Business / Finance
Hassett says AI isn't costing anybody their job right now — but tech layoffs keep coming
Tech companies have continued to announce layoffs tied to AI, including recent cuts from Amazon, Meta and Oracle.
Michael Burry is not a believer: 'For any stocks going parabolic reduce positions almost entirely'
Michael Burry said investors should "reject greed" as enthusiasm around artificial intelligence and momentum-driven trades pushes valuations sharply higher.
Cole Allen pleads not guilty to trying to assassinate Trump
Allen is accused of trying to kill Trump, transporting firearms interstate, discharging a firearm during an act of violence and assaulting law enforcement.
Chip stocks continue to surge. Here's how to buy one for less
The immediate impulse might be to jump in the chip rally. If you're in that camp, a more measured approach might be to use options and risk less capital.
IRS may owe millions of taxpayers refunds for pandemic-era penalty relief. How to file a claim
Millions of Americans could be eligible for pandemic-era tax refunds based on Kwong v. United States ruling. Here's the deadline and who qualifies.
The wealthy keep buying Manhattan real estate despite potential pied-à-terre tax
Real estate sales in Manhattan worth $4 million or more increased in the past month, according to Olshan Realty.
Micron shares are rising again despite weak overall market. Why memory chip rally seems unstoppable
Micron is among the "most hyped stocks on social media" as retail enthusiasm simmers
Banking groups escalate fight over stablecoin yield ahead of Senate vote
The American Bankers Association amplified warnings the Senate’s Clarity Act could push deposit flight into stablecoins unless lawmakers tighten yield limits.
Corpay taps BVNK to bring stablecoin wallets to corporate payments
Corpay will use stablecoin rails in its treasury operations to improve capital efficiency, reduce reliance on pre-funded accounts, and move funds across its global footprint.
The biggest consensus overhaul in Solana history is officially live for testing
The upgrade, known as Alpenglow, is live on a community test cluster, said Solana core developer Anza.
Ripple raises $200 million from Neuberger Berman to expand its Ripple Prime platform
Ripple announced its agreement with the global investment firm Monday, noting that Ripple Prime’s revenue has tripled in the last year, when. it acquired it for $1.25 billion.
Cerebras bumps up IPO range as it looks to raise up to $4.8 billion
Elon Musk was open to having OpenAI merge with Cerebras. Now Cerebras is looking at going public as soon as this week.
CoinDesk 20 performance update: SUI surges 25% over weekend
Cronos (CRO), up 9.7% from Friday, joined Sui (SUI) as a top performer.
High gas prices are hurting restaurant sales — but not all chains
Restaurant traffic fell 2.3% in March compared with the year-ago period, according to Black Box Intelligence.
Tom Lee's Bitmine slows down ether purchases after already buying 1 million tokens this year
The firm bought roughly 26,000 ether last week, a sharp decline from the average of the previous weeks' 100,000.
‘The haters will hate’: Dan Ives predicts Nasdaq 30,000 as AI rally expands
A solid tech earnings season has seen investor jitters earlier this year evaporate
Congress and retailers want to rebuild national parks. Tolls on federal roads might pay for it
Rebuilding national parks is a bipartisan priority and key for outdoor recreation companies such as REI and VF Corp.
Strategy buys 535 bitcoin for $43 million days after signaling potential BTC sales
Last week's purchases were funded by sales of the company's common stock.
Ronin set to transition to Ethereum layer 2 from independent sidechain
The purpose behind the migration is to enhance security, tokenomics and scalability, said Ronin, which suffered the largest DeFi bridge exploit on record in 2022.
Bitcoin funds capture $700 million as institutions place their bets
Your day-ahead look for May 11, 2026
Michael Saylor’s latest tax strategy echoes Strategy’s 2022 bitcoin sale
Michael Saylor confirmed the company was prepared to sell bitcoin, reviving a tax loss harvesting strategy first used in 2022.
Trump fans put millions of dollars into a gold phone and a memecoin. Neither has gone well
Nearly 600,000 deposits worth $60 million have been collected for a gold T1 phone that has not been delivered to a single confirmed buyer, with terms quietly rewritten in April to…
Circle raises $222 million for Arc, beats Q1 earnings estimates but misses on revenue
Circle raised $222 million for its Arc blockchain token at a $3 billion valuation, drawing backing from BlackRock, Apollo and Bullish.
Bitcoin whipsaws on CME open as Iran tensions pressure crypto markets
BTC briefly topped $82,400 before slipping below $81,000 as traders repositioned around CME futures open and geopolitical risks rattled markets.