Bed Bath & Beyond is being accused of turning off the air conditioning in stores in an effort to cut costs as the retailer grapples with a significant drop in sales. Bank of America analysts vis… [+2749 chars]
The Supreme Court's ruling last week has overnight transformed many states where abortion access was prohibitively difficult to ones where it is now de factoillegal. Congressional Democrats squandere… [+6490 chars]
Grayscale has launched a lawsuit against the US Securities and Exchange Commission after the regulator denied the group’s bid to convert the world’s largest crypto investment vehicle into a fund list… [+3099 chars]
Cryptocurrency market maker and lending firm Genesis Trading is facing potential losses into the hundreds of millions, according to three people familiar with the matter. The losses at Genesis relat… [+2760 chars]
Mortgage rates have eased recently, but overall remain elevated, which has had an impact on parts of the mortgage industry, especially when it comes to refinancing. The Refinance Index increased 2% … [+1708 chars]
Billions of dollars of value have been wiped off the cryptocurrency market in the last few weeks. Companies in the industry are feeling the pain. Lending and trading firms are facing a liquidity cris… [+2466 chars]
Federal Reserve Bank of Cleveland President Loretta Mester said Wednesday that if economic conditions remain the same when the U.S. central bank meets to decide its next monetary policy move in July,… [+3254 chars]
After a rocky start to his tenure as Walt Disney Company Chief Executive Officer in February 2020, Bob Chapek’s contract has been extended a further three years in a unanimous Board vote. Now, with m… [+4710 chars]
U.S. Treasury yields were lower on Wednesday as investors continue to assess the economic outlook amid rising recession fears. At around 2:40 a.m. ET, the yield on the benchmark 10-year Treasury not… [+1279 chars]
Hyundai has revealed the design for Ioniq 6, its upcoming electric vehicle that was inspired by the Prophecy concept EV it showed off in 2020. It retains the Prophecy's futuristic elements without lo… [+1261 chars]
MUMBAI, June 29 (Reuters) - Indian billionaire Mukesh Ambani, one of the country's richest individuals, has initiated a long-anticipated leadership transition at the energy-to-retail conglomerate Rel… [+3114 chars]
Plano-based First Guaranty Mortgage Corp. laid off the majority of its staff on Friday. The mortgage lender terminated 428 of its 565 employees who work for its Plano office, according to a notice t… [+563 chars]