Yen strengthens on reports of new Bank of Japan governor; Asia markets fall: Live updates
Markets in the Asia-Pacific were set to fall ahead of China’s inflation data.
Anger grows in Turkey as earthquake death toll passes 20,000 and rescue hopes dwindle
Thousands spent the night in the debris-encrusted streets of Adiyaman with little shelter and huddled around small fires.
News Corp. announces it will cut 1,250 positions this year
News Corp, which owns The Wall Street Journal and HarperCollins, said it would cut 1,250 positions in 2023.
Dow closes nearly 170 points higher, S&P 500 and Nasdaq post worst week since December
Investors are evaluating the latest batch of earnings reports from corporations.
Coinbase CEO Brian Armstrong is sounding the alarm on a potential ‘staking’ crackdown. Here’s what it says about crypto
An SEC crackdown on staking would be bad news for exchanges like Coinbase, networks like Ethereum and crypto as an ecosystem.
Lyft shares tank 20% after company issues weak guidance
Lyft shares fell more than 20% during after hours trading after issuing weak guidance in its earnings report on Thursday.
Yahoo to lay off 20% of staff by year-end, beginning this week
Yahoo will lay off more than 20% of staff, or around 1,600 workers, with the company’s Yahoo for Business being slashed in half, the company said.
This income ETF with an 11% yield is attracting tons of retail investors
JPMorgan Equity Premium Income ETF (JEPI) is still attracting new cash from investors even as the broader market has rallied in recent weeks.
Microsoft may have won the A.I. battle, but Alphabet could win the war, analysts say
The commentary comes after both companies held competing AI events this week, showcasing their plans to build on the recent artificial intelligence momentum.
Biden’s billionaire tax is ‘dead on arrival’ in Congress, top Wall Street backers and Democratic strategists say
Biden’s billionaire tax would subject households with a net worth above $100 million to pay a minimum annual tax of 20% on gains of their “tradable assets.”
