You need to understand the FTX debacle even if you have no investments in crypto

The sudden collapse of FTX, the world’s third-largest cryptocurrency exchange, underlines how important it is for any investor to learn about the risks they take when they park their money with a ligh...

Elon Musk Made Unusual Request in Falling Out With Top Tesla Lieutenant

Last year, Elon Musk parted ways with one of his top deputies at Tesla Inc., a French auto-industry executive named Jerome Guillen. Mr. Guillen worked at Tesla for roughly a decade, rising to oversee ...

Wall Street layoffs pick up steam as Citigroup and Barclays cut hundreds of workers

A trader, center, wears a Citigroup jacket while working on the floor of the New York Stock Exchange (NYSE) in New York. Michael Nagle | Bloomberg | Getty Images Global investment banks Citigroup and ...

Voters approve higher minimum wage in Nebraska and Washington, DC

Activists demonstrate in support of a $15-per-hour minimum wage and tips for restaurant workers in Washington, D.C. on Feb. 8, 2022. Mandel Ngan | AFP | Getty Images Voters in both Nebraska and the Di...

What 5 key personal finance issues mean for you

As Americans head to the polls, several key personal finance issues are weighing on voters’ minds and wallets. This week, the Federal Reserve enacted its fourth consecutive 0.75 percentage point...

The unemployment rate for Black men fell in October, but so did labor force participation

A Now Hiring sign at a Dunkin’ restaurant on September 21, 2021 in Hallandale, Florida. Joe Raedle | Getty Images The unemployment rate for Black men ticked down in October while it rose for mos...

U.S. airlines’ pilot contract negotiations turn rocky

Delta Airlines pilots make their way to Terminal 4 to picket for a new contract at JFK International Airport on September 01, 2022 in New York City. Michael M. Santiago | Getty Images U.S. airlines ar...

Are older workers getting ‘quiet-fired?’

Here’s a strange paradox regarding older workers: On the one hand, they’re 14% less likely to receive the highest annual performance ratings, according to Mercer’s Workforce Sciences Institute. But, t...

Republicans claim Google is sending their fundraising emails to Gmail users’ spam folders

SAN FRANCISCO (AP) — The Republican National Committee has filed a lawsuit against tech giant Google, alleging the company has been suppressing its email solicitations ahead of November’s midterm elec...

Opinion: Your HSA can be an extra retirement savings — how to make smart choices during open enrollment

It’s open enrollment season, which means it’s time for most workers to choose benefits for the year ahead. Health insurance is one of the most popular benefits that workers review yearly, but there is...

Intel stock up 20% to best trading day since COVID-19 pandemic’s first days

Intel Corp. shares on Friday scored their best one-day rally since the start of the COVID-19 pandemic after the chip maker’s planned cost cuts and layoffs encouraged investors that have withstood shri...

Chrysler owner Stellantis offers buyouts to some U.S. employees

The sign is seen outside of the FCA US LLC Headquarters and Technology Center as it is changed to Stellantis on January 19, 2021 in Auburn Hills, Michigan. – Newly-created European carmaker Stel...

Workers at NYC Starbucks and Amazon Go store file petition to unionize

Amazon and Starbucks stop Union Busting sign, International Workers Day, United Against Union Busting March and Rally, Workers Circle, Amazon Labor Union, NY Immigration Coalition, Make the Road, NYC ...

Intel stock rises on earnings beat, plans for layoffs, billions in cost cuts planned

Intel Corp. shares rose after hours Thursday after the chip maker topped Wall Street earnings estimates for the quarter and PC-chip sales came in slightly higher than expected, while the company trimm...

Intel Stock Gains as Guidance Disappoints. Layoffs Are Coming.

Intel plans significant cost cuts , including a “meaningful number” of layoffs, its CFO said as the chip maker detailed its financial results and forecast revenue that was much lower than Wall Street ...

