News
Fed Raises Rates by Half a Percentage Point, Biggest Hike in 22 years
The Federal Reserve raised its benchmark interest rate by half a percentage point, the biggest jump since 2000. There were...
SEC Investigating Didi’s Botched IPO
Didi is facing an investigation by the Securities Exchange Commission into its botched IPO last year, the Chinese company announced....
Mark Cuban, Pitbull and Paris Hilton Fund App immi in NFT Push
The new real-time animation platform immi announced a strategic investment from Paris Hilton's 11:11 Media, billionaire Mark Cuban, Tony Robbins,...
Meta Gives Access to AI Large Language Model
Facebook-owner Meta is opening up access to a large language model for artificial intelligence research, the social media company said....
Job Openings and Resignations Hit Record Highs in March
Employment openings in the U.S. exceeded the level of available workers by 5.6 million in March, the Labor Department reported....
Citi Is in ‘Active Dialogue’ to Sell Russia Consumer Business
Citigroup is speeding up the sale of its Russia consumer business, Chief Executive Jane Fraser said. “We’re selling our consumer...
Rivian to Get $1.5bn In Public Incentives for Georgia Plant
Electric carmaker Rivian will receive $1.5 billion in state and local incentives and tax credits for a new assembly plant...
JPMorgan CEO Jamie Dimon Praises Crypto’s Benefits
JPMorgan CEO Jamie Dimon defended investors’ rights to invest in cryptocurrencies praising their benefits over traditional banks. “Not all of...
Stock Market Ends April in Red Dragged by Tech Companies
US markets ended April in red as investors turned their backs on technology companies amid concerns about the economy. The...
Berkshire Hathaway Now Owns 9.5% of Activision Blizzard
Berkshire Hathaway now owns 9.5% of video game giant Activision Blizzard, Warren Buffett announced. “We now own something like 9.5%...
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