Most bitcoin investors don’t have a tax-free savings account or pension, and are far more unwilling to lose money on their investment than the volatility in crypto assets would suggest they should, according to new research.
Tesla’s disclosure that it has purchased $1.5 billion of bitcoin has had the effect of sending the estimated electricity consumption of the cryptocurrency to new levels.
‘We had been planning on eventually purchasing a home together, so the plan was that he would put his inheritance in a savings account for the eventual down payment on the home.’
Nasdaq Inc. and the New York Stock Exchange sued the Securities and Exchange Commission to block the regulator’s plan to overhaul the public data feeds that broadcast stock prices to investors.
Former NFL quarterback Colin Kaepernick is the latest to create of a special purpose-acquisition company, seeking to raise up to $287.5 million in an initial public offering.
Salesforce.com Inc. plans for most of its employees to work remotely part or full time after the pandemic and to reduce its real-estate footprint as a result, a top executive said, showing COVID-19’s lasting impact on how companies manage their workforces.
The U.S. Chamber of Commerce on Tuesday named Suzanne Clark as its new chief executive, succeeding retiring CEO Thomas Donohue, who has led the organization since 1997.
Networking giant Cisco Systems Inc. is looking for slight revenue growth next quarter, which would be its first growth since November 2019, but some of its core equipment businesses are still hurting from the pandemic.
A pullback for the Dow Jones Industrial Average and the S&P 500 index on Tuesday halted the longest win streak for stocks in months but a major concern for investors remains: is there a major correction looming ahead?
As the world grappled with COVID-19, a recession and a racial reckoning, the ultrawealthy gave to a broader set of causes than ever before — bestowing multimillion-dollar gifts on food pantries, historically Black colleges and universities and organizations that serve the poor and the homeless, according to the Chronicle of Philanthropy’s annual rankings of the 50 Americans who gave the most to charity last year.
President Biden wants to expand broadband to every American under his infrastructure plan. Here’s how much it could cost to hook up far-flung communities, schools, hospitals and businesses with adequate, high-speed access.