Bitcoin is more closely correlated to the Nasdaq than it is to gold most of the time, and investors could benefit from viewing it as another big tech stock, says Standard…
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Embattled genetic testing company 23andMe, once valued at $6 billion, filed for Chapter 11 bankruptcy protection in Missouri federal court on Sunday night. The company’s CEO, Anne Wojcicki, has resigned from…
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Business
Dollar Tree says it’s winning over higher-income shoppers and may offset tariffs with price hikes
by adminDollar Tree said Wednesday that it’s gaining market share with higher-income consumers and could raise prices on some products to offset President Donald Trump’s tariffs. The discount retailer’s CEO, Michael Creedon, said the…
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Chinese tea chain Chagee filed for a U.S. initial public offering on Tuesday, seeking to trade on the Nasdaq using the ticker “CHA.” The IPO filing comes as the company…
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Business
Affirm announces JPMorgan Chase merchants can now offer installment loans at checkout
by adminFintech lender Affirm said Tuesday that it’s reached an agreement with JPMorgan Chase to offer its buy now, pay later loan services to merchants on the bank’s payments network. U.S. merchants who use JPMorgan…
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Business
Berkshire Hathaway employee wins $1 million in Warren Buffett’s March Madness bracket challenge
by adminFor the first time in nearly 10 years, a Berkshire Hathaway employee claimed Warren Buffett’s $1 million grand prize for his company’s NCAA bracket contest. An anonymous employee from aviation training company FlightSafety…
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Oil executives are warning that President Donald Trump’s tariffs and “drill, baby, drill” message have created uncertainty in energy markets that is already affecting investment. The executives, shielded by anonymity, bluntly…
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Politics
Trump asks Stefanik to withdraw from UN ambassador contention over razor-thin House majority
by adminPresident Donald Trump announced that he asked Rep. Elise Stefanik, R-N.Y., to bow out of contention to be U.S. ambassador to the United Nations. He cited the House GOP’s slim…
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Six House Democrats broke from their party on Thursday to pass a pair of bills blocking Biden administration-era green energy rules. It’s the latest rebuke from more moderate Democrats of…
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Politics
Trump admin urged to probe allegations pro-Hamas college groups had ‘prior knowledge’ of Oct 7 attack
by adminA group of Republican lawmakers is asking the Trump administration to open a probe into whether any anti-Israel groups that have been protesting on college campuses had any prior knowledge…