Two years ago, at a hedge-fund conference in New York, attendees were asked to name some of their favorite and most-respected hedge-fund managers. Neither George Soros nor Julian Robertson merited a single mention. But one manager received lavish praise:Bernard Madoff. Folks on W … | Continue reading
Astronomers have observed the brightest flash of light ever seen, from an event that occurred 2.4 billion light years from Earth and was likely triggered by the formation of a black hole. | Continue reading
Tether has hired the Italian arm of major accounting firm BDO, but doesn't meet U.S. or international financial reporting standards right now. | Continue reading
The longtime consumer advocate is calling on the federal government to "prevent the growing deaths and injuries." | Continue reading
Amazon had staffed up earlier in the year as the Omicron variant spread. The workforce is down 6% since the end of March. | Continue reading
The car maker began taking orders for its new F-150 model, with a 700- horsepower engine. | Continue reading
Carvana sought to disrupt the used-car market. Sales soared, but then came the less glamourous business of actually registering the cars. | Continue reading
The cryptocurrency industry has strayed from its populists roots, adopting a Wall Street playbook—without the regulatory oversight. Some see a growing minefield of scams, fraud, and risky products. | Continue reading
A surge in repossessed autos reflects broader economic problems. The question: How might a bursting of an auto bubble affect the broader U.S. economy? | Continue reading
Tesla reported second quarter delivery numbers Saturday. The company delivered 254,695 vehicles, compared with 310,048 delivered in the first quarter of 2022. | Continue reading
U.S., China, Germany, India and the U.K. are the top five countries for billionaires | Continue reading
Discussion of a possible sale comes less than a year since Robinhood's much-anticipated initial public offering. | Continue reading
Buyers are calling off their searches as the cost of buying a home increases. That's making people across the country think carefully about putting their homes on the market. | Continue reading
Tesla cars are equipped with several external cameras. Elon Musk, Tesla's CEO, has said the cars don't spy in China or anywhere else. | Continue reading
The start of energy production at Finland's long-delayed Olkiluoto 3 nuclear reactor has been postponed from September to December due to repair work, operator TVO said Wednesday. | Continue reading
Employees of Roku, a provider of streaming services, think Netflix could take advantage of its low stock price and buy the company, according to an Insider report. | Continue reading
The reborn Delorean Motor Company plans to launch the EC with sub-three-second zero to 60 times and updated styling | Continue reading
Larry Summers's confidence in his contrarian call on inflation came primarily from history, writes Graham Allison. | Continue reading
Billions of dollars have flowed into a new version of the internet that promises to be democratic and decentralized. There’s a long way to go. | Continue reading
The chip maker joins several other major technology companies that have decided to be more prudent with their operating budgets in recent weeks. | Continue reading
By the end of trading on Friday, the selloff had gotten worse and we were staring at the worst start to a year since the Great Depression. | Continue reading
Cryptocurrency trading volumes at Robinhood dropped by 39% year over year in the past quarter. It doesn't bode well for Coinbase. | Continue reading
The once-highflying group of Big Tech names has disappointed—or worse—this year, with one exception. Investors are awaiting Apple’s earnings this coming week with more trepidation than usual. | Continue reading
Under its present management and business model, the stock is unlikely to revisit last year’s $80 peak. | Continue reading
Barron's test drove a Tesla Model Y for a few days, taking it more than 1,000 miles while relying on only Tesla's supercharging network to get us where we were going and back again. | Continue reading
NIO, the Chinese electric-vehicle maker, is in talks to license its battery swapping technology, according to the Financial Times. | Continue reading
Starlink, the satellite internet service of tech billionaire Elon Musk, has lost its frequencies in France after a legal battle waged by environmental groups. | Continue reading
Nearly 2 million aspiring homeowners will be shut out of the market this year, according to one estimate. They stand to lose more than just equity. | Continue reading
The deal is aimed to help cloud and data center customers maximize compute workload performance. | Continue reading
Two German states on Saturday said they have outlawed public displays of the "Z" symbol used by the Russian army in their invasion of Ukraine. | Continue reading
Investors fleeing riskier assets have turned to the renminbi, which is strong against the dollar. And digital payments between Russia and China are rising. | Continue reading
The House passes a $1.5 trillion spending package late Wednesday that includes emergency aid for Ukraine but not $15.6 billion in Covid-19 aid. | Continue reading
Amazon shares are up more than 6% on the news in after-hours trading. | Continue reading
Russia has suspended the sale of foreign currencies until September 9, the central bank said in a statement Wednesday, amid unprecedented economic sanctions on the country following its offensive in Ukraine. | Continue reading
Russian tech giant Yandex warned Thursday it may default on its debt after it was suspended from trading on New York's digital stock exchange. | Continue reading
Trading on Nasdaq in shares of the popular Russian search engine are halted Monday. | Continue reading
Cryptocurrencies remain well below levels from late last week, but mostly off lows seen Sunday. | Continue reading
Bank's economists warn of "a feedback loop taking hold between strong growth, cost pressures, and private sector behavior." | Continue reading
The payments providers will start charging a flat fee for cryptocurrency trades under $200, instead of a percentage. The new pricing begins March 21. | Continue reading
Belgium on Saturday advised its nationals to leave Ukraine after the US warned that a Russian invasion of its neighbour could begin within days with aerial bombardments. | Continue reading
Dustin Moskovitz, a co-founder of Facebook, has bought 16 million shares of Asana, the company he started in 2008 after leaving the social network. It's likely the largest buying spree ever by a corporate insider. | Continue reading
Musk put on his economist's hat during the company's earnings conference call. He contends the robot can solve the labor shortage and end scarcity. | Continue reading
The central bank staved off a downturn that could have been far worse than the quick recession and correction we saw in 2020. But now we’re about to find out just how much the Fed doesn’t know about what its policies have created. | Continue reading
The Federal Reserve is blaming supply constraints for soaring inflation. It’s neglecting to look at the main factor it controls, writes Robert Heller. | Continue reading
The order is expected to come in the next few weeks, a person familiar with the plan tells Barron's. | Continue reading
Growth drivers include Apple's addition of search ads in China, higher ad loads, and the introduction of banner ads to the App Store, says Bernstein analyst Toni Sacconaghi. | Continue reading
The IPO for Samsara, an internet-of-things company, is priced at $23 a share, the high end of its expected range. | Continue reading
The shares could be the first to cross that boundary. Virtual-reality headsets could send them further into the unknown. | Continue reading