Business

As the price of leading cryptocurrency Bitcoin cools off, gaming tokens are among the worst-hit tokens over the last week, with one major game’s token dropping 40% during the span. After a broadly strong first half of the year for crypto, Bitcoin has dipped by nearly 6% over the past week to $66,830, while Ethereum has fallen a larger 10% to…

NASHVILLE, TENN. (WKRN) — “Neutral” — that’s how Zillow is labeling Nashville’s current housing market, but News 2 spoke with a local real estate expert who disagrees, saying Nashville’s market feels anything but neutral.  Zillow’s new rankings offer a snapshot of the top markets in the country, including which ones are good for…

SpaceX and its billionaire owner, Elon Musk, are being sued by eight former employees who allege they were fired after asking the company to address a toxic work culture they say is rife with sexual harassment and discrimination.The former employees say Musk encouraged an inappropriate work environment in the spacecraft company with his social…

55 Mins AgoMay's producer price index set for release ThursdayAnother inflation reading is due out on Thursday.The May producer price index is expected to have risen 0.1% last month, according to economists polled by Dow Jones. That is down from a 0.5% increase the prior month.— Sarah Min58 Mins AgoStocks making the biggest moves after hours…

Americans are getting the new Social Security payment The US Social Security Administration (SSA) announced a change in the amount of payments for retirees and disability beneficiaries starting in June 2024. This adjustment, expected by many, comes as a result of the COLA (Cost of Living Adjustment) increase that was…

Consumer price increases slowed notably in May, according to data released today, suggesting that inflation is easing again after proving stubborn earlier this year. Gasoline prices fell, car insurance prices dropped and so-called core inflation, which strips out volatile food and fuel prices, eased to 3.4 percent, its lowest level since April…

NEW YORK (AP) — It’s a familiar and agonizing experience for legions of New York City renters: before moving into a new apartment, a tenant must first shell out thousands of dollars in fees to a real estate broker, even if that person was hired by the landlord. The hefty one-time payments, known as broker…

Sean Zanni/Patrick McMullan via Getty Images When David Ellison’s Skydance made a play for Paramount last fall it was how and when (not if) Shari Redstone would tie the knot. Paramount and Skydance worked together. He valued the studio and its crown jewel of a backlot and planned to keep the company together. He was offering…

Small business owners are more optimistic than they’ve been throughout 2024 but they remain less optimistic than they have been historically. The NFIB Small Business Optimism Index rose 0.8 point to 90.5 in May, a figure that is the highest level of the year but is still below the historical average of 98, the NFIB said…

28 Mins AgoDoubleLine Gundlach says Fed's dot plot will show 2 cuts for 2024DoubleLine Capital CEO Jeffrey Gundlach believes the Federal Reserve's so-called dot plot will show a projection of only two rate cuts for this year, he said in an investor webcast Tuesday after the bell. That would be down from the previous forecast of three interest…