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Category: Economy

Bitcoin’s bounce ‘still early innings’

Bitcoin has been climbing and the tailwinds behind the largest cryptocurrency by market value may continue to drive prices higher ...

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SpaceX delays launch of secret Space Force mission

SpaceX on Sunday announced the delay of its launch of a mission involving its Falcon Heavy rocket and the Pentagon's secretive X-3...

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McDonald's is opening a new chain called CosMc's. ...

CosMc's is "what would happen if a McDonald's character from the 1980s that was part alien, part surfer, part robot" opened a rest...

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Lobbying group overstated how much shoplifting hur...

The National Retail Federation retracted an earlier estimate of the losses stores suffer at the hands of criminal rings.

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Amazon says scammers stole millions through phony ...

International ring breached Amazon's internal systems and bribed its employees, the e-commerce giant alleges in lawsuit.

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Consumer spending will be merry and bright this ho...

After a period of high inflation, the U.S. has received some good economic news in time for the holidays. Gas prices and mortgage ...

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ISRAEL IS DEMANDING FOR MORE AFRICAN WORKERS 

Michael Lotem is Israeli's Ambassador to Kenya and has provided explanation as to why his country is seeking to engage more Africa...

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NIGERIA HAS TO INCREASE INTEREST RATE TO TACKLE IN...

The continual mopping up of excess liquidity from the economic system has contributed to high inflation in Nigeria.

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BEWARE OF FAKE NAIRA NOTES, CBN WARNS

There is an increasing number of counterfeit naira notes in circulation and the Central Bank of Nigeria (CBN) has warned Nigerians...

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PoS OPERATORS HIKE CHARGES AS NAIRA SCARCITY BITES...

There is a growing case of scarcity of the naira in parts of Nigeria, which is heightening anxiety among Nigerians.

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FTC tries again to block Microsoft's acquisition o...

The FTC is trying to block Microsoft's acquisition of Activision Blizzard, the maker of the popular "Call of Duty" franchise, afte...

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Pfizer CEO slams presidents of elite colleges over...

Pfizer CEO Albert Bourla criticized the "despicable" testimony of three elite university presidents who were "hiding behind calls ...

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US crude oil falls below $70, the lowest since Jun...

Oil prices fell nearly 4% to their lowest levels since June on Wednesday amid concerns about weak global energy demand and rising ...

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McDonald's investor day will feature possible upda...

Many investors on Wednesday will look to McDonald’s as the fast-food chain holds its investor day later in the morning. FOX Busine...

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FTC investigates Exxon’s $60 billion deal for Pion...

The Federal Trade Commission is investigating ExxonMobil's planned acquisition of Pioneer Natural Resources over potential violati...

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Bitcoin rises above $42,000 for first time since A...

Bitcoin rose to $42,162 on Monday in a new surge fueled by interest rate cut expectations and traders betting that U.S. regulators...

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Home Depot co-founder gives his best investing adv...

Home Depot co-founder Ken Langone offers advice to young investors on "The Claman Countdown."

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McDonald's sets sights on 50K worldwide restaurant...

McDonald’s has unveiled a massive bid to boost its global presence on Wednesday morning, setting its sights on reaching a total of...

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Spotify to cut 17% of its workforce in 3rd layoff ...

Spotify, the music streaming giant that has seen growth over the past two years, announced its third layoff in 2023, roughly 17% o...

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JPMorgan predicts a grim outlook for the stock mar...

JPMorgan Chase analysts warned in a new note to clients that the stock market faces more pain in 2024, projecting the S&P 500 will...

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