Zurich Central Station MacKenzie Sigalos DAVOS, Switzerland — It took 18 hours, a Lyft, two planes, three cross-country train rides and a ride in a Volvo sport utility vehicle to get from downtown Manhattan to an apartment on Scalettastrasse, a snow-covered street in the heart. from Davos. The small Swiss Alpine town is once again … Read more
The US Treasury Building in Washington, DC on August 15, 2023. Nathan Howard | Bloomberg | Getty Images The U.S. government spent another half a trillion dollars in red ink in the first quarter of its fiscal year, the Treasury Department announced Thursday. For the period from October to December 2023, the budget deficit reached … Read more
Google headquarters in Mountain View, California, on January 30, 2023. Marlena Sloss | Bloomberg | Getty Images Google cut several hundred jobs across the company late Wednesday as the company continues to push for efficiencies and focus on its “biggest product priorities,” a spokesperson confirmed to CNBC. The layoffs will affect employees of Google’s hardware … Read more
The U.S. Securities and Exchange Commission on Wednesday approved rule changes that will allow the creation of bitcoin exchange-traded funds in the U.S., a long-awaited move that will give investors regular access to the controversial and volatile cryptocurrency. The decision is likely to lead to the conversion of Grayscale Bitcoin Trust, which holds about $29 … Read more
Here are the top news investors need to start their trading day: 1. Welcome back Stocks rebounded to start the year on Monday after a week of losses. The broad S&P 500 ended roughly 1.4% higher, while the tech-heavy Nasdaq jumped a stellar 2.2%. The Dow improved only about half a percentage point as a … Read more