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Categories Economy

FTX exec who turned on Sam Bankman-Fried sentenced to 7.5 years in prison

Author May 30, 2024

Ryan Salame, a former top lieutenant of FTX founder Sam Bankman-Fried, has been sentenced to 90 months, or seven and a half

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Categories Economy

McDonald’s might never expand CosMc’s. But the spinoff could still pay dividends.

Author May 30, 2024

Nearly six months since McDonald’s opened its first CosMc’s location, the hours-long drive-thru lines have died down, but the chain is just getting started. The burger

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Categories Economy

Global debt has grown to $315 trillion this year — here’s how we got here

Author May 30, 2024

The world is mired in $315 trillion of debt, according to a report from the Institute of International Finance. This global debt wave has been

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Categories Economy

Shaking seats and piped-in fog: How 4DX is carving out a niche moviegoing market

Author May 29, 2024

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Categories Economy

Why it seems like everyone you know is going on a cruise

Author May 29, 2024

­­­Lots of people will be getting their sea legs this summer. Ports have been packed with cruise ships over the last few years,

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Categories Economy

Elon Musk’s AI startup now valued at $24 billion after fresh funding

Author May 28, 2024

Elon Musk’s AI startup xAI raised $6 billion in series B funding, reaching a post-money valuation of $24 billion as investors bet

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Categories Economy

Nvidia CEO Jensen Huang’s net worth swells from $3 billion to $90 billion in five years

Author May 27, 2024

Five years ago, Nvidia CEO Jensen Huang owned a stake in his chipmaker worth roughly $3 billion. After Thursday’s rally, which pushed the stock

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Categories Economy

UAW challenges Mercedes-Benz union vote, asks NLRB for new election

Author May 27, 2024

DETROIT — The United Auto Workers union is challenging the results of last week’s organizing vote of Mercedes-Benz workers in Alabama, in which workers voted

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Categories Economy

Boeing, NASA say Starliner astronaut launch will move forward despite spacecraft helium leak

Author May 26, 2024

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Categories Economy

Why groceries are so expensive — and how consumers may start to see relief

Author May 26, 2024

High inflation is subsiding, but many Americans have yet to see relief from elevated prices at the grocery store. “Grocery prices skyrocketed during the pandemic,

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