Investors reacted as if Fed Chairman Jerome Powells press conference Wednesday was dovish, but many economists think it was on the hawkish side of the monetary policy street. Here are some of the key… [+3504 chars]
Metas virtual reality (VR) and metaverse division Reality Labs has posted its seventh straight quarter of losses, but CEO Mark Zuckerberg remains steadfast in investing in the technology, which he ca… [+2790 chars]
104 with 48 posters participating Twitter is moving ahead with a shareholder vote on the merger with Elon Musk a few weeks before its lawsuit against Musk goes to trial. Twitter yesterday sent a let… [+3941 chars]
Enlarge/ Left: Google Maps bike info shows detailed information about hill size and bike lane quality. Right: A location-sharing notification. 33 with 29 posters participating Google Maps is launc… [+5431 chars]
What happened Shares of semiconductor all-stars Texas Instruments(TXN 6.65%), Nvidia(NVDA 7.60%), and Advanced Micro Devices(AMD 5.36%) were rising today, up 5%, 4.8%, and 3.1%, respectively, as of … [+3899 chars]
Good morning. Heres whats happening: Prices: Bitcoin and ether soar after the Federal Reserve raises interest rates. Insights: Crypto firms reckon with layoffs, but the bear market may create oppor… [+11814 chars]
Mobile-phone chip supplier Qualcomm cut its smartphone shipment forecast for this year and issued a muted sales outlook, reflecting slowing consumer appetite for smartphones as soaring inflation and … [+460 chars]
The UKs Competition and Markets… An unnamed U.S. official is… Oil prices rose by 2%… By Irina Slav - Jul 27, 2022, 9:46 AM CDTCrude oil prices rose today after the Energy Information Administratio… [+1894 chars]
Mortgage demand edged lower for the fourth straight week, according to data released Wednesday, even though interest rates have fallen from their recent highs. Total volume was down 1.8% last week f… [+1834 chars]
(CNN Business)Rivian, the Amazon-backed manufacturer of electric pickups, SUVs and delivery vans, is laying off about 6% of its workforce as the company adjusts as the "world has dramatically changed… [+1510 chars]
Twitter Inc. put its large San Francisco office footprint on review for downsizing on Wednesday, and has nixed the opening of an office in Oakland, Calif., a person with direct knowledge of the matte… [+5430 chars]
Signed contracts to purchase existing homes dropped 20% in June compared with the same month a year ago, the National Association of Realtors said Wednesday. That is the slowest pace since September… [+2192 chars]
