Economy
Alphabet shares record their worst day ever, shedding $500 billion in value
Shares of Google parent company Alphabet sank Thursday by 12.6%, marking the stock’s worst one-day drop ever and wiping out…
Category: Economy
Economy
Economy
Fed expected to hold interest rates steady as inflation tops midterm voters’ concerns
The Federal Reserve is meeting in Washington this week, when it will consider whether to raise interest rates in an…
Economy
Polymarket halts trading for an hour after vendor compromise, says affected users will be ‘made whole’
Prediction markets platform Polymarket was forced to halt trading on its international platform Thursday for nearly an hour because of…
Economy
Utah charges Kalshi and its founders, escalating a fight over who can regulate prediction markets
Utah filed criminal charges against prediction market operator Kalshi and two of its executives Wednesday, months after a federal judge…
Economy
Cruise company had troubled history before abandoning passengers in Cambodia
The residential cruise company behind The Odyssey was plagued by lawsuits and a failed health inspection, records reveal, before it…
Economy
Wendy’s, struggling with beef prices and growing competition, gets a buyout offer
Wendy’s shares jumped more than 14% Wednesday after noted investor Nelson Peltz made an offer to buy the chain, which…
Economy
Rising diesel prices hit school districts hard ahead of the midterm elections
EATONVILLE, Wash. — In this picturesque town nestled in the shadow of Mount Rainier, School Superintendent Jay Brower is used…
Economy
Trump says he’ll roll back Biden-era methane rules for oil and gas companies
President Donald Trump said Tuesday his administration plans to ease regulations on methane — a potent greenhouse gas that is…
Economy
Election betting odds became less accurate as primaries neared, report finds
With midterm elections just days away, a new analysis is raising questions about the accuracy of online election prediction markets,…
Economy
Hello Kitty maker Sanrio cuts ties with TV spy show after China backlash
TOKYO — Hello Kitty maker Sanrio has canceled a collaboration with a Japanese TV spy show after a backlash in…