The start of the year was plagued by waves of layoffs: through the end of May, companies announced plans to cut 417,500 jobs, up 315% from the same period last year, according to Challenger, Gray & Christmas. Big names including Disney, Google, Lyft and Meta were among those announcing cuts…

Gannett, the largest newspaper publisher in the United States, is suing Google, alleging the tech giant holds a monopoly over the digital ad market. The publisher of USA Today and more than 200 local publications filed the lawsuit in a New York federal court on Tuesday, and is seeking unspecified…

Watch full video on YouTube

A Reddit post shows “Binance Ltd” as well as some 2,400 other companies, use a small Suffolk Building as a registered office address in the UK. In a Monday post on the r/Buttcoin subreddit, user solanawhale shared the address of a so-called “utility closet” that a firm called Binance Ltd uses as a…

It’s OK to pass on distressed stock opportunities. Not everything is a “buy” just because it’s down or because it appears cheap. That was our take the last time around when we covered Dream Office (TSX:D.UN:CA). While we recognized the phenomenal efforts made by management to turn this around, we…

A submersible vessel that has gone missing in the north Atlantic ocean has about 40 hours of oxygen left, according to the US coast guard, as search and rescue crews race to track it down.The vessel went missing on Sunday morning during a dive to view the wreckage of the…

Bash calls reaction from Hunter Biden legal team ‘striking’ CNN legal analyst Carrie Cordero and Dana Bash discuss Hunter Biden, who will plead guilty to two tax misdemeanors, the Justice Department said in court filings. He also struck a deal with federal prosecutors to resolve a felony gun charge. Read…

U.S. stocks fell Tuesday, trimming last week’s gains which took indexes to the highest levels in more than a year, as investors await testimony from Federal Reserve chair Jerome Powell to Congress this week as data suggests the economy remains healthy. How stocks are trading The Dow Jones Industrial Average…

The Federal Reserve has left the door open for two more interest rate hikes this year, but most of the pain could be over for the housing market. The 10-year Treasury yield, with which mortgage rates often move, was little-changed after the Fed’s decision on June 14 to hold off…

While it may halt the rise of many credit-card rates for now, the rates for some cards might still rise as some issuers pass on the previous Fed rate hikes, credit-card industry watchers say. “The high credit-card interest rates consumers are currently seeing are going nowhere anytime soon,” said Michele…