FTC votes to block Microsoft’s $69B Activision acquisition
The Federal Trade Commission has sued to block Microsoft’s $69 billion deal to buy Activision Blizzard, claiming that the mega-deal would stifle competition in the...
Mortgage rates fall for fourth straight week
The average long-term mortgage rate fell for the fourth consecutive week and have dropped more than three-quarters of a point since hitting a 20-year high...
US stocks could fall in severe recession: Nouriel Roubini
US stocks will have much further to fall if the economy careens into a severe recession next year, according to a prominent economist known as...
Ex-CEO Bob Nardelli warns organized retail theft an ‘epidemic’
As big-name retailers like Walmart and Home Depot warn of rising retail thefts this holiday season, two experts are predicting the surge “only escalates from...
Twitter targeted women for layoffs under Elon Musk: lawsuit
Twitter has been hit with another lawsuit stemming from the recent purging of half its workforce, this one accusing the social media company of disproportionately...
Jobless claims rise by 4,000 as labor market remains tight
The number of Americans filing new claims for jobless benefits increased moderately last week, while continuing claims hit a 10-month high towards the end of November, suggesting the labor...
Tesla investors frustrated with Elon Musk over Twitter chaos
Tesla investors are growing frustrated as Elon Musk devotes more of his time and energy toward his overhaul at Twitter, even as the electric vehicle...
FTX’s Sam Bankman-Fried faces probe over Luna cryptocurrency crash
The feds are reportedly investigating whether beleaguered FTX founder Sam Bankman-Fried manipulated the market for two cryptocurrencies that crumbled earlier this year – eventually resulting...
I got ‘dress-coded’ at Disney over ‘inappropriate’ top
Apparently they didn’t like her Minnie blouse. Outraged female Disneyland-goers have been flocking to TikTok in droves to complain about the House Of Mouse’s allegedly...
Elon Musk will charge iPhone users more for Twitter Blue: report
Elon Musk — amping up a battle with Apple over the punishing fees it charges app developers — is reportedly planning to charge iPhone owners...