Blog

Tencent’s online ad revenue grows for the first time in more than a year

BEIJING — Chinese tech giant Tencent reported better-than-expected quarterly revenue on Wednesday, helped by growth in ads within its growing…

CGC Online – A Deep Dive Into Blockchain and Web3 Games – April 17-18, 2023

CGC Online – A Deep Dive Into Blockchain and Web3 Games – April 17-18, 2023 Disclaimer: The text below is…

Wells Fargo lists financial instability as biggest economic risk post-Fed decision

A major Wall Street firm is ranking financial instability over inflation as the biggest economic risk for the next three…

Stocks making the biggest moves after hours: Steelcase, Coinbase, KB Home and more

Check out the companies making headlines in extended trading. Steelcase — Shares of the office furniture company jumped nearly 6% on…

Regional bank shares fall as Fed persists with rate hikes despite industry turmoil

Regional bank stocks spiraled lower Wednesday as investors weighed the Federal Reserve’s latest interest rate hike and commentary about the…

Biden used first veto to save a 401(k) investment rule. Here’s what it does

President Joe Biden used his first veto to preserve a recent U.S. Department of Labor rule about investment choice in…

The IRS plans to tax some NFTs as collectibles — and the rich would pay up to 28% on profits

The IRS said it plans to tax some non-fungible tokens, or NFTs, as collectibles akin to art or gems —…

Fed hikes rates by a quarter percentage point, indicates increases are near an end

WASHINGTON — The Federal Reserve on Wednesday enacted a quarter percentage point interest rate increase, expressing caution about the recent…

Here’s what changed in the new Fed statement

This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting on Feb. 1. The…