Business

SEC sues MetaMask developer Consensys as it extends legal crusade against crypto industry

On Friday, the Securities and Exchange Commission brought its latest lawsuit against the crypto industry, this time targeting Consensys, a blockchain firm focused on the

Business

Coinbase down 9% this month, aligned with Bitcoin’s tumble

Even with gains through midday Tuesday of better than 4%, to nearly $222, shares in the cryptocurrency exchange Coinbase are down about 13% since June

Business

Consumer sales are flatlining, but UBS says it will drive a revival of brick-and-mortar stores as shoppers want to ‘try before they buy’

The number of people buying online is falling—but bad news for consumer spending could lead to a comeback for brick and mortar stores thanks to

Business

‘Sometimes, the facts don’t matter’: Attacks on DEI are an anti-capitalist war on American prosperity

Few three-letter words have polarized our country more than DEI—formerly known as diversity, equity, and inclusion. DEI has engaged America in a ruinous rhetorical civil

Business

Housing market crisis: High home price are ‘feudalizing’ California

There are unaffordable housing markets, and then there are “impossibly unaffordable” markets, four of which are in California, a recent study said. The housing crisis

Business

Instant noodles banned in Denmark for being too spicy

A Danish food regulator recalled a brand of instant noodles, declaring the chewy, umami-filled strings posed a health hazard, despite not having quality control issues.

Business

Housing market outlook: Spring selling season is coming to an end—not with a bang, but with a whimper 

This year’s spring selling season wasn’t a typical one, and while it seems to be better than last year, there was an air of melancholy

Business

Jetblue Airways, Pelaton, and Manchestor United a few of the 7,000 ‘zombie companies’ globally

An Associated Press analysis found the number of publicly-traded “zombie” companies — those so laden with debt they’re struggling to pay even the interest on

Business

AI isn’t yet capable of snapping up jobs—except in these 4 industries, McKinsey says

With sluggish productivity growth around 1.4% despite watershed advancements in technology and innovation, increasing growth—and median household incomes—may hinge on a simple equation. “I have

Business

S&P downgrades France as debt to soar more than expected, putting it on par with Czech and Estonian ratings

S&P Global Ratings downgraded France, tarnishing President Emmanuel Macron’s record for debt management and plunging him deeper into political difficulties a week before European elections.