Super Micro shares tumble 15% after DOJ reportedly opens probe into company
Super Micro shares tumbled Thursday after a report that the Department of Justice opened a probe into the company. ...
Category: Economy
Eric Adams indictment unsealed: New York mayor charged in campaign contribution scheme
There are multiple federal investigations into New York City Mayor Eric Adams, members of his administration and people connected to…
David Tepper says the Fed has to cut rates at least two or three more times to keep credibility
Appaloosa Management's David Tepper said the macro setup for U.S. stocks makes him nervous as the Fed eases policy in…
OpenAI just launched advanced voice mode for audio chats with ChatGPT. Here’s how to use it
If you're a paying customer, ChatGPT will respond to your spoken questions and comments quickly. But there's a limit to…
Chinese yuan hits strongest level against dollar in over 16 months as investors assess PBOC stimulus
China's yuan briefly rose to its strongest level in over a year after Beijing unveiled a slate of stimulus measures…
Justice Department accuses Visa of debit network monopoly that affects price of ‘nearly everything’
Visa and Mastercard have surged over the past two decades, reaching a combined $1 trillion market cap. That has attracted…
China likely needs more than rate cuts to boost economic growth
More fiscal support is needed, analysts said, after the PBOC surprised markets by announcing plans to cut a number of…
FTX fraudster Caroline Ellison sentenced to 2 years in prison, ordered to forfeit $11 billion
Caroline Ellison, who headed a hedge fund affiliated with doomed crypto exchange FTX, testified against her former boyfriend Sam Bankman-Fried…
Koch network touts Mark Robinson’s policy positions with ‘thank you’ ads
A political network backed by billionaire Charles Koch has been quietly involved with advocating for Mark Robinson despite his controversial…