An Amazon facility on Amazon Prime Day in the Queens borough of New York, US, on Tuesday, July 8, 2025. Klaus Galiano | Bloomberg | Getty Images Amazon‘s website and shopping app were down for some users on Thursday, leaving consumers unable to check out, access account information or view product prices. Trouble on the…
US President Donald Trump boards Air Force One before departing Palm Beach International Airport in West Palm Beach, Florida, on March 1, 2026, on his way back to Washington, DC. Mandel Ngan | Afp | Getty Images President Donald Trump has thrown his support behind crypto firms in their high-stakes battle with U.S. banks over…
Block CEO Jack Dorsey’s move to cut nearly half the company’s workforce is shining a spotlight on a growing question for corporate America: whether advances in artificial intelligence will ultimately mean fewer workers. In an earnings call Thursday, Dorsey said Block will cut about 4,000 jobs. Dorsey framed the move as more than a cost-cutting…
Jack Dorsey, co-founder and CEO of Block, listens during the Bitcoin 2021 conference in Miami, June 4, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images The tech industry has spent the last couple years debating whether artificial intelligence will actually eliminate jobs at scale or simply be used as an excuse for companies to…
eBay’s headquarters in San Jose, California, U.S. Bloomberg | Getty Images EBay said Thursday it is cutting about 800 roles, or 6% of its workforce, in the latest round of layoffs at the e-commerce company. “We are taking steps to reinvest across our business and align our structure with our strategic priorities, which will affect…
Julia Holden can relate to the struggle of getting your baby to fall asleep. In February 2024, she and her husband noticed that their newborn son Maxime fell asleep more quickly when his eyes were gently covered with a burp cloth or small towel, she says. As a new mom “in survival mode,” Holden quickly…
Jose Luis Pelaez Inc. | Blend Images | Getty Images The average tax refund is 14.2% higher so far this season, compared to about the same period in 2025, according to early IRS filing data. As of Feb. 13, the average refund amount for individual filers was $2,476, up from $2,169 about one year prior, the IRS…
The Etsy company logo is seen at its headquarters in New York on Dec. 13, 2023. Michael M. Santiago | Getty Images Etsy shares popped 9% on Thursday after the company said it plans to offload its fashion resale app Depop to eBay for about $1.2 billion in cash. The online marketplace also reported mixed…
David Solomon, CEO Goldman Sachs, speaking on CNBC’s Squawk Box at the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2026. Oscar Molina | CNBC Goldman Sachs CEO David Solomon said Wednesday “it is very, very important that we codify a rule-based system” for how cryptocurrency and related financial instruments will operate” in the…
Banks and financial services stocks slid Monday after U.S. President Donald Trump called for a one-year cap on credit card interest rates at 10%. Citi Group lost almost 4% in premarket trading and JPMorgan Chase was down 3%. Bank of America fell 2.45%, Visa declined 1.58%, and Mastercard was 2% in the red. Broader finance names…
