On Tuesday, international ratings agency Fitch Ratings noted it has once again downgraded its global Gross Domestic Product (GDP) forecasts for the coming year. It said the downgrade resulted from…

Due in large part to the high cost of assembling electric vehicles, automaker Stelantis is indefinitely shuttering an assembly plant in Illinois this coming February, in a move which will…

Reuters is reporting Spirit Airlines is offering a big pay raise to its pilots. According to a union memo seen by the outlet, the airline is offering up to a…

Caroline Ellison, the former CEO of the FTX-associated Alameda Research trading company, has retained Stephanie Avakian, a former top cryptocurrency regulator for the US Securities and Exchange Commission and the…

Twitter Inc is set to reintroduce a revamped version of its premium subscription service Twitter Blue on Monday, according to a tweet by the company. It will reportedly feature a…

The founder of the Taiwan Semiconductor Manufacturing Corporation, Morris Chang, says geopolitics is having profound effects on the semiconductor industry. Speaking at an event in Phoenix Arizona, where his firm…

Following a bruising year for stocks, Netflix is now getting rosy reviews from Wall Street analysts. Wels Fargo upgraded the stock on Friday, while Cowen increased their price target. Early…

Carvana continues its epic decline, and the months ahead do not show any signs of a turnaround. Now Jefferies analyst John Colantuoni has issued a note warning that the company…

On Friday, Axios reported that collapsed cryptocurrency exchange FTX secretly funded cryptocurrency news outlet the Block by routing operating funds to the outlet’s chief executive, according to sources familiar with…

RH (RH) CEO Gary Friedman gave a blunt assessment of the US Housing market’s pullback on the company’s latest earnings call. Talking with analysts, Friedman said, “It’s just a lot…