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2 mins read

23andMe appoints new board members as it works to stem the company's slide

23andMe has appointed three new independent directors to its board.

Lauren Edmonds   


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2 mins read

Bitcoin's slide under $58,000 could mark a bigger correction to come, analyst says

Bitcoin fell below $58,000 on Thursday as selling pressure keeps pushing investors out. The drop si…

Filip De Mott   


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2 mins read

Warren Buffett's $168 billion cash pile signals he expects stocks to slide and a recession to strike, says top economist Steve Hanke

Warren Buffett's Berkshire Hathaway increased its cash hoard by $60 billion in 15 months, suggestin…

Theron Mohamed   


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3 mins read

NYCB's slide sparks fears of more banking and commercial real estate turmoil

NYCB stock plunged 60% in five days after disappointing earnings and a Moody's downgrade triggered …

Theron Mohamed   


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1 min read

Block slides as drop in bitcoin revenue dents 2nd-quarter earnings for the Cash App parent

Bitcoin's price dropped by nearly 60% during the second quarter but has recovered slightly to trade…

Carla Mozée   


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1 min read

Oil prices slide 5% amid skepticism the debt-ceiling deal holds

"Oil prices remain stuck while awaiting the response from Congress on the debt ceiling deal," Saxo …

Carla Mozée   


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1 min read

Elon Musk says Twitter is still losing money due to 'heavy debt' and sliding advertising revenues

The Twitter CEO said advertising revenue had halved and the company's debt load was keeping cash fl…

Ryan Hogg   


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2 mins read

US stocks slide as Washington lacks movement on reaching a debt-ceiling agreement

Investors were anxious Tuesday with no word on a debt-ceiling deal. "It's a slow walk," Rep. Patric…

Carla Mozée   


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Bitcoin and ether slide for a second day, weighing on altcoins, as investors cash in on crypto record highs

Bitcoin dipped below $59,000, while ether neared $4,000, as investors sold cryptocurrencies for a s…

Camomile Shumba   


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6 mins read

Millennials are desperate to buy a home but cash-flush boomers are standing in their way

Sorry, millennials: For the first time in a decade, baby boomers represent the largest share of hom…

James Rodriguez   


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2 mins read

US house prices may slide as their recent strength and steeper mortgage rates hit demand, Wharton professor Jeremy Siegel says

Jeremy Siegel warned house prices could head lower as mortgage rates tick upward, and hailed a "tru…

Theron Mohamed   


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Matthew Fox   


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1 min read

First Republic shares slide 25% even after Wall Street's white knights promise a $30 billion rescue

Shares in embattled First Republic Bank slid 25% early Friday despite a $30 billion lifeline from 1…

Karen Friar   


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1 min read

Nio slides 6% on 60 million share offering, joining Tesla to cash in on demand for EV stock

Nio said it would use the funds raised from the offering for research and development initiatives a…

Matthew Fox   


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2 mins read

US stocks slide for 3rd straight day after hawkish shock from Fed overpowers progress on inflation

"I think the Fed is making a terrible mistake. Their dot plot is way too tight," Jeremy Siegel said…

Matthew Fox   


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Block slides 20% after short-seller Hindenburg says 2-year investigation indicates the company has 'wildly overstated' genuine user counts

Hindenburg said its two-year investigation into Block found the company "obfuscates" how many indiv…

Carla Mozée   


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2 mins read

Cash-strapped home sellers and buyers are getting much-needed relief with four weeks of mortgage rate drops

More homebuyers are returning to the market as lower mortgage rates give them more purchasing power…

Alcynna Lloyd   


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1 min read

Elon Musk's net worth falls back under $200 billion after Tesla shares slide to a 1-year low

Tesla CEO Elon Musk's wealth has dropped by more than $74 billion since he announced his bid to tak…

George Glover   


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3 mins read

Rolex Daytona prices continue to slide on the resale market as the crypto crash wipes out wealth of newer collectors

Resale prices for the most popular variant of the Cosmograph fell 16% from their peak in April, but…

Dominick Reuter   


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2 mins read

Kevin O'Leary says stocks are gearing up for likely 8% return this year as consumers are flush with cash and the economy heads for a soft landing

A recession? In this economy? "I've got 54 companies that are private that are just killing it," Ke…

Carla Mozée