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.
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.
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.
Elon Musk’s X (Twitter) will be releasing an app for smart TVs that is “identical” to what YouTube TV offers.
The Wisconsin Supreme Court declared that Amazon Flex drivers are employees, not independent contractors, as the major online seller has contended in the past.
The movie industry celebrated “Oppenheimer” and other successes at the Oscars on Sunday.
OpenAI is working on a software that can generate minute-long videos based on text prompts.
Roomba-maker iRobot has announced that the planned deal to be acquired by Amazon will not be completed, resulting in the company announcing they will be laying off 31% of its workforce.
with Christopher Tremoglie
Stocks finished lower after upbeat December U.S. retail sales data eroded expectations the Federal Reserve will kick off its rate-cut campaign as early as March.