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Investing
WeWork’s stock has continued the strange trend of the bankruptcy bounce
In a strange flashback to the demise of Bed Bath & Beyond Inc., WeWork Inc.’s stock soared on its over-the-counter debut this week, just days after the…
Cargo Therapeutics rises 2.2% in trading debut after IPO priced at low end of range
The stock of Cargo Therapeutics
CRGX,
-3.13%,
a clinical-stage biotech specializing in cancer treatments, rose 2.2% in its trading…
Elon Musk biopic in development at A24. Director is ‘one of the best,’ Musk says.
A biopic based on the life of tech billionaire Elon Musk is in development at film studio A24, according to a new report from Variety. The screenplay will be…
The US minimum wage has been $7.25 since 2009. What that means for the economy
Ken Rose, a restaurateur and chef in Sandy, Utah, said that though he has always paid his employees above his state’s minimum wage of $7.25 an…
Bitcoin could reach $150,000 in 2025 during new bull cycle, says AllianceBernstein
Bitcoin could reach a cycle high of as much as $150,000 in 2025, driven by the so-called halving event and institutional inflow brought by bitcoin exchange…
Moody’s cuts outlook on U.S. credit rating to negative from stable
Moody’s Investors Service late Friday cut its outlook on the U.S. sovereign credit rating to negative from stable, citing higher interest rates and doubts…
What’s open and closed on Veterans Day 2023
Veterans Day honors active and former US service members. Usually, the federal holiday is celebrated on November 11.
However,…
Fed’s Daly says she’s not sure interest rates are high enough to finish the job on inflation
San Francisco Federal Reserve President Mary Daly said Friday she wasn’t sure the central bank has raised interest rates high enough to bring inflation back…
More than 1,600 Jewish Harvard alumni threaten to withdraw donations over antisemitism concerns
More than 1,600 alumni of Harvard University say that they will withhold donations to the school until Harvard takes urgent action to address…