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Bitcoin prices have doubled in less than a month to more than $40,000. And while cryptocurrency bulls argue this stunning surge is justified, some on Wall Street are warning that this won’t end well. The recent rally may be another case of speculative mania. bitcoin looks like “the mother of all bubbles” according to Michael

Bad news was good news for Wall Street early Friday. Stocks rose at the opening bell to hit more new records — despite the fact that the United States government reported a surprise loss of 140,000 jobs in December. The hope was bad news would lead to more stimulus. But the Dow gave up its

President Donald Trump’s tweeting privileges have now been restored following Twitter’s temporary lock on his account this week for inciting what became a violent insurrection at the US Capitol. In his first tweet since being let out of the penalty box, Trump shared a video conceding that he will be a one-term president. But for

Digital security experts are raising the alarm over Wednesday’s breach of the US Capitol, which not only threatened lawmakers’ physical safety but also created potential national security and intelligence risks, they say. As rioters stormed the Capitol building, they broke into congressional offices, ransacked papers and in at least one case, stole a laptop, according

Apple is reportedly in talks with Hyundai about cooperating on electric cars. A partnership with the South Korean company makes a lot of sense, but it might not be the only carmaker keen to develop a relationship with the iPhone maker. This is not the first time Apple has been caught kicking the tires. Senior

Bad news is good news again on Wall Street. Stocks rose at the opening bell Friday to hit more new records — despite the fact that the United States government reported a surprise loss of 140,000 jobs in December. Why? The weak numbers highlight the need for more stimulus from Washington. The Dow, S&P 500

If you grew up in the 1990s, you might remember a trip to Olive Garden or Applebee’s as the highlight of your week. Those days are gone. Over the years, casual dining chains — known for table service, atmospheric dining rooms and long menus — lost their luster. And now, many are fighting for survival.

America’s job market recovery ground to a halt in December, making President-elect Joe Biden’s task to repair the economy that much harder. The US economy shed a staggering 140,000 jobs last month, the Bureau of Labor Statistics reported Friday — a far worse outcome than economists predicted. The unemployment rate remained flat at 6.7%, marking

America’s job market recovery ground to a halt in December, losing a staggering 140,000 jobs, the Bureau of Labor Statistics reported Friday — a far worse outcome than economists predicted. The unemployment rate remained flat at 6.7%, marking the first month that the rate hasn’t improved in seven months. The US economy is still down

Colonel Sanders is entering 2021 ready to rumble in the seemingly never-ending chicken sandwich wars. KFC is finally updating its fried chicken sandwich after finding itself playing catch-up against rival chains’ sandwiches in recent years. The aptly titled “KFC Chicken Sandwich” features an extra crispy chicken filet placed on a buttered brioche bun and topped

Boeing reached a $2.5 billion settlement with the Justice Department on Thursday to settle criminal charges that the company defrauded the Federal Aviation Administration when it first won approval for the flawed 737 Max jet. The plane was grounded by the FAA in March 2019 following two fatal crashes that killed 346 people. It was

Democrats are taking control of the Senate, breathing new life into President-elect Joe Biden’s economic agenda at a time America’s job market could really need the help. The job market recovery that began in May has run out of steam and economists predict the unemployment rate rose to 6.8% between November and December. It would

Elon Musk edged past Amazon founder Jeff Bezos to grab the title of world’s richest person, according to Bloomberg. A 6% rise in Tesla shares early Thursday lifted the value of its CEO’s stock holdings and options by $10 billion, taking his net worth to about $191 billion. A more modest rise of less than

Hyundai’s stock recorded its best day in at least two decades after the South Korean automaker was reported to be in early talks with Apple to develop self-driving electric cars. While nothing has been finalized, several media outlets reported Friday that Hyundai has confirmed that it is talking to Apple. The news was initially reported