Shares of Microsoft Corp. MSFT, -3.09% slumped 0.67% to $333.68 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, -0.38% rising 0.24% to 4,283.85 and the Dow Jones Industrial Average DJIA, +0.27% rising 0.03% to 33,573.28. The stock’s…

Sotheby’s is selling 37 works of digital art once owned by the defunct Singapore cryptocurrency hedge fund Three Arrows Capital in a live auction next week in New York.  “Grails,” as the collection is titled, includes several works of digital art created by pioneering generative artists, including Dmitri Cherniak, Tyler Hobbs,…

I think about money through the same lens that I think about everything else. It starts with hard work, discipline, and applying yourself in whatever you choose to do so that you are able to build value in yourself and in what you bring to an organization. That value in…

The Federal Reserve should take a break from raising interest rates, after moving them up at each of the last ten meetings, said Philadelphia Fed President Patrick Harker on Wednesday. “I am in the camp increasingly coming into this meeting thinking that we really should skip, not pause, but skip…

© Reuters. FILE PHOTO: A man walks past an electric monitor displaying Nikkei share average and the Japanese yen exchange rate against the U.S. dollar outside a brokerage in Tokyo, Japan May 2, 2023. REUTERS/Issei Kato By Lawrence White and Koh Gui Qing NEW YORK/LONDON (Reuters) – World stocks and…

By Florence Tan SINGAPORE (Reuters) – A global shortfall in supply is set to deepen in the third quarter as the world’s top exporter Saudi Arabia pledged extra output cuts from July in a move likely to push towards $100 a barrel by the end of the year, analysts said.…

Investing.com — Most Asian currencies advanced on Thursday, while the dollar inched lower tracking comments from Federal Reserve officials touting a potential pause in the rate hike cycle in June.  Markets were also somewhat encouraged by the U.S. House of Representatives voting in favor of a bill to raise the…

By Doyinsola Oladipo and Bianca Flowers NEW YORK (Reuters) – U.S. hotel executives say they are betting on brands that specialize in extended stays for travelers, viewing those projects as less risky given the struggle developers face in securing financing for new construction. Hotel room supply in the United States…

In the movie “Moneyball,” Oakland A’s General Manager Billy Bean uses an innovative strategy called “sabermetrics” to catapult his underachieving baseball team to success. Bean is introduced to sabermetrics by Peter Brand (played in the film by Jonah Hill), an assistant who has mastered a series of calculations that allow…

Crypto’s nightmarish 2022 exposed the weak underbelly of many supposed blue chips in the sector. As the industry seeks to rebuild, firms focused on core infrastructure and analytics will lead the way. Reported by Nina Bambysheva, Michael del Castillo, Steven Ehrlich, Maria Gracia Santillana Linares and Javier Paz By almost…