Category: Economy & Business

Updates on the economy, business, Wall Street news, currency and more.

Japan Airlines Crew Repeats Landing Clearance Moments Before Collision, Revealed in Audio

Japan Airlines Crew Repeats Landing Clearance Moments Before Collision, Revealed in Audio

Japan Airlines states its crew received clearance from air traffic control to land at Tokyo’s Haneda Airport before colliding with a Japan Coast Guar ...
Guidance Issued: Tax Credit for Clean Hydrogen Production

Guidance Issued: Tax Credit for Clean Hydrogen Production

The Treasury Department and IRS have issued proposed regulations outlining a tax credit for producing clean hydrogen under the Inflation Reduction Ac ...
The Dow achieves a new peak amid the Fed’s shift towards reducing interest rates

The Dow achieves a new peak amid the Fed’s shift towards reducing interest rates

On Wednesday afternoon, US markets surged following the Federal Reserve's final policy decision of the year. The Dow climbed 1.4%, closing at 37,090. ...
Elon Musk Enters Fray After Far-Right Accuses Jewish Man of Neo-Nazi Ties

Elon Musk Enters Fray After Far-Right Accuses Jewish Man of Neo-Nazi Ties

Ben Brody described his life as proceeding smoothly after college, steering clear of trouble and gearing up for law school. However, his peaceful rou ...
Netflix Co-Founder Reed Hastings Steps Down as Co-CEO

Netflix Co-Founder Reed Hastings Steps Down as Co-CEO

Netflix announced on Thursday that Reed Hastings, its founder, will step down from his role as co-CEO and transition to executive chairman. Taking hi ...
ExxonMobil to Acquire Shale Competitor Pioneer in $60 Billion Deal

ExxonMobil to Acquire Shale Competitor Pioneer in $60 Billion Deal

ExxonMobil has agreed to buy Pioneer Natural Resources, a major shale oil producer in the deal that will more than double Exxon’s footprint in the Pe ...
WhatsApp Expands Payment Options in India to Include Rivals, Boosts Commerce Efforts

WhatsApp Expands Payment Options in India to Include Rivals, Boosts Commerce Efforts

WhatsApp to Introduce Rival Payment Options, Expand Commerce Features in India WhatsApp announced plans on Wednesday to integrate credit card paym ...
Apple Set to Debut New iPhone at ‘Wonderlust’ Special Event

Apple Set to Debut New iPhone at ‘Wonderlust’ Special Event

Apple has announced its fall special event for September 12th, inviting guests to the Steve Jobs Theater at Apple Park in Cupertino, California, whil ...
Google Introduces Watermarking for AI-Generated Images

Google Introduces Watermarking for AI-Generated Images

Google introduced SynthID, an innovative measure unveiled on Tuesday to combat misinformation by implementing an imperceptible, permanent watermark o ...
CEO Linda Yaccarino suggests that X is ‘approaching profitability’ or ‘nearing breakeven’

CEO Linda Yaccarino suggests that X is ‘approaching profitability’ or ‘nearing breakeven’

X CEO Linda Yaccarino, leading the company formerly known as Twitter, indicated that despite the notable slowdown in growth of Meta's rival app Threa ...