Treasury Secretary Janet Yellen on Thursday said the economy needs a large stimulus package to get back on track to the pre-Covid level. Yellen told CNBC that the $1.9 trillion proposal would be...
Dogecoin prices surged for a few weeks after Elon Musk endorsed it briefly, then he turned around and invested heavily in Bitcoin. As a result, some Dogecoin holders felt mislead and the Dogecoin pric...
The United States and China may seem to be the worst of enemies as both economies struggle for world power. With the ongoing trade war between both nations and high import taxes, both economies fail t...
Chipmaker Nvidia on Thursday announced that it is working on releasing a new series of semiconductors for mining ethereum, the second-largest cryptocurrency after Bitcoin.The new chip is called Crypto...
US President Joe Biden has ruled out canceling the proposed $50,000 in student debt cancellation. Instead, he says $10,000 in student loan forgiveness per student is more considerable.“I will not ma...
Credit Suisse on Thursday reported a net loss of 353 million Swiss francs ($392.8 million) for the fourth quarter of 2020.The bank’s fourth-quarter report was better-than-expected although it had a ...
Warren Buffet’s Berkshire Hathaway (BRK) announced on Tuesday that it acquired an $8.6 billion stake in Verizon Communications (VZ) and $4.1 billion worth of shares in Chevron Corp. (CVX), according...
Ford on Wednesday unveiled its plans to target “all-electric” passenger vehicles by 2030. The automaker also said it will invest $1 billion in an EV production plant in Cologne, Germany to show it...
Elon Musks space travel company SpaceX recently completed a raise of $850 million placing the company’s valuation at nearly $74 billion, sources familiar with the matter told CNBC.SpaceX raised the ...
Morgan State University is introducing a new degree minor – African American and African Diaspora (AAAD)—to meet demand in ethnic studies, according to the educational institution.“Amid a growin...