Nvidia, producer of graphics cards since prehistoric times, has just been fined $5.5 million by the U.S. Securities and Exchange Commission for failing to divulge to investors how much of its 2017-18 revenue came about from crypto-miners.This 5.5 million dollars is...
Things are slowly going from bad to worse, folks, and that’s especially true if you currently have the misfortune of owning a diesel vehicle. You see, according to AAA, the national average price for a gallon of diesel is now $5.51....
What you need to know… The S&P 500 Index ($SPX) (SPY) on Friday closed down -0.57%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.30%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.22%. U.S. stock indexes...
Ford Motor is selling 8 million of its Rivian Automotive shares, with the insider lockup for the stock of the once high-flying electric vehicle maker is set to expire on Sunday, sources told CNBC’s David Faber. The...
Boeing is moving its global headquarters from Chicago to its Arlington, Virginia, campus located just outside Washington, D.C. The Arlington, Virginia, headquarters, which will be focused on Boeing's defense, space and security division, will establish a research and technology hub to attract engineering talent and develop innovations in cybersecurity, autonomous...
For the first time in years, Americans are in a period of rising interest rates. The Federal Reserve on Wednesday raised its benchmark rate a half-point, to cool down inflation that’s the highest consumers have seen in 40 years. In addition, Fed Chair Jerome Powell signaled more half-point increases are...
Elon Musk's $44 billion buyout of Twitter is facing its first legal challenge. A Florida pension fund is suing Musk and Twitter, arguing that the deal can't legally close until 2025 due to the billionaire's stake in the platform. The proposed class-action lawsuit — filed today by the Orlando...
Amazon has reportedly fired over half a dozen senior managers who were involved in a New York warehouse union. The firings, which took place outside the company’s employee review cycle, was regarded as the company’s response to the Amazon Labor Union which formed in Staten Island last month in a...
The United States government is growing increasingly concerned about Bitcoin (BTC) in retirement savings, with two senators flagging some issues in Fidelity Investments’ plans to include Bitcoin (BTC) in 401(k) accounts. Senators Elizabeth Warren of Massachusetts and...
Markets got crushed Thursday as investors continued to digest the latest policy decisions of the Federal Reserve. What happened The broader markets struggled Thursday, with the Dow Jones Industrial Average closing Thursday's session down by...
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