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2 mins read

US Fed cuts interest rates by 25 bps, Powell notes Trump's victory to have no impact on policy decisions

The US Federal Reserve cut interest rates for the second time this year, lowering them to 4.5-4.75%…

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2 mins read

The FTC is readying an investigation into Microsoft's cloud-computing business: report

The Federal Trade Commission, led by Lina Khan, had previously sought public feedback on Microsoft'…

Lakshmi Varanasi,Katie Balevic   


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3 mins read

Matt Gaetz has a history of going after Big Tech. As Trump's attorney general he'd be tasked with enforcing antitrust laws.

Matt Gaetz has railed against Big Tech companies. If he becomes Trump's attorney general, he'd have…

Erin Snodgrass,Kelsey Vlamis   


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2 mins read

Netflix, Hulu, and Amazon Prime Video subscribers are hitting 'pause' instead of canceling altogether

"Pausers" are people who temporarily quit a streaming service only to rejoin later. I admit to doin…

Katie Notopoulos   


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2 mins read

Banks and the federal government point fingers as Americans lose billions to online scams

Banks and the federal government are debating the best way to address rampant online scams, which h…

Kenneth Niemeyer   


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6 mins read

Healthcare investors are torn on Trump's second term

Healthcare investors are desperate for big returns in a second Trump term. But his health policy pr…

Rebecca Torrence   


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5 mins read

Silicon Valley is betting a Musk-inspired Trump could unleash a startup boom

Silicon Valley anticipates growth with Trump's election and Elon Musk's support, expecting deregula…

Samantha Stokes,Riddhi Kanetk…   


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5 mins read

Silicon Valley is officially grieving over Trump but quietly gleeful over a coming tech deal resurgence

As Trump's win stirs uncertainty in Silicon Valley, tech investors weigh regulatory shifts, a chang…

Melia Russell,Rebecca Torrenc…   


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1 min read

How a teenager used a spoof cell tower to steal personal information from thousands of people

Police in New Zealand say they caught a teen carrying out a massive "smishing" scam using a device …

Kenneth Niemeyer   


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2 mins read

Amazon just won a partial victory against the FTC

In a sealed order, a federal judge ruled the FTC can pursue some claims against the e-commerce gian…

Shubhangi Goel   


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2 mins read

Jamie Dimon is the latest CEO to weigh in on RTO — this time, for DC federal workers

JPMorgan's Jamie Dimon became the latest CEO to weigh in on RTO, saying that federal workers in Was…

Alex Bitter   


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2 mins read

US sting operation catches crypto firms 'wash trading' to boost token values

Federal prosecutors set up a fake company to bust four crypto market makers, who they say artificia…

Kelly Cloonan   


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5 mins read

Will Caroline Ellison get jail time for her role in the $11 billion FTX fraud scheme? Here's what the judge must weigh.

Caroline Ellison likely won't do time for her role in FTX's collapse, ex-prosecutors say, though th…

Jacob Shamsian   


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2 mins read

FTC chair Lina Khan explained how Americans lost their privacy protections to Big Tech

FTC Chair Lina Khan said in a "60 Minutes" interview that hundreds of acquisitions by Big Tech play…

Lloyd Lee   


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5 mins read

Google's monopoly drama should have Apple, Meta, and Amazon nervous

Tech analysts and legal experts weigh in on what a ruling that Google is a "monopolist" means for B…

Ana Altchek,Jacob Shamsian   


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2 mins read

Zelle says it's up to the police to stop scams

Lawmakers say reimbursements for Zelle users who disputed payments have decreased, and this week ca…

Kenneth Niemeyer   


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2 mins read

Big Tech reform is coming from the courts, not Congress. Is that good?

Politicians make a lot of noise about taking on Big Tech giants like Alphabet CEO Sundar Pichai. In…

Peter Kafka   


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2 mins read

Harris wants to lower grocery prices with a 'first-ever' federal ban on unfair costs for everyday goods

Vice President Kamala Harris proposed a ban on price gouging on food and groceries as Trump continu…

Ayelet Sheffey   


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2 mins read

Adobe executive compared early termination fees to heroin for the company: court docs

Last month, US regulators sued Adobe, accusing the company of violating federal laws designed to pr…

Natalie Musumeci   


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2 mins read

Cameo was once valued at $1 billion. Now it's so broke it can't pay a $600,000 fine.

In 2021, Cameo reached a $1 billion valuation, but it has since fallen on hard times, according to …

Jacob Shamsian,Jack Newsham