Bitcoin’s terrible run isn’t over yet
Bitcoin is plummeting yet again. The cryptocurrency has fallen roughly 8% over the past 24 hours, according to Coindesk, and was trading near $33,200…
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Gap’s first piece of Yeezy clothing is a $200 jacket
Gap is finally showing off a first look at its new Yeezy collection with Kanye West nearly a year after the retailer signed the rapper. The first…
Continue Reading‘We turned so far right we went crazy:’ How Fox News was radicalized by its own viewers
This article is adapted from the new edition of “Hoax: Donald Trump, Fox News, and the Dangerous Distortion of Truth,” which was…
Continue ReadingEl Salvador will adopt bitcoin as legal tender, president says
El Salvador could become the first country to adopt bitcoin as a legal tender, Salvadorian President Nayib Bukele announced in a video recording…
Continue ReadingThe stock market after-party is in Europe
US stock indices remain in record territory. But in recent weeks, they’ve been stuck in a holding pattern as investors hunt for the next big…
Continue ReadingFirst on CNN Business: Asia’s fake pork titan sets its sights on the next ‘big’ thing
OmniFoods, the Hong Kong startup best known for its fake pork product “OmniPork,” is jumping on what it sees as the next phenomenon:…
Continue ReadingBurger King trolls Chick-fil-A with LGBTQ+ donations
Burger King is making a statement during pride month: It’s trying to get a leg up in the chicken sandwich wars by taking a not-so-subtle dig at…
Continue ReadingThese AMC insiders sold $8 million of stock during last week’s boom
A half-dozen AMC leaders are cashing in on the “meme stock” madness. Four AMC executives and a pair of directors unloaded more than $8…
Continue ReadingCompanies you’d never expect are offering signing bonuses to new employees
America’s stores are having trouble bringing on staff to meet growing demand from customers as the US economy regains steam. So they’re…
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Why electric cars are so much heavier than regular cars
Batteries are heavy. That’s why, generally, electric cars weigh considerably more than otherwise similar gasoline-powered vehicles. Take the…
Continue ReadingDollar doldrums are back as inflation worries heat up
Though bitcoin and other cryptocurrencies are the talk of the moment, the good old US dollar still reigns as the world’s reserve currency. But…
Continue ReadingThe Atlantic staffers announce intention to unionize
In a 1916 issue of The Atlantic Monthly, John D. Rockefeller Jr. wrote about workers’ right to organize. More than 100 years later, the…
Continue ReadingElon Musk cancels the 500-mile range version of Tesla’s Model S
Elon Musk is pulling the plug on his promised Tesla Model S Plaid+ super car about a year before it was expected to go on sale. Tesla still plans a…
Continue ReadingElon Musk cancels the Plaid Plus version of Tesla’s Model S
Elon Musk is pulling the plug on his promised Tesla Model S Plaid+ super car about a year before it was expected to go on sale. Tesla still plans a…
Continue ReadingAmericans are still sitting on loads of stimulus cash
As CEO of one of America’s biggest banks, Bank of America’s Brian Moynihan has unique insight into the health of the country’s…
Continue ReadingUS oil hits $70 for the first time in nearly three years
US oil prices hit $70 a barrel on Sunday for the first time in nearly three years. While prices have since backed off a little from that milestone…
Continue ReadingChinese women were already discriminated in the workplace. A three-child policy might make things worse
When Janice Zhang went job hunting in March, at every interview the 33-year-old was asked the same question: Was she married yet? Zhang works in…
Continue ReadingJen Psaki: I can’t let the briefing room become ‘a forum for propaganda’
The White House press briefing room will return to 100% capacity on Monday after 15 months of social distancing due to the coronavirus pandemic. It…
Continue ReadingJustice Department treats journalists like drug gangs, New York Times reporter says
Journalists may be relieved — for now — that the Biden administration is changing the Justice Department’s policy that allowed prosecutors…
Continue ReadingPlan ahead: Walmart will not be open this Thanksgiving
It’s only June, but Walmart already has plans for Thanksgiving. They don’t involve you. The world’s largest retailer announced that…
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