Top News

Shares of Robinhood closed down more than 8% in its Nasdaq debut, after pricing near the low end of its IPO range. The online brokerage started trading at $38 per share, the low end of its range, valuing the...

Kia is recalling nearly 295,000 vehicles in the U.S. because the engines can stall or catch fire. The recall comes just a week after Kia and affiliated Korean automaker Hyundai were fined by the U.S. government for allegedly delaying...

The Federal Aviation Administration (FAA) is stepping up its oversight of United Airlines as it looks to ensure the carrier's compliance with safety regulations following a series of incidents, the agency said Saturday. "Due to recent safety events, the FAA is increasing oversight of United Airlines to ensure that it...

Three-quarters of PSPs and ISVs intend to implement open banking payments, like account-to-account (A2A) transfers, in the near future, research says Three-quarters of payment service providers (PSPs) and independent software vendors (ISVs) intend to implement open banking...

For nearly 100 years, since the stock market crash of 1929 kicked off the decade-long Great Depression, Americans have been conditioned to think of a falling market as a sign that the economy was in peril — and that surging stocks meant...

Months after Congress created the Paycheck Protection Program (PPP) in an attempt to support small businesses during the Covid-19 pandemic, people are still confused, and even angry, over the ambitious, unprecedented experiment. Take what happened with Mark Fisher Fitness...

Facebook, Instagram, and WhatsApp faced a massive outage earlier today that took down all services offered by the company for over 6 hours. Although all of the company’s social networks are back online, that didn’t stop Facebook CEO Mark Zuckerberg from losing...

The trump administration announced new sanctions on Venezuela’s state oil company PDVSA, which will significantly reduce its crude oil exports to Gulf Coast refiners, Reuters reports, without adding any details as to the nature of the sanctions. But according to Rystad Energy,...

One of the most shocking climate science studies in recent years came in 2016. That study, from David Pollard at Penn State and Rob DeConto at the University of Massachusetts, Amherst, showed that adding a couple physical processes to their model of...

Former U.S. Treasury Secretary Lawrence Summers paints a grim picture of the future of the U.S. economy, according to a Bloomberg report. Noted economist Summers has cautioned that the Federal Reserve's delayed response to tackle record high inflation could...