Finance

Ferrari to release crypto token to let wealthy fans take part in 499P auction

How is Ferrari appealing to rich, young techies? Through a new crypto token, of course. Ferrari’s wealthiest fans will now be able to use the

Finance

Exxon and Chevron hike oil production despite global glut and see more ‘frontier exploration’

Big Oil leaders Exxon Mobil, Chevron, and Shell continue to hike their crude oil production volumes from West Texas’s Permian Basin to the Gulf of

Finance

From retail to tech, here are the 10 corporations that recently announced mass layoffs

Amid wider economic uncertainty, some analysts have said that businesses are at a “no-hire, no fire” standstill. That’s caused many to limit new work to only a

Finance

JPMorgan balks at legal tab for fraudsters and says Javice’s lawyers treat it ‘like a blank check’

For nearly three years, JPMorgan Chase has picking up the legal tab of Charlie Javice and Olivier Amar, the two convicted fraudsters who sold their

Finance

Crypto lost 1,000 jobs to AI since ChatGPT launched—but gained them back from other sectors, says a16z report

Ever since AI supplanted crypto as the shiny new toy in Silicon Valley, there’s been no shortage of jokes about workers jumping ship. New data

Finance

Trump says he is ‘not looking to destroy China’ after previously warning he could

President Donald Trump attempted to lower the temperature in the U.S.-China trade war as both sides wrangle over tariffs and export controls. In an interview

Finance

Pika, a new TikTok-like AI app, makes playful, creative short videos from just a few words

Welcome to Eye on AI, with AI reporter Sharon Goldman. In this edition…a TikTok-like AI video app that is built for Gen Z…Challenges renting San

Finance

Top analyst warns that ‘larger than expected correction is likely’ if Trump and China don’t kiss and make up

A top Wall Street analyst who has been predicting a “rolling recovery” after a mysterious, secretive “rolling recession” over the last three years has issued

Finance

Lay’s drastically rebrands after disturbing finding: 42% of consumers didn’t know they were made out of potatoes

Lay’s wants you to remember that it came from humble, homegrown beginnings. PepsiCo, which owns the chip giant, is giving the brand a makeover worthy of a

Finance

Hedge fund billionaire Paul Tudor Jones says 2025 is ‘so much more potentially explosive than 1999’ because of the way bull markets always end

Hedge fund billionaire Paul Tudor Jones, founder and CIO of Tudor Investment Corporation, has raised alarms about the state of financial markets in 2025, drawing