business news

DCG-owned crypto exchange Luno replaces CEO, seeks outside investment after layoffs

LONDON — The CEO of cryptocurrency exchange Luno is stepping aside and handing the reins to its head of operations,…

Trump appears to lose appeal of key ruling in criminal probe of classified records stored at Mar-a-Lago

Former President Donald Trump on Wednesday appears to have lost an appeal of a bombshell ruling in the criminal investigation…

Goldman Sachs is using ChatGPT-style A.I. in house to assist developers with writing code

Goldman Sachs is experimenting with generative AI tools internally to help its developers automatically generate and test code, the company’s…

Here’s everything the Federal Reserve is expected to do Wednesday

(Follow our live coverage of the Fed rate decision today.) Update: The Federal Reserve on Wednesday enacted a quarter percentage point interest…

‘Blanket insurance’ of bank deposits is not being discussed, Yellen tells senators

WASHINGTON — Federal bank regulators are not considering any plans to insure all U.S. bank deposits without congressional approval, Treasury…

Stocks making the biggest moves premarket: GameStop, Luminar Technologies, Virgin Orbit & more

Check out the companies making headlines before the bell. GameStop — The meme stock surged 44% after the company posted…

Watch live: Treasury Secretary Janet Yellen testifies at Senate hearing

(The stream is slated to start at 2:30 pm ET. Please refresh the page if you do not see a…

JPMorgan Chase buys data platform for startups in push to serve venture capital investors

JPMorgan Chase is acquiring a data analytics provider for startup investors called Aumni, CNBC is first to report. The biggest…

XRP cryptocurrency jumps as investors hope Ripple will win legal battle with the SEC

The XRP cryptocurrency soared on Wednesday as investors grew hopeful that Ripple, a company closely associated with the token, would…

Stocks making the biggest moves midday: Nvidia, First Republic, Nike, GameStop and more

Check out the companies making headlines in midday trading. Nvidia — Nvidia shares gained 1%, building on their recent outperformance.…