This change could help keep the GameStop fiasco from happening again
Part of what made last month’s GameStop trading frenzy such a mess: Right as the stock was hitting its peak, Robinhood and other brokerages…
Continue ReadingPart of what made last month’s GameStop trading frenzy such a mess: Right as the stock was hitting its peak, Robinhood and other brokerages…
Continue ReadingIt’s another rough day for stocks. The market has entered a new phase of volatility as government bond yields are on the rise, signaling…
Continue ReadingCostco will raise its starting rate for hourly store workers in the United States to $16 an hour, putting its starting wage above rivals such as…
Continue ReadingLondon has been the unrivaled king of European finance for more than three decades. Brexit is starting to change that. Billions of dollars worth of…
Continue ReadingA version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Watching…
Continue ReadingEditor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here.…
Continue ReadingBest Buy said Thursday that it laid off 5,000 workers this month and is planning to close more stores this year as more consumers buy electronics…
Continue ReadingCostco will raise its starting rate for hourly store workers in the United States to $16 an hour, putting its starting wage above rivals such as…
Continue ReadingCall it a Mac mini: Target is opening scaled-down versions of Apple stores at some of its US outlets this year, furthering the two companies’…
Continue ReadingAnother 730,000 American workers filed for first-time unemployment benefits, adjusted for seasonal swings, last week, the Labor Department reported…
Continue ReadingVictoria’s Secret is continuing to shrink its store count. Its parent company L Brands announced that it plans to permanently close between 30…
Continue ReadingPepsiCo isn’t joining the hard seltzer trend just yet. But it wants to be part of your at-home cocktail experience with a new line of mixers.…
Continue ReadingAfter a quick bout of nerves, Wall Street is ready to restart the party. What’s happening: In testimony before Congress this week, Federal…
Continue ReadingThe Federal Reserve suffered a widespread disruption in multiple payment services Wednesday, including a system that banks and businesses rely on to…
Continue ReadingGeely has scrapped plans to merge its business with Volvo and will now focus its global ambitions on a joint venture with the Swedish carmaker on…
Continue ReadingGameStop shares rallied 67% ahead of the opening bell Thursday, following another blockbuster day for the stock. On Wednesday, the gaming…
Continue ReadingThree of Britain’s biggest banks have announced plans to dump expensive office space, a bet that remote work is here to stay even after the…
Continue ReadingAustralia has passed a new law that will force tech companies to pay publishers for news content, setting the stage for potential, similar action in…
Continue ReadingDo you read the following headline from CNN Business and get a little nervous? Housing market concerns begin to emerge If the answer is yes,…
Continue ReadingFew things have changed less during the course of this century than this nation’s fleet of postal delivery vehicles. The squat, box-like van…
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