Category: Business

An upstart hedge fund achieved a whopping 163% return last year by betting Fed rate hikes would cause economic chaos, according to a report Wednesday....

Southwest Airlines’ hunt for a new public relations adviser in the wake of the embattled carrier’s nationwide holiday meltdown prompted widespread ridicule from social media...

General Motors on Wednesday posted a 2.5% rise in US new vehicle sales in 2022, outselling Toyota Motor, helped by an easing of inventory shortages and...

Twitter said it would expand the types of political ads allowed on the social media platform, an apparent reversal of its 2019 global ban on...

Facebook and Instagram parent Meta was hit with $414 million in fines by European Union regulators Wednesday for violating privacy laws in a potential blow...

US job openings slipped in November but remained high, suggesting businesses are still determined to add workers, a blow to the Federal Reserve’s efforts to cool...

Tesla’s China chief Tom Zhu has been promoted to take direct oversight of the electric carmaker’s US assembly plants as well as sales operations in North America and Europe,...

Salesforce plans to cut its workforce by 10% and close some offices, saying it needs to trim costs after rapid pandemic hiring left it with “too...

Former Federal Reserve Chairman Alan Greenspan dismissed arguments that FTX’s collapse was the result of simple negligence or bad bookkeeping this week, referring to the...

Manhattan apartment prices fell 5.5% year-over-year in the fourth quarter of last year — the first time that residential real estate values in the borough...