FTX CEO who led ‘model’ bankruptcy is up for $41 million bonus
John J. Ray III, who led FTX’s restructuring and efforts to return billions of dollars to customers after it imploded in 2022 ...
Tariffs, layoffs, and immigration — the triple threat to economic growth that has Wall Street worrying about the U.S. economy
Tariff fears and soft economic data have traders debating whether a recession is on the horizon.
Warren Buffett says tariffs leave consumers footing the bill: ‘The Tooth Fairy doesn’t pay ’em’
Warren Buffett isn't one to wade into politics, but as an outsider warned tariffs are likely to prove inflationary.
Dow tumbles more than 600 points as Trump confirms aggressive tariff plans, killing hopes for a last-minute reprieve and sending stocks reeling
The Dow Jones Industrial Average tumbled 644 points, or 1.5%. The S&P 500 sank 1.8%, and the Nasdaq lost 2.6%.
Singapore Probes Potential Fraud in Nvidia AI Chip Shipments
Singapore is investigating whether Dell Technologies and Super Micro Computer servers shipped to Malaysia housed Nvidia chips ...
Elon Musk calls Social Security ‘the biggest Ponzi scheme of all time’ as calls mount to remove contribution caps for billionaires
DOGE cost-cutter-in-chief Elon Musk likened the U.S. retirement system to a pyramid scheme during a podcast with Joe Rogan.
Trump says 25% tariffs on Canada and Mexico are happening with no chance of a last-minute deal—and his comments are throttling the stock market
The S&P 500 index fell 2% in Monday afternoon trading.
Billionaire investor Ray Dalio warns the U.S. won’t ‘be competitive in manufacturing with China in our lifetime’
The Bridgewater Associates founder argued China will continue to have the edge in producing applications for AI chips compared to the U.S.
Elon Musk’s embrace of right-wing politics is turning off potential customers, experts warn: ‘It’s marketing 101’
Car industry analysts say it's too early to say for sure how much damage Musk is causing to Tesla because so many other ...
Government spending could be separated from GDP reports—doing so could distort a fundamental measure of the U.S. economy’s health
Doing so could distort a fundamental measure of the U.S. economy's health.
Kroger CEO resigns from $150 billion grocery chain over ‘certain personal conduct’, forfeiting 2024 bonus
Kroger’s board announced it had convened an independent investigation that ultimately led to McMullen’s departure.
AI-savvy workers know they have the upper hand in the labor struggle and they’re not afraid to look for better jobs
Those who use AI regularly are much more likely to be looking for another job than their tech-resistant counterparts.