$6 billion stolen in crypto hack, expert says financial institutions are "tested on a daily basis"
By October 30, 2026 / 7:22 PM EDT / CBS Boston Add CBS News on...
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France has recorded no growth since the start of the year and GDP fell 0.1% between July and September. The government is urging political forces to adopt the 2027 budget, as the country's ability to reassure markets is in doubt. Analysis.
GM has settled a multi-state suit over selling customer data without consent. Bloomberg/Getty Images General Motors has agreed to pay $220 million to 35 states and the...
An analysis of SEC filings by the Institute on Taxation and Economic Policy found that 706 profitable U.S. companies paid an average effective current federal tax rate of 10.4% last year, about half the 21% statutory rate, with 114 firms including Tesla, Walt Disney, United Airlines and DoorDash paying no current federal income tax. The report puts total subsidies captured by the group at $198 billion, with Alphabet, Microsoft, Amazon and Meta Platforms saving $46 billion combined from research and depreciation breaks. Corporate tax receipts fell about 15% to $381 billion in fiscal 2026 even as profits hit a record $4.7 trillion. The report's authors argue companies paying reduced rates pose a bigger revenue threat than those paying nothing, while critics say the breaks are legitimate bipartisan policy.
CNBC's Jim Cramer warned on Friday that volatility on Wall Street may not be over.Stocks endured a turbulent week as renewed concerns about the artificial intelligence trade weighed on technology shares. The...
It was a bad week for Big TechGoogle’s parent company, Alphabet, lost $500 billion in stock value on Thursday following a rough third quarter earnings report. On Friday, more tech giants joined the fray: Meta...
Home Energy Gas Prices Haley Zaremba Haley Zaremba is an energy journalist and...
Image Credits:Intel 2:54 PM PDT · October 30, 2026 Intel’s stock suffered one of its worst days ever on Friday, crashing around 28% after the chip giant reported a...
In Brief Posted: 2:52 PM PDT · October 30, 2026 Image Credits:Anna Moneymaker / Getty Images Anthropic is expected to receive a high “junk” rating from credit...
Kit Cassingham credits her yoga practice and her experience as a life coach with keeping her sane these days.And Cassingham has a lot of reasons to feel crazy: Earlier this week, she and her husband Randy...
Kit Cassingham credits her yoga practice and her experience as a life coach with keeping her sane these days. And Cassingham has a lot of reasons to feel crazy: Earlier this week, she and her husband Randy...
CEO of Meta Platforms Mark Zuckerberg attends a press briefing held by U.S. President Donald Trump with AI executives following a meeting on artificial intelligence, outside the West Wing of the White House...
More than $6 billion worth of cryptocurrencies were stolen from Binance, the world's biggest crypto exchange. It's the biggest cyber heist ever — and many suspect North Korea may be behind it.
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minutes agoRachel Clun,Business reporterandGrace Goodwin,US reporterJustin Sullivan/Getty ImagesHalloween shoppers in the US seeking sweet relief this spooky season have instead been shocked by the high...
Rivian shares surged Friday after its latest results boosted optimism that the long-struggling electric-vehicle maker is headed toward better times. The Irvine-based manufacturer announced Thursday that it...
Credit ratings agency Fitch on Friday revised France's outlook to "negative" from "stable", citing weaker growth, higher borrowing costs, wider budget deficit, and warned that political fragmentation could hamper sustained fiscal consolidation.
Big Tech is pouring billions into AI infrastructure, but mounting debt, negative cash flow, and growing investor skepticism are raising questions about the sustainability of the AI spending boom.
(Kitco News) – Gold prices suffered another sharp weekly decline, as an early recovery gave way to heavy selling after the Federal Reserve maintained its hawkish stance, stronger U.S. economic data...
(Kitco NewsWire) - Spot gold and silver prices were sharply lower in late U.S. trading Friday, as a technology-led equity market selloff intensified liquidation pressure across precious...
By Updated on: October 30, 2026 / 5:36 PM EDT / CBS News Add CBS News on...
As fallout begins from the announcement that Weil, Gotshal & Manges is winding down operations, leaders in the legal space told Law.com about what an impact the firm has had and what a hole its absence will create.
SA Spotlight uses AI to summarize content published on Seeking Alpha. All summaries are reviewed by human editors prior to publication.franckreporterShares of Sandisk Corporation (SNDK), a standalone NAND...
American households are feeling the squeeze of inflation that has remained stubbornly above the Federal Reserve's 2% target since the pandemic, and grocery prices have been a particular pain point in recent...