Money

Stimulus checks from President Joe Biden’s huge relief package, enacted last week, are just making their way out the door. But Wall Street is already looking ahead to his administration’s next priority: infrastructure. “The $1.9 trillion stimulus has been adopted without much ado and the Biden administration has now set its sight on a big

The various Covid-19 vaccines currently being distributed around the globe have the potential to end the worst pandemic in a century. They also will mean hundreds of billions dollars in sales for the pharmaceutical companies that make them. Despite being priced at less than $20 per dose, Pfizer expects sales of the vaccine it developed

Elon Musk is not your typical CEO. Now he has a new title to prove it. In a filing with his least favorite regulator, the Securities and Exchange Commission, on Monday, Tesla disclosed that Musk is adding the title of “Technoking of Tesla.” It also said that Chief Financial Officer Zach Kirkhorn had taken on

Oprah Winfrey’s bombshell interview with Prince Harry and Meghan, Duchess of Sussex, attracted a blockbuster audience when it was broadcast in the United Kingdom on Monday. The 110-minute interview on ITV attracted an average of 11.1 million viewers between 9 p.m. and 11 p.m., according to the broadcaster. Viewership peaked at more than 12.4 million

Prominent journalists in the United Kingdom have dismissed claims by one of their own industry bodies that the British press does not have a problem with racism. The objections, including a rebuke from the Guardian newspaper, come after the Society of Editors rejected allegations made by Prince Harry that racism had played a role in

Tesla has expanded its “full self-driving” software to roughly 2,000 Tesla owners, but some drivers were revoked access for not paying close enough attention to the road, according to Tesla CEO Elon Musk. “FSD Beta has now been expanded … we’ve also revoked beta where drivers did not pay sufficient attention to the road, Musk

Treasury Secretary Janet Yellen said she didn’t think inflation posed a significant risk now that the Biden administration’s covid relief is signed and on its way to implementation. Prominent economists including Larry Summers have warned, in part, that the bill could impact financial stability and lead to unprecedented inflationary pressure. “Policymaking is about identifying and

Excitement around 5G, and its promise of lightning fast download speeds and huge data capacity, has ratcheted up since the first 5G-enabled iPhone was released last fall. But the actual experience of 5G doesn’t always live up to the hype — not yet, at least. This is partly because there’s been a lack of available

Bitcoin prices continue to skyrocket. The cryptocurrency surpassed $60,000 on Saturday to hit a new high, just a few weeks after it topped $50,000. Bitcoin smashed through the $30,000 and $40,000 levels over a few days in January. Bitcoins in circulation are worth more than $1 trillion. Bitcoin prices have more than doubled so far

When Subhakar Khadka immigrated to California seven years ago, he had his sights set on a simple life with simple goals: Earn a living so that his family in Nepal can join him in the United States. But to make his dream a reality, he became an Uber driver, and he’s had to handle some

Elizabeth Holmes, the founder of failed biotech company Theranos, is pregnant — a new development that could once again delay the start date of her highly-anticipated criminal fraud trial. Holmes, whose company had purported to have revolutionized blood testing and was once valued at $9 billion, was indicted on federal wire fraud charges in June

Amazon CEO Jeff Bezos will not be testifying before the Senate Budget Committee on Wednesday, according Mike Casca, a spokesman for Senator Bernie Sanders, the chair of that committee. The company told the panel Friday that the Amazon founder is unable to attend next week’s hearing on inequality, Casca told CNN. In a statement, the