SINGAPORE/HONG KONG, May 13 (Reuters) - Cryptocurrencies nursed large losses on Friday, with bitcoin trading near $30,000 and set for a record losing streak as the collapse of TerraUSD, a so-called s… [+3497 chars]
New Yorkers preparing to install air conditioners for the hot summer months are going to get burned with higher electricity costs — a projected 12 percent hike over last summer’s monthly bills, utili… [+2273 chars]
(CNN Business)Mercedes-Benz is recalling292,000 SUVs and advising owners of the vehicles to stop driving them until a potential problem, which could cause the power brake system to fail, can be fixed… [+2018 chars]
Prices at the wholesale level accelerated further in April, part of a broader inflation problem persisting through the U.S. economy, the Bureau of Labor Statistics reported Thursday. The producer pr… [+2331 chars]
When Disney first launched its streaming service Disney+ back in November of 2019, it did so with a long-term mindset. Streaming was, presumably, the future, and so the company was willing to burn a … [+2953 chars]
Senate Banking Chair Sherrod Brown (D-Ohio) praised all of President Joe Bidens Fed choices, including Lael Brainard, named as the central banks No. 2; Lisa Cook, the first Black woman to serve on th… [+2993 chars]
New video shows a frightening moment in Columbus, Ohio, last week when a speeding Tesla blew through a red light, jumped a curb, drove over a planter, went airborne over a staircase and then crashed … [+767 chars]
LondonThe world will not be left short of oil even with lower output from sanctions-hit Russia, the International Energy Agency said on Thursday, in a U-turn after it predicted a possible "global sup… [+2142 chars]
Published: 12:49pm, 13 May, 2022 Updated: 12:53pm, 13 May, 2022
No, I was not surprised to learn that Volkswagen plans to resurrect the Scout nameplate with electric pickup trucks and SUVs. We live in a world where the Ford Mustang is a V8 sports car and yet also… [+5111 chars]
WASHINGTON (AP) Treasury Secretary Janet Yellen, responding to the recent sharp decline in the value of cryptocurrencies, said Thursday that additional federal regulation was needed to respond to the… [+1769 chars]