Biden: IBM Investment to Help in Tech Competition With China
President Joe Biden says a $20 billion investment by IBM in New York’s Hudson River Valley will help give the United States a technological edge against China.
President Joe Biden says a $20 billion investment by IBM in New York’s Hudson River Valley will help give the United States a technological edge against China.
Binance, the world’s largest cryptocurrency exchange, may have lost more than $100 million following a hack of its Binance Smart Chain blockchain network.
Peloton is cutting approximately 500 jobs, about 12% of its workforce, as the high-end exercise equipment maker continues its turnaround efforts.
Average long-term U.S. mortgage rates ticked down modestly this week after six straight weeks of gains pushed rates to heights not seen in more than a decade, before a crash in the housing market triggered the Great Recession in 2008.
More Americans filed for unemployment benefits last week, the largest number in four months, but the labor market remains strong in the face of persistent inflation and a slowing overall U.S. economy.
Japan’s top automaker Toyota says it has identified how to fix its 2023 model year bZ4X crossover electric vehicles after recalling 2,700 of them in June out of concern wheel bolts might become loose, risking a crash.
Stocks ended slightly lower on Wall Street as a gangbuster two-day rally ran out of gas.
The Ford Foundation will commit $80 million over the next five years to work that strengthens nonprofits fighting against authoritarian regimes.
Health insurers will flood the Medicare Advantage market again this fall with enticing offers of plans that have no monthly price tag.
The OPEC+ alliance of oil-exporting countries has decided to sharply cut production to support sagging oil prices.