Finance

GM Ends $10 Billion Cruise Robotaxi Investment Amid Rising Challenges

General Motors has decided to discontinue its robotaxi development efforts at Cruise, its self-driving technology division, after investing more than $10 billion in the ambitious project. The automaker cited significant […]
By | 2 days ago
Cryptocurrency

Trump Media in Advanced Talks to Acquire Crypto Platform Bakkt

President-elect Donald Trump’s media company, Trump Media & Technology Group (TMTG), is in advanced negotiations to acquire cryptocurrency platform Bakkt in an all-stock deal, according to sources cited by the […]
By | 3 weeks ago
Finance

Jamie Dimon to Remain at JPMorgan, Declines Potential Trump Administration Role

JPMorgan Chase CEO Jamie Dimon has confirmed he will remain with the bank, ruling out any intention of joining the Trump administration despite recent speculation. Dimon, a highly regarded leader […]
By | 1 month ago

Edison Partners Leads $115M Funding for Fingercheck to Advance Workforce Management for Deskless Employees

Edison Partners led a $115 million funding round for Fingercheck, a NYC-based company providing payroll and HR software for small and medium-sized businesses (SMBs) with deskless workforces, such as plumbing, […]
By | 1 month ago
Money

Gold Surges to Historic Highs as Federal Reserve Rate Cuts Loom

Gold prices soared to record levels on Tuesday, driven by increasing expectations of a September interest rate cut. Gold futures climbed 1.7% to $2,471.1 per ounce, surpassing the previous peak […]
By | 5 months ago

Dow Jones Hits Historic 40,000 Milestone Amid Rate Cut Hopes

The Dow Jones Industrial Average closed above the 40,000 mark on Friday for the first time in its 139-year history. Boosted by optimism over potential rate cuts from the Federal […]
By | 7 months ago
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