House Republicans on a new panel focusing on the “weaponization” of the federal government alleged Thursday that the Justice Department and other agencies have made a priority of singling out and suppressing conservatives.
PayPal Holdings Inc.’s volume growth on its platforms slowed even faster than expected in the final three months of last year, yet another sign that consumer spending continued to stumble even during the normally busy holiday season. The firm also said Chief Executive Officer Dan Schulman plans to retire at year-end.
(Bloomberg) — Kraken will pay $30 million to settle Securities and Exchange Commission allegations that it broke the agency’s rules with its cryptoasset staking products and will discontinue them in the US as part of the agreement with the regulator.
PayPal Holdings Inc. said longtime Chief Executive Officer Dan Schulman will retire at year-end as the payments giant contends with slowing growth across its platforms.
Wall Street’s largest banks will face a hypothetical scenario of a severe global recession with heightened stress in both commercial and residential real estate markets as part of a Federal Reserve exercise to test firms’ ability to withstand crises.
SpaceX performed a key engine test for its mammoth Super Heavy rocket booster on Thursday — a critical step before it can take the company’s Starship spacecraft to orbit.
(Bloomberg) — Three days before the Super Bowl, the National Football League faces a proposed class action lawsuit by former players who claim its disability plan prevents them from getting the treatment they need.
The US Transportation Department is investigating Elon Musk’s brain implant company, Neuralink Corp., after an animal rights group said it obtained emails suggesting the startup did not follow proper procedure when shipping possibly hazardous materials.
The one-of-a-kind fund structure that helped turn Vanguard Group into the second-largest ETF manager in the world may be about to get a lot less unique.
Wall Street couldn’t find many reasons to keep lifting stocks amid higher bond yields, hawkish Fedspeak and a surge in equity bullishness among retail investors that’s often seen as a contrarian indicator.
