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PayPal kicks off fintech earnings as investors fear impact of Trump tariffs on consumer spending

PayPal kicks off fintech earnings as investors fear impact of Trump tariffs on consumer spending

FILE PHOTO: A smartphone with the PayPal logo is placed on a laptop in this illustration taken on July 14, 2021.  Dado Ruvic | Reuters PayPal, Block and Affirm are all closely tied to the health of the consumer, which has investors on edge headed into their earnings reports. Markets broadly have been jittery to […]

PayPal kicks off fintech earnings as investors fear impact of Trump tariffs on consumer spending Read More »

Elon Musk’s xAI Holdings in talks to raise  billion, Bloomberg News reports

Elon Musk’s xAI Holdings in talks to raise $20 billion, Bloomberg News reports

The X logo appears on a phone, and the xAI logo is displayed on a laptop in Krakow, Poland, on April 1, 2025. (Photo by Klaudia Radecka/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Elon Musk’s xAI Holdings is in discussions with investors to raise about $20 billion, Bloomberg News reported Friday, citing

Elon Musk’s xAI Holdings in talks to raise $20 billion, Bloomberg News reports Read More »

Trump’s memecoin dinner contest earns insiders 0,000 in two days

Trump’s memecoin dinner contest earns insiders $900,000 in two days

WASHINGTON – President Donald Trump and his allies have raked in nearly $900,000 in trading fees over the past two days from the president’s $TRUMP cryptocurrency token, according to Chainalysis, a blockchain data company.  The surge came after a Wednesday announcement in which the top 220 holders of the token were promised dinner with the

Trump’s memecoin dinner contest earns insiders $900,000 in two days Read More »

Trump meme coin insiders have to wait additional 90 days before they can sell

Trump meme coin insiders have to wait additional 90 days before they can sell

A cartoon image of US President-elect Donald Trump holding a Bitcoin token to mark the cryptocurrency reaching over $100,000 displayed at a Coinhero store in Hong Kong, China, on in Hong Kong, China, on Thursday, Dec. 5, 2024.  Justin Chin | Bloomberg | Getty Images WASHINGTON — President Donald Trump will have to wait another

Trump meme coin insiders have to wait additional 90 days before they can sell Read More »

Trump dinner for meme coin buyers prompts senators to demand ethics probe

Trump dinner for meme coin buyers prompts senators to demand ethics probe

People walk past an advertisement feature Donald Trump with Solana, XRP, USDC Bitcoin in Hong Kong.  May James | Sopa Images | Lightrocket | Getty Images WASHINGTON — Senators Adam Schiff and Elizabeth Warren are warning that President Donald Trump’s private dinner with holders of his meme coin may constitute “pay to play” corruption, and

Trump dinner for meme coin buyers prompts senators to demand ethics probe Read More »

California is overhauling its self-driving vehicle regulations

California is overhauling its self-driving vehicle regulations

Waymo self-driving cars with roof-mounted sensor arrays traveling near palm trees and modern buildings along the Embarcadero, San Francisco, California, February 21, 2025.  Smith Collection/gado | Archive Photos | Getty Images New rules for testing and deployment of self-driving vehicles are on the way in the state of California. The California DMV announced on Friday

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Intel CFO says tariffs increase chance for economic slowdown, recession getting likelier

Intel CFO says tariffs increase chance for economic slowdown, recession getting likelier

The Intel headquarters in Santa Clara, California, US, on Wednesday, April 23, 2025. Intel Corp. is scheduled to release earnings figures on April 24. David Paul Morris | Bloomberg | Getty Images Intel CFO David Zinsner said President Donald Trump’s tariffs and retaliation from other countries has increased the likelihood of a recession. “The very

Intel CFO says tariffs increase chance for economic slowdown, recession getting likelier Read More »

Meta lays off employees working on virtual reality in Reality Labs division

Meta lays off employees working on virtual reality in Reality Labs division

Meta CEO Mark Zuckerberg presents Orion AR Glasses as he makes a keynote speech during the Meta Connect annual event at the company’s headquarters in Menlo Park, California, on Sept. 25, 2024. Manuel Orbegozo | Reuters Meta has laid off employees in its Reality Labs division that is tasked with developing virtual reality, augmented reality

Meta lays off employees working on virtual reality in Reality Labs division Read More »

Intel issues weak guidance, says it will slash expenses this year

Intel issues weak guidance, says it will slash expenses this year

The Intel headquarters in Santa Clara, California, US, on Wednesday, April 23, 2025. Intel Corp. is scheduled to release earnings figures on April 24. David Paul Morris | Bloomberg | Getty Images Intel reported first-quarter results on Thursday that beat analysts’ estimates, while issuing disappointing guidance and announcing plans to slash operational and capital expenses

Intel issues weak guidance, says it will slash expenses this year Read More »

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