Money

Blue Origin, the Jeff Bezos-backed space tourism venture, will soon begin selling tickets for its rocket. The company made the announcement in a nearly minute-long video featuring Bezos himself. It points people to Blue Origin’s website, which features a sign-up page for more information scheduled to be released May 5. Neither price nor dates were

In the market for a new car, smartphone or washing machine this year? A global shortage of computer chips could mean you have to wait a while and pay more. A growing number of manufacturers around the world are having trouble securing supplies of semiconductors, delaying the production and delivery of goods and threatening to

Shake Shack has emerged as one of the most diverse employers in America after hiring more than 1,000 people in 2020. But the premium burger chain’s executive management team is also one of the least diverse in the fast food industry, which for years has been criticized for pervasive racial disparities between its disproportionately Black

America is on the path to recovery and economic growth is rampant. But the pandemic recession has been severe and we’re still not done growing our way out of it. US gross domestic product — the broadest measure of economic activity — grew at an annualized pace of 6.4% in the first three months of

The Biden bust that the Trump campaign warned of has morphed into a Biden boom. The S&P 500 is up 8.6% since the market close on January 20, the final day of the Trump presidency. That means President Joe Biden is on track for the strongest stock market performance during a new president’s first 100

Shake Shack has emerged as one of the most diverse employers in America after hiring more than 1,000 people in 2020. But the premium burger chain’s executive management team is also one of the least diverse in the fast food industry, which for years has been criticized for pervasive racial disparities between its disproportionately Black

Even America’s biggest company can’t save itself from a global shortage of crucial computer chips. What’s happening: Apple just had a massive quarter thanks to sales of new iPhones, iPads and MacBooks, with revenue nearly hitting $90 billion. Sales of iPhones reached nearly $48 billion, a 65% increase over the same quarter last year, as

America is emerging from the worst of the pandemic, and that will mean some eye-popping figures when the government releases economic growth data Thursday. But the big jump — fueled by resurgent consumer spending after a year in lockdown — will still be starting from a deep hole. Economists predict that the US economy grew

Last Wednesday, Hong Kong journalist Bao Choy was honored for her investigative work. The following day, she was convicted for it. In essence, Choy was prosecuted for ticking a box: She had used a government registry to trace license plates connected to a mob that had attacked pro-democracy protesters in a subway station in 2019.

Amazon has announced that it will raise wages for more than 500,000 workers — but it’s not planning to increase its $15 per hour minimum wage. In light of a current effort to hire for tens of thousands of jobs across its customer, fulfillment, delivery, package sortation and fulfillment, Amazon moved up its annual fall

Since Facebook paid a whopping $19 billion to buy WhatsApp in 2014, investors have wondered how it will cash in on the acquisition, especially after the company walked back a controversial plan to sell ads on the app. On Wednesday, the company finally provided some details on how it’s using WhatsApp to drive ad sales

Apple’s steady stream of hardware upgrades and new services launched throughout the pandemic has held the company in good stead going into 2021. The company on Wednesday reported revenues of $89.6 billion and a profit of $23.6 billion for the three months ending March 27, blowing past analyst forecasts. The company also authorized a $90

Microsoft is changing its default font for the first time in nearly 15 years, and it wants your help selecting the new one. And no, you can’t vote for the goofy options like Comic Sans, Windings or — heaven forbid — Papyrus. The company has commissioned five new custom typefaces to replace Calibri, a workhorse

Ford posted a much better first quarter than Wall Street was expecting. But it warned that the computer chip shortage that has dogged automakers will get worse before it gets better. The chip shortage will likely reduce Ford’s 2021 production by about 1.1 million vehicles and cut its profit by about $2.5 billion, the upper

Apple’s steady stream of hardware upgrades and new services launched throughout the pandemic has held the company in good stead going into 2021. The company on Wednesday reported revenues of $89.6 billion and a profit of $23.6 billion for the three months ending March 27, blowing past analyst forecasts. Apple shares surged more than 3%

The Federal Reserve said Wednesday the US economy is growing stronger, but it left interest rates unchanged near zero. Interest rates will stay the range of zero to a quarter of a percent until the Fed’s goal of maximum employment and inflation of about 2% over the longer term. To ensure the economy stays on

The Federal Reserve said Wednesday the US economy is growing stronger, but it left interest rates unchanged near zero. Interest rates will stay the range of zero to a quarter of a percent until the Fed’s goal of maximum employment and inflation of about 2% over the longer term. To ensure the economy stays on