Elon Musk is holding steady on bitcoin as crypto markets tumble
Bitcoin and other cryptocurrencies plunged Wednesday after China took steps to further crack down on digital currency. Anxiety is spreading through…
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Oatly could be worth $10 billion after New York IPO
Fast-growing Swedish oat milk brand Oatly is headed for a splashy New York IPO that will test investor demand for companies that make plant-based…
Continue ReadingExclusive: Truly taps Dua Lipa’s star power as spiked seltzer wars escalate
Hard seltzer sales are surging but competition continues to grow, so Truly Hard Seltzer is using some star power to help the brand break through. The…
Continue ReadingUnder Armour will raise its minimum wage to $15
Under Armour said Wednesday that it will bump up its minimum wage in the United States from $10 an hour to $15, becoming the latest company to raise…
Continue Reading‘Without an inch of steel.’ Soaring metal prices spell trouble for China’s recovery
China and the United States are in a race for scarce commodities to rebuild their economies after the pandemic. That’s pushing prices through…
Continue ReadingOffices are reopening. For parents, that raises a childcare problem
The great reopening and return to pre-pandemic life is a tale of two timelines — and parents are caught in the middle. Offices are itching to get…
Continue ReadingMusk’s mixed messages on bitcoin stoke anxieties about cryptos in Corporate America
Bitcoin, it seemed, was finally ready for prime time. Prices were surging, big payments firms were accepting it, and billionaires such as Paul Tudor…
Continue ReadingPeloton releases a software fix for its recalled treadmills
Peloton is rolling out a software fix for its Tread and Tread+ treadmills after a massive recall. Customers can now access a new “Tread…
Continue ReadingHave Americans forgotten the ghosts of inflation past?
Inflation is not something we’re used to worrying about. In fact, the only Americans with real memories of runaway inflation and its effect on…
Continue ReadingBitcoin plunges to $40,000 as China widens its crypto crackdown
Bitcoin and other cryptocurrencies are plunging as anxiety spreads through the market — this time, after China took more steps to crack down on the…
Continue ReadingBurger King launches new chicken sandwich nationwide
Burger King’s new chicken sandwich is here, and it’s entering a market that’s more crowded than ever. The burger chain first…
Continue ReadingAs Congress weighs whether to set up a commission, there are many unanswered questions about January 6
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Two days after…
Continue ReadingSo your teen wants to be the next Warren Buffett? Fidelity has an account for that
Warren Buffett, the world’s most famous investor, is 90. But there are plenty of people much, much younger who are interested in stocks.…
Continue ReadingTarget, Home Depot, CVS and other stores drop face mask requirements
More stores announced this week they are easing their mask requirements, joining a growing number of top chains changing their policies in the wake…
Continue ReadingForbes staffers announce intention to unionize
At Forbes, a publication known for its coverage of the rich and powerful, its employees are fighting for something rather less glamorous: fair pay…
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Oregon jobless rate holds steady in April, but hiring slows, long-term jobless grows
Oregon’s unemployment rate remained at 6.0% in April, the same as in March. The rate declined slightly in January, February, and March before…
Continue ReadingThe housing market is still red hot despite lumber shortage
Americans keep putting money into their homes. And that’s great news for Home Depot. The retail giant reported sales and earnings for the first…
Continue ReadingWalmart got a boost from shoppers spending their stimulus checks
The latest round of federal stimulus payments of up to $1,400 per person lifted sales at Walmart, the largest retailer in the United States, as…
Continue ReadingThe fight against gun control has some surprising new allies
The firearms industry and its GOP allies have taken a more inclusive approach to fighting Democrat-led efforts to pass stricter gun laws this year.…
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