business news

Traders work on the floor of the New York Stock Exchange. NYSECheck out the companies making headlines in midday trading.Twitter — Shares of the social media platform slid 9.7% after Elon Musk said his take-private deal is on hold until…

Here are Friday's biggest calls on Wall Street: JPMorgan downgrades UPS to neutral from overweight JPMorgan said UPS shares could be on hold without a major catalyst to drive growth. "Pressure continues mounting on the U.S. consumer and…

Bitcoin staged a rebound on Friday, jumping above $30,000 despite the ongoing woes of stablecoin TerraUSD which has caused panic in the crypto market.The world's largest cryptocurrency bitcoin was trading at around $30,262.85 at 4 a.m.…

The amount spent on financing education doesn't match the view that education is important, said Priyadarshani Joshi, a research officer on UNESCO's Global Education Monitoring Report team.Nobody would argue that education isn't…

Investor favorites Nvidia and Advanced Micro Devices have taken a beating this year amid a broader tech sell-off and now look ripe for investors to buy the dip. But fund manager Jordan Cvetanovski is putting his money into other chip…

Sam Bankman-Fried, CEO of FTX US Derivatives, testifies during the House Agriculture Committee hearing titled Changing Market Roles: The FTX Proposal and Trends in New Clearinghouse Models, in Longworth Building on Thursday, May 12,…

Check out the companies making headlines in midday trading Thursday.Carvana — Shares of the online used-car retailer popped nearly 30%, alongside other heavily shorted stocks. Nearly 29% of Carvana shares available for trading are sold…

iCreditWorks CEO Scott Young, former chief commercial officer of Goldman Sachs Marcus.Courtesy: Goldman SachsA Goldman Sachs executive known for securing some of the industry's biggest credit-card deals in recent years has left to join…

Bitcoin plunged further below the $30,000 mark as investors fled cryptocurrencies.Jaap Arriens | NurPhoto | Getty ImagesBitcoin slumped below $27,000 Thursday for the first time in over 16 months, as cryptocurrency markets extended their…

A plane of Tibet Airlines taxis on a runway on January 9, 2020 in Lhasa, Tibet.He Penglei | China News Service | Getty ImagesChina's Tibet Airlines said all passengers and crew had been evacuated from an Airbus A319 plane that caught…