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Tag: Amazon

NEW YORK - SEPTEMBER 16: A Wall St. sign next to the New York Stock Exchange (NYSE) September 16, 2008 in New York City. U.S. stocks continued to drop Tuesday morning for the second consecutive day, following yesterday's Dow Jones Industrial Average plunge of 4.4% or 504 points, being the worst single day loss since the terrorist attacks of September 2001. Today the Federal Reserve is scheduled to announce the target interest rates for the federal funds. It's not clear how the central bank will respond to recent turmoil in the world's financial markets. This comes after news of Merrill Lynch & Co. Inc selling itself to Bank of America Corp, the financial firm Lehman Brothers Holdings Inc. filing for Chapter 11 bankruptcy protection, and insurance giant American International Group Inc. (AIG) attempting to raise capital to stay afloat. (Photo by Spencer Platt/Getty Images)

Dow Eclipses 40,000 For First Time Ever In The Stock Market

The Dow Jones Industrial Average hit the 40,000 point threshold for the first time ever on Thursday as investors on Wall Street were feeling timid over the idea of interest rate cuts. 

Read More Dow Eclipses 40,000 For First Time Ever In The Stock Market
The seal of the Federal Trade Commission(FTC) is seen sewn into the carpet in their Commissioner's Conference Room January 15, 2014 inside the FTC headquarters in Washington, DC . AFP Photo/Paul J. Richards / AFP PHOTO / Paul J. RICHARDS (Photo credit should read PAUL J. RICHARDS/AFP via Getty Images)

Approximately 800,000 BetterHelp Customers Receive Refund Notices, FTC Says

Almost 800,000 customers of the online therapy platform BetterHelp will begin receiving refund notices related to a settlement with the Federal Trade Commission (FTC).

Read More Approximately 800,000 BetterHelp Customers Receive Refund Notices, FTC Says
FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 15, 2023. REUTERS/Brendan McDermid

Wall St climbs after jobless claims data spurs rate-cut bets

The main U.S. stock indexes rose on Thursday and renewed hopes that the Federal Reserve will cut interest rates this year.

Read More Wall St climbs after jobless claims data spurs rate-cut bets
LONDON, ENGLAND - NOVEMBER 10: In this photo illustration the FTX logo and mobile app adverts are displayed on screens on November 10, 2022 in London, England. The Bahamas-based crypto exchange's larger rival, Binance, walked away from a potential bailout deal, as FTX struggles with a wave of customer withdrawals that have created a liquidity crunch. (Photo Illustration by Leon Neal/Getty Images)

FTX Offers Refunds to Crypto Customers, Excludes Profits from Price Surges

If a judge accepts the company’s bankruptcy plan, certain customers of the defunct cryptocurrency exchange FTX may be entitled to receive the full amount of money they lost.

Read More FTX Offers Refunds to Crypto Customers, Excludes Profits from Price Surges
CORAL GABLES, FLORIDA - JANUARY 20: A Peloton bike on the showroom floor on January 20, 2022 in Coral Gables, Florida. Reports indicate that Peloton Interactive Inc is temporarily halting production of its bikes and treadmills after a drop in demand for the products. (Photo by Joe Raedle/Getty Images)

Peloton CEO Is Stepping Down, Fitness Company To Cut Workforce By 15%

Peloton’s Chief Executive Officer has officially stepped down from the role as the popular fitness company is planning to cut 15% of its global workforce. 

Read More Peloton CEO Is Stepping Down, Fitness Company To Cut Workforce By 15%
(L) A photo taken on March 11, 2024 shows the logo of US online social media and social networking service X - formerly Twitter - on a smartphone screen in Frankfurt am Main, western Germany. Since his tumultuous takeover of Twitter, Elon Musk has made an unabashed turn to the right politically, defying the orthodoxy that Silicon Valley is a citadel of well-heeled liberals beholden to Democrats. Long considered non-identifiable ideologically, Musk's politics are now hardline right wing as he uses his platform (now called X) to stoke the themes cherished by Fox News, conservative talk radio and far right movements across the West. (Photo by Kirill KUDRYAVTSEV / AFP) (Photo by KIRILL KUDRYAVTSEV/AFP via Getty Images) / (R) South African businessman Elon Musk arrives at the Tenth Breakthrough Prize Ceremony at the Academy Museum of Motion Pictures in Los Angeles, California, on April 13, 2024. (Photo by ETIENNE LAURENT / AFP) (Photo by ETIENNE LAURENT/AFP via Getty Images)

X Will Be Launching App For Smart TVs, ‘Similar To Youtube TV’

Elon Musk’s X (Twitter) will be releasing an app for smart TVs that is “identical” to what YouTube TV offers.

Read More X Will Be Launching App For Smart TVs, ‘Similar To Youtube TV’

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SpaceX and Tesla founder Elon Musk participates in a town hall-style meeting to promote early and absentee voting at Ridley High School on October 17, 2024 in Folsom, Pennsylvania. (Photo by Anna Moneymaker/Getty Images)
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