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1 min read

Xiaomi shuts Mi Financial Services in India to focus on core biz services

Global technology brand Xiaomi on Friday said it has closed the Mi Financial Services in India as p…

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2 mins read

Affirm sinks after Apple announces its own buy-now-pay-later option at WWDC event

Apple Pay Later is fully integrated into Apple's digital wallet and allows its users to pay back an…

Matthew Fox   


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2 mins read

Affirm tumbles 10% after the buy-now-pay-later fintech's Twitter blunder revealed details of its earnings early

The fintech's shares went on a ride and its results were released early after a now-deleted tweet s…

Shalini Nagarajan   


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6 mins read

Advocates say Latinas who make less than their white colleagues are 'screaming into the void' on Equal Pay Day

Latinas still make less than white men. This Latina Equal Pay Day, here's what experts say can be d…

Gwen Aviles   


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2 mins read

Nikola agrees to pay $125 million to settle SEC charges the electric truck maker defrauded investors

Nikola said last month it had set aside that amount in anticipation of a potential settlement with …

Carla Mozée   


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1 min read

Cryptocurrency mining heavyweight dumped 79% of its bitcoin holdings to pay debts and maintain liquidity

Core Scientific unloaded most of its bitcoin in June while the crypto slumped. The company said it …

Brian Evans   


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2 mins read

Oil shippers are hiding Russian cargoes by paying in Chinese yuan, exchanging weapons for crude, and 'going dark'

Carriers can easily mask the origins of Russian oil shipped to sanctions-averse buyers, sparking co…

Zahra Tayeb   


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2 mins read

Oil shippers are hiding Russian cargoes by paying in Chinese yuan, exchanging weapons for crude, and 'going dark'

Carriers can easily mask the origins of Russian oil shipped to sanctions-averse buyers, sparking co…

Zahra Tayeb   


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2 mins read

Affirm could rise 18% as consumers plan to step up use of buy now, pay later services, Bank of America says

A survey by the bank showed 54% of users plan to use buy now, pay later eight or more times over th…

Carla Mozée   


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1 min read

Affirm soars 20% with Target adding the buy-now, pay-later service as an option for customers

Affirm stock has more than doubled since the fintech loan company debuted on the Nasdaq in early 20…

Carla Mozée   


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1 min read

Hedge funds may have to disclose executive-pay votes under SEC plan

The proposal has been in the pipeline for over a decade due to resistance from other investment fir…

Isabelle Lee   


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1 min read

Top Indian firm pays for Russian coal in yuan and traders say more buyers could turn to China's currency

"I have never heard any Indian entity paying in yuan for international trade in the last 25 years o…

Phil Rosen   


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1 min read

Russia says it will use rubles to pay dollar bonds after the US ended a sanctions waiver

Russia is staring down an "artificial situation created by an unfriendly nation," Finance Minister …

Phil Rosen   


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1 min read

US gas prices hit a record high as 10 states pay $5 or more per gallon

The average gallon of gas today is up 59% compared to one year ago, according to AAA. Now, 10 state…

Phil Rosen   


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1 min read

Tim Cook nets $355 million after selling Apple shares worth $750 million he received in a performance payout

Apple's stock price has soared under CEO Tim Cook's watch, triggering hundreds of millions of dolla…

Harry Robertson   


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2 mins read

Zahra Tayeb   


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2 mins read

US gas prices hit a new record high as more states pay $5 or more per gallon

Drivers in California, Illinois, Oregon, Nevada, Alaska, Hawaii, and Washington are paying more tha…

Phil Rosen   


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1 min read

FuboTV jumps 18% after beating earnings forecasts and boosting subscriber-growth outlook

The sports-centered service now expects to end 2021 with 910,000 to 920,000 subscribers.

Carla Mozée   


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3 mins read

The SEC is trying to reshape the US stock market - but that could mean retail investors will have to start paying fees on trades again

SEC Chairman Gary Gensler is proposing changes in how trades by retail investors are handled. That …

Carla Mozée   


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1 min read

Coinbase now lets crypto buyers use Apple Pay - and they can cash out up to $100,000 at a time

US customers who have a Visa or Mastercard linked to their Apple wallet will be able to make paymen…

Shalini Nagarajan