Disney to ditch Slack following July data breach
The company's Slack server was hacked in July, leading to more than a terabyte of company data being leaked to the public.
Nike CEO John Donahoe is out, replaced by company veteran Elliott Hill
Nike CEO John Donahoe will retire from the company in October. He will be replaced by company veteran Elliott Hill.
WIF, PEPE, and SEI shine as cryptocurrencies surge
WIF, PEPE and SEI were among top performing altcoins as Bitcoin surged to above $63,800 on Sept. 19. These gains followed US Federal Reserve’s 0.5%...
Mortgage rates went up right after the Fed cut interest rates. Here’s why.
Mortgage rates inched up even though the Federal Reserve cut interest rates. Experts explain why this is a short-lived phenomenon.
Trump’s cap for credit-card interest rates wouldn’t pass Congress, analyst says
Republican presidential nominee Donald Trump on Wednesday promised to cap interest rates for credit cards, but a veteran analyst predicts the plan wouldn’t get the...
Dow surges to record as investors celebrate Fed’s ‘recalibration’ rate cut
Fed Chair Jerome Powell emphasized a policy “recalibration.” Investors like the sound of it.
Fed is more worried about labor market than Powell let on, William Dudley says
Federal Reserve Chair Jerome Powell did a “great job” of explaining the reasons for an aggressive interest-rate cut in a “non-scary way,” former New York...
More investors are betting on Trump Media’s ‘DJT’ stock to drop
Short selling of DJT stock has risen ahead of the lockup expiration on insider sales on Friday.
Apple’s iPhone 16 is selling better than the iPhone 15, says T-Mobile CEO
T-Mobile Chief Executive Mike Sievert says it’s “nonsense” that the iPhone 16 line’s preorder sales are underwhelming so far.