Money

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

Toyota is planning to offer a new, large SUV with three rows of seats, and will add 1,400 jobs to an Indiana plant in order to build it. The still-unnamed vehicle will have both a Toyota version and a Lexus version, the company said. The announcement of the plans, the new jobs and an $800

Microsoft had another blowout quarter, a massive acquisition and a noteworthy investment in Georgia, which just passed a controversial bill that restricts voting rights for minorities. The company also announced a major initiative to help disabled people get jobs. First Move’s Julia Chatterley spoke to Brad Smith, Microsoft’s president, about the company’s news Wednesday. Digital

America can’t get enough chicken sandwiches. That’s great news for KFC, which launched a new one earlier this year. KFC’s parent company Yum Brands said Wednesday that the sandwich — which is made with an extra crispy chicken filet on a buttered brioche bun with pickles and spicy or classic mayonnaise — has been a

Google CEO Sundar Pichai said it has been “heartbreaking” to witness the pandemic’s devastating impact on India, which is experiencing the world’s worst outbreak of the coronavirus. In an exclusive interview with CNN’s Poppy Harlow Wednesday, Pichai discussed the unfolding situation, how his company is responding and what others can similarly do to lend support.

Tesla’s $1.5 billion bitcoin bet from early this year had already increased in value by more than $1 billion by the end of last month. The company disclosed in February that it used some of its available cash to invest $1.5 billion in bitcoin. Tesla on Monday reported a record quarterly profit, disclosing it had

President Joe Biden has a lot on his plate right now. But he’ll soon need to make an important decision about the future of the Federal Reserve — a choice that will help shape his administration’s economic policy in the coming years. Current Fed chair Jerome Powell’s four-year term as the head of the central

Samsung is bringing some of the strengths of its flagship Galaxy smartphones over to its notebook line. The company announced on Wednesday four mobile-first PCs that combine the power of a laptop with the responsiveness of its smartphones: the Galaxy Book, Galaxy Book Pro, Galaxy Book Pro 360 and Galaxy Book Odyssey, all of which

UK media outlets from across the political spectrum are engaged in an unusually direct confrontation with Prime Minister Boris Johnson over incendiary comments he allegedly made about the coronavirus pandemic. The right-leaning tabloid The Daily Mail was first to report that the prime minister said last October that he would rather see “bodies pile high

Spotify CEO Daniel Ek is standing behind and promoting his company’s top podcast host, Joe Rogan, even after Rogan spread anti-vaccine misinformation on-air. Rogan said in a recent episode of his podcast, “The Joe Rogan Experience,” that healthy young people should not get the Covid vaccine, a statement that stands in contrast to all credible