U.S. Pushes Nigeria to Release Tigran Gambaryan of Binance
Diplomats are calling for the release of Tigran Gambaryan, an employee of the crypto exchange who was arrested…
2024
DirecTV’s Dispute With Disney Shows Why Satellite TV Is in Trouble
While the cable TV business is declining quickly, satellite TV is decaying even faster.
Navient and CFPB Reach $120 Million Student Loan Settlement
The company has been banned from servicing federal student loans and must pay $100 million to harmed borrowers,…
U.S. Mortgage Rates Fall to 6.2%, Lowest Since Early 2023
The average rate on 30-year mortgages declined to 6.2 percent this week, the lowest point since early 2023.
OpenAI Aims for a $150 Billion Valuation
The ChatGPT maker is closing in on another mega funding round as investors bet the boom in artificial…
A Corporate Minimum Tax Aimed at Closing ‘Loopholes’ Leaves Gaps
The Treasury Department estimates that a new law requiring big companies to pay a 15 percent tax will…
European Central Bank Cuts Rates for Second Time in Three Months
The reduction, to 3.5 percent from 3.75 percent, comes as inflation has slowed and the bank faces pressure…
G.M. and Hyundai Plan to Work Together on New Vehicles
General Motors and the South Korean automaker say they will collaborate on new vehicles, buying parts and clean…
Offshore Wind Slowed by Broken Blades, Rising Costs and Angry Fishermen
Accidents involving blades made by GE Vernova have delayed projects off the coasts of Massachusetts and England and…
Why Low Layoff Numbers Don’t Mean the Labor Market Is Strong
Past economic cycles show that unemployment starts to tick up ahead of a recession, with wide-scale layoffs coming…