The U.S. Department of Justice in Washington, D.C., June 20, 2023. Kevin Dietsch | Getty Images News | Getty Images The Department of Justice on Monday announced criminal charges against two people and the guilty plea of a third person for orchestrating a $1.9 billion cryptocurrency fraud scheme known as […]
CNBC News
Trump attempts to take credit for stock market record highs under Biden
Former President Donald Trump leaves a press conference at 40 Wall Street on January 17, 2024 in New York City. Trump held a press conference after leaving the second day of his defamation trial involving E. Jean Carroll. Alexi J. Rosenfeld | Getty Images News | Getty Images Former President […]
OpenAI is working on AI education and safety initiative with Common Sense Media
Sam Altman, CEO of OpenAI, attends the 54th annual meeting of the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024. Denis Balibouse | Reuters OpenAI said on Monday that it’s partnering with Common Sense Media on an initiative designed to help teens understand how to use artificial intelligence […]
Reed Hastings sells $1.1 billion in Netflix shares
Netflix co-founder and executive chairman Reed Hastings speaks during the New York Times DealBook Summit in the Appel Room at the Jazz at Lincoln Center in New York City on Nov. 30, 2022. Michael M. Santiago | Getty Images Netflix co-founder and executive chairman Reed Hastings has gifted two million […]
Retail return fraud is rising as key holiday deadline approaches
Deadlines loom for consumers who want to send back unwanted holiday gifts. Many retailers extend return windows for purchases made in November and December through the end of January. But in many other parts of the return process, companies have become less lenient. As more consumers shop online and send […]
Sen. Elizabeth Warren pushes Fed Chair Powell to cut ‘astronomical’ rates, ease housing pressure
Senator Elizabeth Warren, a Democrat from Massachusetts, left, speaks with Jerome Powell, chairman of the U.S. Federal Reserve, during a Senate Banking, Housing and Urban Affairs Committee hearing in Washington, D.C., U.S., on Tuesday, Sept. 28, 2021. Kevin Dietsch | Bloomberg | Getty Images Sen. Elizabeth Warren, D-Mass., and three […]
Tax season kicks off. Here’s how to get a faster refund and avoid ‘self-inflicted mistakes,’ expert says
D3sign | Moment | Getty Images Tax season has kicked off and the IRS has started to process 2023 returns. If you’re expecting a refund, there are a few ways to get the money faster, experts say. Often, “self-inflicted mistakes” cause refund delays, according to Mark Steber, chief tax information […]
Workers are sour on the job market — but it may not be warranted
Maskot | Digitalvision | Getty Images Workers are sour on the job market — but that pessimism may be somewhat misplaced. The Glassdoor Employee Confidence Index in January fell to its lowest level since 2016, when the career site began tracking the metric, it said Monday. The index measures how […]
Earnings season is like ‘March Madness’ for options traders. Here are some basic strategies
With earnings ramping up, we thought we would revisit our discussion about options and how investors might use them during this quarterly reporting season. If you haven’t read our prior work on the subject, take a look at our Zero-day options and our Basic options primer stories, as they will […]
Haley hits Trump on tariffs ahead of her Wall Street fundraisers
Former South Carolina Gov. Nikki Haley drew a sharp line Monday between her views on trade and the tariffs proposed by her rival, Republican front-runner Donald Trump. “This is a man who now wants to go and put 10% tariffs across the board, raising taxes on every single American. Think […]