‘Fraud is at a crisis level,’ says expert: 5 financial scams to watch out for in 2024
Fraud costs consumers billions of dollars each year. Knowing the tactics criminals use can help you avoid getting scammed. Here’s how to protect yourself.
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ECB's Lagarde calls for a strong Europe to prepare for possible Trump return
European Central Bank President Christine Lagarde said that Europe must go on the offensive, if it is to compete with other major markets, including the U.S.
Sweetgreen wants to be the ‘McDonald's of its generation.’ This rival salad chain could beat it
Salad and Go wants to provide a healthier, cheap fast-food option with its $7 salads and wraps.
From Dimon and Blinken, to Altman and Lagarde: Here are some of the top quotes from Davos
The business and political elite met at the World Economic Forum in Davos, from JPMorgan CEO Jamie Dimon to Ukraine's President Volodymyr Zelenskyy.
Wendy's taps PepsiCo exec Kirk Tanner as new CEO as burger chain fights off activist pressure
Outgoing CEO Todd Penegor has been at the helm of Wendy's since 2016.
Amazon names logistics head as new AWS CFO
John Felton, Amazon's top logistics executive, will take over as chief financial officer of its cloud computing unit.
Judge rejects Trump bid to hold special counsel Jack Smith in contempt in election case
A judge rejected an effort by former President Donald Trump to hold special counsel Jack Smith in contempt in Trump's criminal election interference case.
Amazon's latest layoffs hit its Buy with Prime unit
Since the new year began, Amazon has laid off employees in its Prime Video, MGM Studios, Twitch and Audible divisions.
Failed JetBlue buyout leaves Spirit Airlines with a tough path forward
Spirit, whose last profitable year was 2019, had challenges even before the ruling including grounded planes, softening demand and rising costs.
Judge loses patience with Trump lawyer in E. Jean Carroll sex assault defamation trial
Donald Trump clashed with the judge and complained about E. Jean Carroll's testimony during her first day on the stand in his sex assault defamation trial.
Nvidia and AMD shares hit record highs on AI chip surge
Investors are increasingly bullish on AMD, which is the second largest standalone GPU maker,
Mark Zuckerberg indicates Meta is spending billions of dollars on Nvidia AI chips
Meta appears poised to spend billions of dollars by the end of this year on Nvidia's popular computer chips that are widely used for AI projects
Pushback against Trump plays into the hands of the Chinese, Austria minister says
Liberal pushback against a likely highly divisive U.S. election will play into the hands of the Chinese, Austria's Minister for Foreign Affairs, Alexander Schallenberg, said Thursday.
Fed's Raphael Bostic expects rate cuts to happen in the third quarter
The Atlanta Fed president said a "golden path" economic scenario is getting closer than many Fed officials had expected.
OpenAI announces first partnership with a university
Starting in February, Arizona State University will have full access to OpenAI's ChatGPT Enterprise.
Passive investing rules Wall Street now, topping actively managed assets in stock, bond and other funds
As 2023 came to a close passive held more assets under management than active.
The weight loss drug market may soon get more crowded. Here are the companies trying to enter the booming space
Wall Street has been focused on Novo Nordisk, Eli Lilly and other large drugmakers hoping to join the weight loss drug market, such as Pfizer, Roche and Amgen.
Nelson Peltz states his case for joining the Disney board
The proxy battle comes as CEO Bob Iger tries to streamline the sprawling media company to rein in spending and make its Disney+ streaming platform profitable.
Trump says ‘I would love it’ when judge threatens to kick him out of E. Jean Carroll trial
Donald Trump accused Judge Lewis Kaplan of having "Trump Derangement Syndrome" as E. Jean Carroll testified at the sex assault defamation trial in New York.
Weekly jobless claims post lowest reading since September 2022
Initial filings for unemployment insurance totaled 187,000 for the week ended Jan. 13.
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