A pseudonymous developer at Solana-based Cypher Protocol has confessed to stealing approximately $300,000 worth of user funds and gambling them away. In a…
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KuCoin has made the decision to suspend all naira-based peer-to-peer (P2P) trading in response to increased scrutiny from Nigeria’s regulatory authorities. The move…
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Federal student loans this fall will have the highest interest rate in more than a decade
The interest rate on many new federal student loans is set to rise to its highest level in more than a decade next…
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Fed Chair Jerome Powell says inflation has been higher than thought and expects rates to hold steady
Federal Reserve Chair Jerome Powell reiterated Tuesday that inflation is falling more slowly than expected and will keep the central bank on hold…
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Silver lining for consumers: Food price growth has gone flat and other prices are falling
Price growth in many key consumer categories has slowed considerably or ceased altogether — but that has done little to dent consumer worries…
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At least 99 locations of Red Lobster are being auctioned off amid questions about the stalwart seafood chain’s long-term future. In a post…
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Adam Selipsky, CEO of Amazon’s cloud computing business, will step down from his role next month, the company announced Tuesday. Matt Garman, senior vice president of…
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Get ready for the next cable-like streaming bundle: Comcast later this month will launch a three-way bundle — with Peacock, Netflix and Apple TV+ — offered at a…
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When it comes to spending money in retirement, there’s one rule of thumb — the 4% rule — that has persisted for decades. The 4%…
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Dow slips for first losing day in nine as consumers’ expectations for inflation rise
The Dow Jones Industrial Average slipped on Monday, snapping an eight-day winning streak, as traders grappled with rising inflation expectations ahead of key reports due…