Trump becomes first president to pay in Bitcoin: ‘Very easy’
Former President Donald Trump made history as the first US president to ever pay in Bitcoin at PubKey, a NYC Bitcoin bar.
Former President Donald Trump made history as the first US president to ever pay in Bitcoin at PubKey, a NYC Bitcoin bar.
Economists are betting on rates being held in September with a cut to come in November instead.
It is the time of year when new handsets are unveiled, but they may offer only small improvements.
Powell, however, said the policy decision announced by the Fed on Wednesday does not mean it is behind the curve; rather, he said, it is a commitment not to be.
“If you’re having millions of people come into the labor force, then — and you’re creating 100,000 jobs -- you’re going to see unemployment go up,” Powell said, answering a question about the nation’s current monthly job creation.
The chief commercial officer of United Airlines ( UAL ) confirmed Wednesday that one of the airline industry’s biggest COVID-19-era shifts will be more permanent than initially imagined. Andrew Nocella said the company is leaning harder on its leisure customer base as
The half percentage point decrease – which sat at the top end of economists’ expectations and is the first cut since 2020 – should provide some quick relief to consumers with credit card balances.
The social media platform formerly known as Twitter was banned in the country in August.
Satya Nadella leads one of the most important companies in the artificial intelligence race, so it’s no surprise that one its newest tools has already become part of his “daily habit.” Read more...
The International Brotherhood of Teamsters said it would decline to endorse a presidential candidate for the first time in decades, stating that neither Vice President Kamala Harris nor Former President Donald Trump had agreed with its concerns. Read more...
Fed chairs typically seek consensus on decisions, sometimes reaching compromises to avert open disagreement that could be seen as undercutting their credibility.
Despite high hopes for Apple’s ( AAPL ) artificial intelligence push , Apple Intelligence hasn’t seemed to convince people to get their hands on the iPhone 16 . Read more...
A vast majority of Frontier Airlines (ULCC) flight attendants voted to authorize a strike, their union said Wednesday . Read more...
People around the world watched a whopping 94 billion hours of Netflix ( NFLX ) during the first half of the year. According to the streaming pioneer’s co-CEO Ted Sarandos, that figure is up nearly 5% from 90 billion hours in the last six months of 2023. Read more...
Market expectations for the size of the rate cut had been volatile in recent days.
“It’s a serious error to mislabel a pharmaceutical in this way and it suggests that they have lax processes and procedures in place,” said a former acting commissioner of the FDA.
The Federal Reserve has cut its key lending rate by 0.5 percentage points - a larger cut than expected.
Wall Street investors had bet that the central bank would opt for a jumbo interest rate cut over a quarter-point cut.
The Federal Open Market Committee voted Wednesday to lower interest rates by 50 basis points, bringing the federal funds rate down from two-decade highs after more than a year of watching and waiting. Read more...
Almost eight in 10 CEOs expect all office workers on hybrid schedules will return to working in person five days a week by 2027. Read more...
Jarratt, Va. is a town located 60 miles south of Richmond and which boasts a population of more than 600 people.
Wall Street has grappled with workload concerns among junior staff for years.
Boeing says it is suspending jobs for thousands of staff in the US due to a worker strike.
Boeing ( BA ) is making good on a threat to its workers made in light of its machinists’ strike . The company has begun furloughing workers as it faces a pause in production during the work stoppage. Read more...
Amazon ( AMZN ), embroiled in return-to-office drama , has announced plans to raise wages for its hourly warehouse staff and provide them with free Prime memberships. Read more...
The board resignations followed CEO Anne Wojcicki’s latest proposal to take the company private.
Ortberg also said he and other Boeing leaders "will take a commensurate pay reduction for the duration of the strike."
The outlet, which covers topics like style and living, culture and news, hired boutique investment bank Raine Group to reportedly explore a sale.
Snapchat users have complained of seeing their likeness in ads after the images were put through an AI-powered generator in the "My Selfies" tool.
Amazon is ordering workers back to the office five days a week , a bold move that the company said will increase efficiency and improve work culture. Read more...