In the first six months of 2022, the world’s 500 richest billionaires lost an estimated $1.4 trillion, led by Elon Musk, who lost $62 billion, and Jeff Bezos, who lost…

Supply chains are under threat once again, as a critical west coast dockworkers union contract expired on Friday, and the union and the U.S. West Coast Ports look to come…

Voyager Digital, the Canadian crypto brokerage, has suspended all deposits, withdrawals, trading, and loyalty rewards by its customers. The move comes after the brokerage delivered a notice of default to…

Cruise stocks continued a terrible week on Thursday. It appears not only is the broader market’s decline weighing them down, but as the economy begins to slow and demand declines,…

Meta, the parent of Facebook, sent an internal memo to employees warning them that the company faces hard times ahead in the second half of the year, as it faces…

As the S&P 500 has dropped more than 20% in the first half alone putting us well into a bear market, inflation is at a 40 year high, consumer sentiment…

In an earnings call with analysts, Memory chip maker Micron said it expects to see meaningfully lower sales than had been expected, due to softening consumer demand as the economy…

American Airlines is offering its pilots pay raises of about 17% under a new contract, according to CEO Robert Isom. The proposal to the pilots’ union, the Allied Pilots Association,…

BlockFi is being picked up for pennies on the dollar by FTX in a firesale set off by the crypto-winter Three sources said the papers are expected to be signed…

A retail startup founded by a former Apple Executive,  filed for bankruptcy less than a year after going public through a merger with a blank-check company. Enjoy Technology Inc., founded…