The price of bitcoin plunged below $33,000 on Monday – a downturn that has coincided with a sustained losing streak for US stocks as the market brace for the possibility of a recession.
Bitcoin was down about 5% to approximately $32,934 as…
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The Great Resignation, the economic trend of people quitting their jobs in pursuit of other opportunities, has been greeted…
The era of free money is now officially behind us: The United States Federal Reserve raised a key interest rate benchmark by 0.50%, or 50 basis points, this week.
Startups have long basked in the sun of effectively zero-cost money. As…
The market for startup investment has changed. From the hottest year in startup venture capital history to a period of pessimism, how did we get to where we are today?
The following digest of TechCrunch coverage looks to answer that question. We…
Factory workers at a Shanghai facility that makes Apple products rioted on Thursday, clashing with guards in hazmat suits and jumping across security barriers in an apparent mutiny against strict coronavirus restrictions, dramatic social media video shows.
The news comes more than…
US stocks plunged sharply in early trading Thursday as investors grow more anxious about the Federal Reserve’s move to slam the brakes on the economy to combat decades-high inflation.
The Dow Jones Industrial Average plunged more than 1,000 points as of 12:15…
Bill Gates said Wednesday that it’s unclear if his rival Elon Musk’s $44 billion Twitter takeover will result in positive change, saying it actually could make the social media app’s problems worse when it comes to misinformation.
Gates, who recently endured a…
US stocks tumbled Friday to cap a week of volatile trading as investors reacted to downbeat earnings reports from blue-chip tech firms and worrisome economic data.
The Dow Jones Industrial Average plummeted 939.18 points, or 2.77%. The tech-heavy Nasdaq index fell 536.89…
Amazon reported its first quarterly loss since 2015 on Thursday, its money-making juggernaut stalled by a slowdown in pandemic-induced online shopping and a huge write-down of its investment in an electric-vehicle startup.
The Seattle-based e-commerce giant’s stock almost 10% in after-hours trading.…
Retail trading platform Robinhood Markets Inc said on Tuesday it is laying off about 9% of its full-time employees, sending its shares down 5% in extended trade.
The company, which is reporting its quarterly results later this week, said the rapid headcount…