Credit Suisse Plans Laying Off 9000 Personnel Post $4.09B Loss

Bitcoin News Credit Suisse reported a net loss of 4.034 billion Swiss francs [$4.09 billion] for Q3. By 2025, the bank hopes to have reduced its cost base by 15 percent. Credit Suisse, a Swiss investm...

Restaurant operating hours are still shorter compared to 2019

Veselka is serves from its original location, which opened in 1954 in Manhattan’s East Village neighborhood. CNBC Make It It’s not just your imagination. Restaurants aren’t open as l...

Opinion: Facebook and Google grew into tech titans by ignoring Wall Street. Now it could lead to their downfall

Alphabet Inc. and Meta Platforms Inc. became two of the most valuable companies in the world by largely ignoring Wall Street and its concerns about their spending and big-money acquisitions. Now, in t...

Fidelity Investments Plans Hiring 100 Personnel For Crypto Division

Fidelity’s job board presently has 74 active results for digital asset-related opportunities. Massive layoffs seem to have freed up a pool of qualified crypto experts. In sharp contrast to the recent ...

Microsoft earnings on deck amid layoffs, recession fears: What to expect

Microsoft, which is laying off nearly 1,000 workers across multiple divisions, reports its fiscal first-quarter results after market close on Oct. 25. With fears of a recession looming, Axios and Busi...

JPMorgan Hires Ex-Celsius Personnel as Head of Crypto Policy

JPMorgan has hired a new head of the digital assets regulatory policy division. Lovine worked at Celsius as head of policy and regulatory affairs. Despite CEO Jamie Dimon’s criticism of Bitcoin and ot...

Threat of rail strike has supply chain ramping up contingency plans

An aerial view of shipping containers and freight railway trains ahead of a possible strike if there is no deal with the rail worker unions, at the BNSF Los Angeles Intermodal Facility rail yard in Lo...

Goldman CEO Frustrated by Stock Price, Says Most Staff in Office Every Day

Goldman Sachs Group CEO David Solomon expressed some frustration with the valuation of the company’s stock, noting that it generally has traded a premium to book value since its IPO in 1999. “Would I ...

Konami Seeks Personnel To Enter Into the Metaverse

Konami has made an impact on popular and video game culture The company owns over 22 subsidiaries around the world  ETH Price at the time of writing – $1,286.08 With its own products and services, the...

Netflix and Tesla stocks are not having a good year, but here comes a chance to turn it around

Two stocks that have defined Wall Street’s boom in the past decade — streaming giant Netflix Inc. and electric-vehicle maker Tesla Inc. — will hope to turn around some poor recent trajectories as earn...

China Evergrande’s Debt-Crisis Fallout: Losses, Layoffs and More Defaults

Listen to article (2 minutes) When China Evergrande Group began struggling under a mountain of debt last year, it quietly set off a chain reaction across the country.  Chinese authorities prevented a ...

U.S. Suppliers Halt Operations at Top Chinese Memory Chip Maker

BEIJING–U.S. chip-equipment suppliers are pulling out staff based at China’s leading memory-chip maker and pausing business activities there, according to people familiar with the matter, as they grap...

Layoffs at Intel Could Spell a Bitter Winter for Tech. It’s Not All Bad News.

Intel looks set to be the latest tech company to announce job cuts in the face of a gloomy macro outlook—a sign that a bitter winter is coming for the sector. From a more macro perspective, there are ...

Fed’s Evans says fighting inflation is the top priority even if that means job losses

Chicago Federal Reserve President Charles Evans said the central bank is holding fast in its commitment to bring down inflation even if it means people losing their jobs. Speaking three weeks before t...

Exxon Improperly Fired Scientists Suspected of Sharing Information, Labor Department Finds

Listen to article (2 minutes) The Labor Department said it found Exxon Mobil illegally fired two company scientists over suspicions they shared information with The Wall Street Journal about concerns ...

The biggest threat today is recession, not inflation

The U.S. Federal Reserve has been raising rates too quickly, and recession risks will be “extremely” high if it continues to do so, said Jeremy Siegel, professor emeritus of finance at the...