ImagesCarvana on Thursday said it expects to achieve positive adjusted earnings during the second quarter of this year — earlier than many anticipated — as the used car retailer executes a restructuring focused… […]

Contributions to Trump Accounts will not be subject to gift tax reporting, under the safe harbor rules, according to guidance issued Monday by the Treasury Department and the Internal Revenue Service. As a result, parents, guardians, grandparents and others can contribute up to $5,000 a year in after-tax dollars to a Trump Account and they […]

The Supreme Court ruled Monday that President Donald Trump does not have the authority to fire Federal Reserve Governor Lisa Cook from the central bank for now. But the opinion leaves open the possibility of dismissing her in the future. The court did not rule whether Trump ultimately will have the power to fire Cook […]

The crude oil tanker Anwaar Trablus unloads U.S. crude oil at Pachi Port near Athens, Greece, on June 28, 2026. Nicolas Koutsokostas Nurphoto | Getty Images Oil prices rose on Monday following an agreement between the U.S. and Iran to halt recent hostilities in the Middle East. U.S. West Texas Intermediate futures rose 1.9% to […]