BUSINESS
In the latest display of diplomatic tensions between Washington and Beijing, U.S. Secretary of State Antony Blinken traveled to China to engage in high-stakes discussions with top officials in Beijing and Shanghai. The visit, which first saw Blinken arrive in the financial hub of Shanghai on April 24, is laden
E-Commerce Giant Alibaba to Split Into 6 Firms and Pursue Separate IPOs to Streamline Operations
Alibaba Group, one of the largest e-commerce companies in the world, has announced its plans to split...
Disgraced FTX Founder ‘Conspired to Bribe’ Chinese Communist Party Officials With $40+ Million: DOJ
The disgraced former center of the digital currency universe, Sam Bankman-Fried, a 31-year-old who passed...
CFTC Sues Largest and Most Oblique Digital Currency Exchange
The Commodity and Futures Trading Commission (CFTC) uncorked a lawsuit against Binance, the world’s largest...
Young Men Are Losing Their Shirts In the Sports Betting Boom
As betting on the outcome of professional sports has become both mainstream and easily accessible via...
New Waves of Layoffs Hit America’s Mainstream Companies
In yet another sign that the economy is teetering on the brink of a recession that has a non-zero probability...
TikTok CEO Denies It Ever Shared User Data With the Chinese Regime
TikTok — the wildly popular video-sharing app that has taken the world by storm — has been the subject...
State Governments Hosting TikTok Tracking Pixels On Websites, Researchers Find
State-level governments in the United States have placed tracking pixels from ByteDance, the parent company...
Companies Using ‘Ghost Job’ Postings to Impress Robust Growth Amid Economic Downturn
Companies are posting ads seeking to recruit workers for positions they have little or no intention to...
Meet America’s Precursor to CBDCs Launching in July: The FedNow Service
America’s central bank, the Federal Reserve, is less than four months away from launching the prelude...