Category: Economy

Bumble shares jump 26% as dating company plans to axe 30% of workforce
Women’s Tennis Association extends media rights deal with Tennis Channel through 2032
Divided Fed proposes rule to ease capital requirements for big Wall Street banks
How Fanatics is teaching business acumen to pro athletes
Nvidia CEO Huang sells $15 million worth of stock, first sale of $873 million plan
Small-business AI use is lagging, but one firm is channeling Sherlock Holmes and knocking out ‘grunt work’
Walmart to pay $10 million to settle lawsuit over money transfer fraud
Apple sued by shareholders who allege it overstated AI progress
Nike pushes back Skims launch with Kim Kardashian due to production delays
Apple looking to make ‘premium’-priced folding iPhones starting next year, analyst says
Oil prices rise more than 1% as Israel vows to intensify attacks on Iran
Tesla agrees to first deal to build China’s largest grid-scale battery power plant
Streaming overtakes cable and broadcast as the most-watched form of TV
Amazon expects to cut corporate jobs as it relies more on AI
DOJ seizes record $225 million in crypto tied to global ‘pig butchering’ scams
Tesla stock sinks as Musk and Trump ridicule each other
Trump implies government could cut contracts and subsidies to Musk’s companies
Shein and Temu see U.S. demand plunge as loophole for cheap goods closes